The Harvard Law Review rarely publishes articles on copyright law, so there was considerable buzz among intellectual property academics when the Review accepted a piece from a young scholar who [...]
This article elaborates and evaluates the neo-Weberian notion of social closure to investigate positional inequality in the United States. It argues that social and legal barriers around occupations raise the [...]
We analyze the capital market assessment of bank risk factors in Europe and the United States for the 1990–2011 period. The focus is on bank stock returns in a multi-factor [...]
Patents and trade secrecy have long been considered substitute incentives for innovation. When inventors create a new invention, they traditionally must choose between the two. And if inventors choose to [...]
During the past few decades, licensure, a state-enforced mechanism for regulating occupational entry, quickly became the most prevalent form of occupational closure. Broad consensus among researchers holds that licensure creates [...]
In the wake of the financial collapse of 2008, the federal government created new regulatory bodies to oversee aspects of the financial services industry; most notably the Federal Housing Finance [...]
I examine the effects of mandatory occupational licensure on the quality of Certified Public Accountants (CPAs) using the staggered state-level adoption of the 150-hour Rule (the Rule). Although the Rule [...]
This paper evaluates the ability of “forced technology transfer” (FTT) policies – i.e., policies meant to increase foreign-domestic technology transfer that simultaneously weaken appropriability of foreign innovations – to contribute [...]
A battle is waging in the media & entertainment industry. No longer is it only legal offerings competing against each other for market share, they now face a formidable foe [...]
This is a reproduction of John Locke's 1694(-5) memorandum opposing renewal of the Licensing Act, along with a short introduction. In the memorandum, Locke strongly attacks the monopoly held by [...]