This article reviews two leading measures of financial risk and an emerging alternative. Embraced by the Basel accords, value-at-risk and expected shortfall are the leading measures of financial risk. Expectiles offset the weaknesses of value-at-risk (VaR) and expected shortfall. Indeed,...

This article reviews two leading measures of financial risk and an emerging alternative. Embraced by the Basel accords, value-at-risk and expected shortfall are the leading measures of financial risk. Expectiles offset the weaknesses of value-at-risk (VaR) and expected shortfall. Indeed,...

The interplay between law and political economy dictates much of the wealth of nations. This article describes the clash between the two dominant models of economic development: fugitive and agrarian. In the agrarian model, growth is closely correlated with levels of investment in physical and...

William Jennings Bryan dominated American politics at large for nearly three decades. Thrice he sought the presidency. Thrice he lost. Perhaps no other American politician has had greater influence by losing. The publication of Michael Kazin's biography, A Godly Hero: The Life of William...

This Essay completes a scholarly cycle in which I have defended free trade and international economic cooperation against charges that globalization will harm the environment and drain jobs from the high-wage economies of western Europe, Japan, and the United States. The demolition of geographic...

A specter is haunting agriculture, the specter of agroecological ideology. Extreme agroecological rhetoric transparently disguises a willingness to sacrifice environmental objectives whenever they conflict with the pecuniary interests of incumbent farmers. Agroecological ideology conceals an...

The neologism "biolaw" describes all areas of law informed by the life sciences. Health law, bioethics, environmental law, natural resources law, agricultural law, food and drug law, biotechnology, law and neuroscience, law and behavioral psychology, and evolutionary analysis of law all share a...

On October 26, 2012, the University of Akron School of Law’s Center for Intellectual Property and Technology hosted its Sixth Annual IP Scholars Forum. In attendance were thirteen legal scholars with expertise and an interest in IP and public health who met to discuss problems and potential...

As local utility regulation enacted early this century proved inadequate to deal with complex concerns, Congress passed statutes formulating a national energy policy. Under the resulting programs of concurrent state and federal regulation, competing authorities sometimes clashed. In the context...

American telecommunications law as regulatory phoenix appears to smolder in repeating cycles of reform, only to rise again from its ashes. From the heyday of public utility law's regulatory compact, through "mid-life" phases oj crisis and reform, to the mix of triumph and letdown that is the...