This case study, intended as a teaching exercise, highlights the problems of contracting in a world of great uncertainty. Streetwatch is a startup company seeking financing, and the CEO has received two offers for investment, each with its own advantages and disadvantages. The case highlights...

This mercifully short article discusses the growing importance of web logs (called "blogs") and describes "A Taxing Blog," the tax policy blog recently created by Victor Fleischer and Jeffrey Kahn. Recent blog topics include corporate inversions, the Vice President's tax return, the Bush...