sanjukta paul

@sanjukta.bsky.social

Preparing for our tryst with destiny "There's nothing more practical than a good theory."

Today, @matthewtbodie.bsky.social welcomes the appearance of a kinder, gentler, more ecumenical version of law and economics. Yet in corporate law scholarship, where shareholder primacy still reigns supreme, he finds scant evidence of any such shift.

Twilight of the Gods

Contemporary proponents of law and economics claim to have abandoned the idea that law is an instrument for maximizing economic efficiency and wealth. Corporate law scholars haven't yet heard the good...

lpeproject.org

The reason I'm kind of a pedant about various past legal developments that are often assimilated to categories like "market reasoning" or "market logic" or the like by critics is that I strongly feel this has a tangible effect of conceding internal coherence to the positions the critic opposes.

I don't care about the World Cup, obviously, but my mother did and favored Spain over the remaining teams 👍🏽 she would have loved it if a real underdog made it into the finals but also would have enjoyed this to the last

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In a sure sign that the thing I've been studying has infected my brain, I found myself thinking "well, a parent pre-deceasing their child is less total trauma in the world than vice versa"

It's important to understand that classic "lochner era" cases like Adair and Coppage are really not based on the self-coordinating market idea *at all*. Not even a little bit.

We had just been emailing about a trip she planned to take to Central Texas. I am kicking myself for all the times I went to Houston and never arranged to meet her.

My mother Ruchira (Mitra) Paul passed away suddenly last night. July 23, 1951-July 7, 2026. I will have more to write about her later. She was intelligent, curious, beautiful, and unerringly fair-minded even when social conventions were not. Anything I may be able to do in this life comes from that.

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Brandeis was (I think pretty clearly?) the best and most all around sensible pre-1940 Supreme Court Justice and interestingly the first minority of any kind to be appointed to the court - which does not precisely prove the rightness of Woke, but doesn't not prove it either

My whole schtick at this point in time is 'free markets as an idea were way less important in pre-1945 American history than the CW thinks and are way more important now than the CW seems to think'

weird asymmetry for much 19c econ? the inframarginal seller (id'd with landowners by eg Ricardo) is presumed to get MORE than his costs (b/c market price set by others' higher cost); but the inframarginal WORKER is presumed to get less than she produces (b/c market wage set by others' lower product)

"Liberal Socialism ... must be democratic. It must come from below, not from above ... It must engage the efforts and respond to the genuine desires not of a handful of superior beings, but of great masses of men."