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Category Archives: Financial System

Move Fast and Break Things Law, Technology, and the Problem of Speed

Chesterman, Simon, ‘Move Fast and Break Things’: Law, Technology, and the Problem of Speed (January 8, 2020). NUS Law Working Paper 2020/001. Available at SSRN: https://ssrn.com/abstract=3516032 or http://dx.doi.org/10.2139/ssrn.3516032 “Since computers entered into the mainstream in the 1960s, the efficiency with which data could be processed has raised regulatory questions. This is well understood with respect… Continue Reading

The Germany Shock: The Largest Economy Nobody Understands

Conrad Bastable – How Germany Is Able To Run The World’s Second Largest Export Economy In The Post-Industrial Era – “The Germany Shock” describes European growth & the efficiency-maximizing centralization of European manufacturing activity after the launch of the Single Market and the Euro. Two questions sparked this: 1) why did Europe only adopt the… Continue Reading

Independent bookstores mount inclusive access lawsuit

Inside Higher Ed – Big textbook publishers and retailers are accused of squashing competition from independent college bookstores – “Inclusive access programs, where students are automatically billed for their course materials, are increasingly big business for leading textbook publishers and college bookstores. But for independent, off-campus bookstores, inclusive access programs could spell a death knell.… Continue Reading

You Are Now Remotely Controlled – Privacy is not private

The New York Times Opinion By Shoshana Zuboff author of The Age of Surveillance Capitalism. …Privacy is not private, because the effectiveness of these and other private or public surveillance and control systems depends upon the pieces of ourselves that we give up — or that are secretly stolen from us. Our digital century was… Continue Reading

Former U.S. regulator leads effort to create digital dollar

Computerworld – The project will explore how a cryptocurrency could produce a more efficient and safer means of cross-border trade, clearance and settlement. “The former chair of the Commodity Futures Trading Commission (CFTC) has partnered with Accenture to create the non-profit Digital Dollar Project, which plans to explore the creation of a U.S. Central Bank Digital… Continue Reading

CMA lifts the lid on digital giants

“The UK Competition and Markets Authority (CMA) interim report has found that: Last year, Google accounted for more than 90% of all revenues earned from search advertising in the UK, with revenues of around £6 billion In the same year, Facebook accounted for almost half of all display advertising revenues in the UK, reaching more… Continue Reading

The IRS Decided to Get Tough Against Microsoft. Microsoft Got Tougher.

ProPublica co-published with Fortune – “For years, the company has moved billions in profits to Puerto Rico to avoid taxes. When the IRS pushed it to pay, Microsoft protested that the agency wasn’t being nice. Then it aggressively fought back in court, lobbied Congress and changed the law. Eight years ago, the IRS, tired of… Continue Reading

Broken Rungs on the Career Ladder: A New Analysis of Problems Encountered by Women Lawyers in Private Practice

Cynthia L. Cooper, Broken Rungs on the Career Ladder: A New Analysis of Problems Encountered by Women Lawyers in Private Practice, Perspectives (Jan. 21, 2020) – “The statistics reveal a disheartening picture. In 2018, women comprised only 19.5 percent of equity partners and 30.5 percent of nonequity partners in the nation’s 200 largest firms, according… Continue Reading

Federal Workers Increasingly Interested in Private Tech Sector

Indeed Hiring Lab: Uncle Sam has a new rival: the private tech sector. Since last year’s government shutdown, federal workers’ interest in the tech sector has continually outpaced that of the general population. The government may face a steep challenge attracting tech talent, largely because tech jobs in the tech sector command nearly a 50%… Continue Reading

How the Chinese government mobilizes students and media to burnish its image

Custer, S., Prakash, M., Solis, J., Knight, R., and J. Lin. (2019). Influencing the Narrative: How the Chinese government mobilizes students and media to burnish its image. Williamsburg, VA. AidData at William & Mary: “Chinese leaders have mobilized an impressive array of government agencies, media outlets, and educational institutions at home and abroad as a… Continue Reading

2020 Report on the State of the Legal Market

“The Center on Ethics and the Legal Profession at the Georgetown University Law Center and Thomson Reuters Legal Executive Institute and Peer Monitor® are pleased to present the 2020 Report on the State of the Legal Market detailing our views of the dominant trends impacting the legal market in 2019 and key issues likely to… Continue Reading