Okay, now I'm confused. The Republicans keep telling me that Obama is a socialist, a Marxist, and a communist all rolled into one tasty expropriation-minded morsel. So why is The Economist, center-right at best, endorsing him for President? Has the left infiltrated that august journal, as well? Call in Michelle Bachmann! Read the endorsement here....
Sure, some kind of important event will happen on November 4th involving the coronation of some guy named Barack, but international economic law geeks will have their eyes focused on a different date: November 15th. On that day, G-20 industrial leaders will gather at the National Building Museum in Washington D.C. to try to come up with a global response to the global financial...
Article XX(a) of the GATT allows countries to violate WTO rules if doing so is “necessary to protect public morals.” The “public morals” exception is notoriously elusive, with only one WTO case—the US-Gambling Services case—clarifying the scope of the exception. So in a real sense we don’t really know when “public morals” can or cannot be invoked. ...
A couple of months ago, I blogged about the possibility that Blackwater would support the African Union's peacekeeping mission in Darfur. That hasn't happened yet, but the company seems to have found another line of work -- fighting pirates off the coast of Somalia: Blackwater Worldwide and other private security firms — some with a reputation for being quick on the...
Of course law school associate deans and admissions people are focused on the internals of this data, but even in the midst of crashing law school endowments, lowered giving, and so on, can we assume at least that law school itself is counter-cyclical to the economy overall? When the economy tanks, students and recent grads take refuge in professional schools?...
For the last several years, I have been watching with fascination and admiration as my friend and Washington College of Law colleague, Daniel Bradlow, has been developing more or less from scratch an innovative tool in development finance for his native South Africa, what he has titled "Reconciliation and Development Bonds." Professor Bradlow heads the international legal studies program at...
I apologize for arriving late to the party; I have only just had a chance to read Professor Ring's fascinating article completely through. There are many reasons why I would come to this article already predisposed to like it - I started out life as an international tax lawyer, for example, and I am also an unapologetic defender within the...
Following up on Peter’s earlier post on the foreign policy views of Sarah Palin, I note this letter that she wrote in September 2007 to Senators Stevens and Murkowski expressing her “strong support” for the ratification of the UN Convention on the Law of the Sea (UNCLOS). She also seems to advocate the use of the International Tribunal for the...
I have spent a fair bit of time the past couple days reviewing the Supreme Court's docket for the upcoming term with an eye for any cases that might be of particular interest to our readers. Here is my list of the most important cases that are germane to our discipline. The big issues are (1) senior government...
So the financial crisis has definitively moved from being a Wall Street phenomenon featuring a certain amount of European schadenfreude to a global crisis in which European banks are just as involved as American ones. That it is a global crisis and not merely an American one means two things. First, early on in this financial mess, the sense that...
One small item in the Biden-Palin debate that has gone largely unremarked in the press is Senator Biden's comment on the US commitment on foreign assistance. From the CNN transcript: IFILL: [...
Some of my students have asked if there is some book that provides an entry level discussion of monetary issues and currency. One quite good recent book is Craig Karmin, Biography of the Dollar. Karmin is a Wall Street Journal reporter, and his book offers very good financial journalism (February 2008). It covers the history of the dollar and its...
