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LPE Originals

What Makes An Administrative Agency “Democratic”?

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Scholarship thus far has not reconciled the relationship between democratized agency policymaking and the regular lawmaking done by Congress. To ameliorate the inexorable agency costs, theorists generally pose two different solutions: (1) a democratization of agency discretion, e.g., by making notice and comment procedures more robust; or (2) forcing Congress to elaborate their intent in fine-grained detail or undertake more robust oversight. Both moves inadvertently replicate a conceptual mistake committed by many anti-administrativists. This essay will rectify this mistake.

LPE Originals

Tax Havens: Legal Recoding of Colonial Plunder

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The end of European empires during the mid-twentieth century and the independence of former colonies was many things: an oft-violent conflict between unequal opponents, a clash of ideas and ideologies, a struggle over rights and self-determination. Less frequently considered is that decolonization involved a dramatic movement of money and a legal reorganization of access to assets and investments. Having tracked these movements, I have found a surprising connection between decolonization and the expansion of tax havens and tax haven business during the 1950s and 1960s.
LPE Originals

On Socialism and Critical Legal Theory

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A recent workshop on the “Jurisprudence of Distribution” invited the opening panelists each to provide a five-minute overview of what a contemporary approach within left legal theory might offer. Other speakers covered Critical Race Theory, Feminism, Vulnerability Theory, left political economy, and so on. I took socialism and critical legal theory. Here are my five minutes (with some slight modifications for bloggability).
LPE Originals

On Justice Ginsburg and the Political Economy of the Family

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The argument that gender stereotypes structured law, and therefore shaped social identities and practices, is relatively familiar to historians and legal scholars. Less widely discussed is how gender ideologies influenced the development in the United States of what sociologist Gøsta Esping-Andersen termed a liberal welfare state. How did Ruth Bader Ginsburg’s vision of feminism fit in with other movements at the time?
LPE Originals

Planting an Orchard

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Through a progressive approach to designing policy feedback loops with communities and their organizations, we can create and win policies that both meet the immediate material needs and redistribute political and economic power more equitably.
LPE Originals

Toward a Democratic Political Economy for the First Amendment

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The key to understanding the connection between rights and material conditions is a conception of democracy…. people who are suffering from certain basic forms of deprivation and disadvantage will find it impossible to exercise fundamental rights and they will be unable to participate meaningfully in the project of cooperative government. Liberties may become impossible to realize without sufficient primary goods, while membership status within the political community may be degraded by structural inequality of economic wherewithal. Such problems can be avoided, at least partially, if freedom of speech and religion are construed in ways that are sensitive to the material conditions for their meaningful exercise. Otherwise, the conditions for the cooperative project of self-government will be absent.
LPE Originals

The Capital Commons, Part 2: How Best to Manage Public Capital

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In Part 1 of this two-part post, I explained that, owing to its endogeneity and consequent vulnerability to what I call Recursive Collective Action Predicaments, monetized public capital must, if it is to be productively rather than merely speculatively deployed, be publicly managed, while privately intermediated capital may be privately managed.I then suggested that public…
LPE Originals

The Algorithmic Capture of Employment and the Tertius Bifrons

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Automated hiring systems are paradoxical. Although often the stated reason for adopting them is to curtail human bias, they frequently end up exacerbating the biases they’re meant to correct. Even as employment discrimination continues to morph with the introduction of new technologies, so, too, should the law change to meet it head to head.
LPE Originals

Coordination Rights Beyond Nation States

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Conversations about progressive possibilities for economic policy and political economy often undertheorize or ignore international trade. The international economy is often seen as a free-for-all between countries, a space where powerful multinational firms are able to play governments off one another, resulting in a race to the bottom of domestic laws and regulations. Or, it is seen in terms of competition between economies with coherent rules, laws, and industries in the domestic sphere, but where Ricardian comparative advantage wins out internationally. Competition in international markets is seen as a flat state of nature, a “real” free market. By convincing ourselves that international trade and competition exists in a void–or accepting the assumption that it does–we ignore how law, policy, and regulation reshape the economy and commercial relationships to favor certain groups at the expense of others.
LPE Originals

A Tribute to David Graeber

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The importance of Graeber’s work goes well beyond money and debt. In my view, anybody interested in building up a renewed legal realism that can stand up to not just law-and-economics but also the updated formalism of liberal analytic moral/legal theory would be well served to familiarize themselves with his writings.
LPE Originals

A Nightmare of Work and Care

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At least since welfare reform, then, we have coexisted with a particularly monstrous work-life imbalance for low-income parents in which economic security, much less economic mobility for their children, remains forever out of reach. Americans have learned to live with punitive workfare as their only form of safety net assistance (or without it, as is the case for too many poor people ineligible even for subsistence benefits). Far from removing the crisis in care and work from polarized public debate, however, the pandemic has shown all too clearly that workfare ideology will not remain confined to the ever-shrinking welfare context, but has a life of its own.
LPE Originals

Spread the Fed, Part II

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From Federal Disintegration through Community QE to Central Bank Decentralization In the post immediately preceding this one, I observed that the twinned histories of American ambivalence toward centralized political governance on the one hand and central banking on the other place recent development in the realms of both pandemic response and American public finance into…