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The Law and Political Economy Project

Collateral Cities

Under financialized capitalism, corporate investors value homes not solely or primarily for rental income, or even as assets that can be bought and sold—but rather because they serve as collateral. Three episodes of institutional change in housing markets underscore the importance of not only decommodifying land and housing, but decollateralizing it.

Bankruptcy as Social Safety Net

By paying greater attention to who files bankruptcy, we can learn a great deal about the social and economic disparities that plague our society. By reforming and expanding access to bankruptcy, we can chip away at some of these disparities.

The Other Environmental Law: Climate Law’s Police Phase

The adoption of fossil fuels to power the world economy has depended upon a fossil law that arranges a particular type of market and enforces a particular balance of power. One understudied, but central, aspect of this process is the use of state and corporate violence to compel the extraction and consumption of oil, gas, and coal.

LPE Originals

Ted Hamilton

Ted Hamilton is a Visiting Assistant Professor at Bucknell University, cofounder of the Climate Defense Project, and the author of Beyond Fossil Law: Climate, Courts, and the Fight for a Sustainable Future.

The Indian Country Abortion Safe Harbor Fallacy

In response to the likely fall of Roe, commentators have suggested that tribal lands might serve as safe harbors for abortion in conservative states. While tribes ought to possess the territorial authority to regulate reproductive healthcare as they see fit, this proposal overlooks important legal, financial, political, and ethical considerations that make the prospect of such safe harbors unlikely.

Taking Democracy Seriously in the Administrative State

In a society as deeply divided as our own, it is fanciful to think that we will be able to deliberate our way to a consensus. To resolve the longstanding puzzle of the administrative state’s democratic legitimacy, we need to resist the neoliberal impulse to erase politics and, instead, design opportunities for genuine contestation.

LPE Originals

Applications III: Labor and Anti-Monopoly

Week 7’s readings address the historic and contemporary relationships between labor and anti-monopoly. Three key themes cut across these readings. First, several of the readings discuss how antitrust law has historically been used—and continues to be used—to stifle worker organizing and collective action, despite the original pro-labor purpose of the antitrust laws. As the readings…

LPE Originals

Unpacking the Anti-Monopoly Toolkit II: Antitrust and Competition

Week 4 dives into a second key tool in the anti-monopoly and regulated industries toolkit: antitrust. Several of the readings discuss the origins and inadequacies of the predominant approach to antitrust law today—a court-centered regime driven by a focus on consumer welfare. Reviewing Tim Wu’s The Curse of Bigness, Lina Khan charts the “decades-long project…

Procedural Political Economy

Civil procedure is the infrastructure of democracy, allowing the public to interpret, elaborate, and entrench constitutional-regulatory commitments over time. Rather than sidelining courts entirely, a revival of the democracy-of-opportunity tradition should include a progressive vision of procedure.