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Shapiro and McCarthy on Citizens United

From First Thoughts

Ilya Shapiro and Caitlyn W. McCarthy, both of the Cato Institute, have a short paper in the John Marshall Law Review on the Citizens United case, addressing in particular the issue of whether corporations should count as “real persons” for First Amendment purposes. Reviewing the Supreme . . . . Continue Reading »

Are Public Company CEOs Overpaid?

From First Thoughts

Many people think that CEOs of public companies are systematically overpaid. David F. Larcker and Brian Tayan, both of the Stanford University Graduate School of Business, disagree. In a paper recently posted on the Social Science Research Network, they argue as follows: While it is true that . . . . Continue Reading »

Violent Video Games Not All Bad

From First Thoughts

I love empirical confirmation of my views, especially when I wasn’t expecting it. You may recall that I recently wrote an article for On the Square defending the Supreme Court’s decision in Brown v. Entertainment Merchants Association , which struck down on First Amendment grounds a . . . . Continue Reading »

In Defense of Disgusting Speech

From Web Exclusives

On Monday, the Supreme Court decided Brown v. Entertainment Merchants Association, striking down on First Amendment grounds a California statute prohibiting the sale of certain violent video games to minors without parental consent. The configuration of Justices was unusual … Continue Reading »

Catholic Colleges, Unions, and the NLRB

From First Thoughts

Here’s a story that amuses me no end. In an op-ed in the Wall Street Journal , Patrick J. Reilly, the president of the Cardinal Newman Society, complains about two recent decisions by regional offices of the National Labor Relations Board allowing certain professors at Catholic colleges to . . . . Continue Reading »

More on Insurance for Contraceptives

From First Thoughts

Joe Carter notes that the Obama Administration is considering whether to require health insurers to pay for contraceptives. Even leaving aside moral objections, this is great foolishness from an economic point of view. To simplify matters, assume that the insurance pool contains 500 male-female . . . . Continue Reading »