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Washington D.C., Imperial City
futureofcapitalism.com

The Cato Institute's Walter Olson has a fascinating blog post about how the government-based economy of Washington, D.C., is booming, in contrast to the rest of the country. Landlords are now asking higher commercial rents in Washington than in New York City. D.C. home prices are up 5.29% on the year, versus a 3.2% decline nationwide. And while newspapers nationwide are laying off journalists, in Washington, specialized news services covering the regulators and appropriators are staffing up. Also, "the Washington, D.C. metro area has now attained the highest family median income of any major city," and "seven of the 10 richest counties in America, including the top three, are in the Washington area." Amazing and important stuff.

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Review of Schools for Misrule
futureofcapitalism.com

Of all the possible explanations for Barack Obama, one of the most intriguing is that, like Bill Clinton before him, he was both a law school graduate and a law school professor.

As such, Walter Olson explains in his new book, Schools for Misrule: Legal Academia and an Overlawyered America, he was subjected to an environment of overwhelming leftism.

Democrats outnumber Republicans 28 to 1 on the Stanford law school faculty, 23 to 1 at Columbia, Mr. Olson reports.

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Walter Olson on Walmart
futureofcapitalism.com

The Cato Institute's Walter Olson, author of Schools for Misrule, has an op-ed in the Philadelphia Inquirer about the Supreme Court's decision in Wal-Mart v. Dukes:

The misconceptions about this case begin with the identities of the real combatants. On NPR's Marketplace this week, Slate's Dahlia Lithwick described the plaintiffs as "1.5 million female employees of Wal-Mart who are trying to file a class-action suit." But, of course, most of those women are not "trying" to do anything of the sort.

Rather, a relative handful of them have hired lawyers, and those lawyers daringly sought to get themselves declared the legal representatives of the other 1.496 million (or however many), who have expressed no inclination whatsoever to sue.

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Review of Schools for Misrule
futureofcapitalism.com

Of all the possible explanations for Barack Obama, one of the most intriguing is that, like Bill Clinton before him, he was both a law school graduate and a law school professor.

As such, Walter Olson explains in his new book, Schools for Misrule: Legal Academia and an Overlawyered America, he was subjected to an environment of overwhelming leftism.

Democrats outnumber Republicans 28 to 1 on the Stanford law school faculty, 23 to 1 at Columbia, Mr. Olson reports.

Read More...


Walter Olson on Walmart
futureofcapitalism.com

The Cato Institute's Walter Olson, author of Schools for Misrule, has an op-ed in the Philadelphia Inquirer about the Supreme Court's decision in Wal-Mart v. Dukes:

The misconceptions about this case begin with the identities of the real combatants. On NPR's Marketplace this week, Slate's Dahlia Lithwick described the plaintiffs as "1.5 million female employees of Wal-Mart who are trying to file a class-action suit." But, of course, most of those women are not "trying" to do anything of the sort.

Rather, a relative handful of them have hired lawyers, and those lawyers daringly sought to get themselves declared the legal representatives of the other 1.496 million (or however many), who have expressed no inclination whatsoever to sue.

Read More...


Washington D.C., Imperial City
futureofcapitalism.com

The Cato Institute's Walter Olson has a fascinating blog post about how the government-based economy of Washington, D.C., is booming, in contrast to the rest of the country. Landlords are now asking higher commercial rents in Washington than in New York City. D.C. home prices are up 5.29% on the year, versus a 3.2% decline nationwide. And while newspapers nationwide are laying off journalists, in Washington, specialized news services covering the regulators and appropriators are staffing up. Also, "the Washington, D.C. metro area has now attained the highest family median income of any major city," and "seven of the 10 richest counties in America, including the top three, are in the Washington area." Amazing and important stuff.

Read More...


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Walter Olson

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