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In labor law, a union shop, also known as a post-entry closed shop, is a form of a union security clause. Under this, the employer agrees to either only hire labor union members or to require that any new employees who are not already union members become members within a certain amount of time. [1]
The Journal is the first student-run journal of law and economics in legal academia. [3] The journal is cited widely throughout state and federal courts, including notably in an opinion by D.C. Circuit U.S. federal judge Neomi Rao in District of Columbia v. Exxon Mobil Corp. [4] It also holds symposia regularly on relevant legal challenges. [5]
Roger Babson (1875–1967), American business theorist Lawrence Bacow (born 1951), American economist and university administrator Louis Bachelier (1870–1946), French mathematician
In 2016, The Economist called shareholder theory "the biggest idea in business", stating "today shareholder value rules business". [9] In 2017, Harvard Business School professors Joseph L. Bower and Lynn S. Paine stated that maximizing shareholder value "is now pervasive in the financial community and much of the business world. It has led to a ...
In particular, the rejection of perfect competition does not generally entail the rejection of free competition as characterizing most product markets; indeed it has been argued [41] that competition is stronger nowadays than in 19th century capitalism, owing to the increasing capacity of big conglomerate firms to enter any industry: therefore ...
The historical antecedents of law and economics can be traced back to the classical economists, who are credited with the foundations of modern economic thought.As early as the 18th century, Adam Smith discussed the economic effects of mercantilist legislation; later, David Ricardo opposed the British Corn Laws on the grounds that they hindered agricultural productivity; and Frédéric Bastiat ...
In 2020, CNBC said: "Some would say Farrell was immortalized by his rules of investing that remains widely quoted today". [4] In 2021, Morgan Stanley said to their clients about Farrell's rules: "... they are pinned to the wall or taped to the screen of market professionals all over the world. A Google search of “10 Market Rules to Remember ...
Jonathan R. Macey (born 1955) is an American legal scholar who serves as the Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law at Yale Law School. Macey is the 4th most cited legal scholar ever in the world in the field of corporate law.