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FOO Law and Economics




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Current Rank: 10 (Legal)
URL: http://foolawecon.wordpress.com/
Site Description: An incursion into how social order and the economy interact, with a focus on the economy and Philippine law. FOO has nothing to do with Chinese food, foo fighters, or Winnie the bear. It stands for “Fooled Only Once.”
Date Joined: Mar 22, 2009

Tags: economics lectures, silliman university, philippine economy, jurisprudence, institutions


Latest Blog Posts

When it is not plagiarism in a Court decision
on Oct 15, 2010 in books and authors civil law technology copyright plagiarism The Philippine Supreme Court has resolved the issue of whether a Justice plagiarized the work of others.  In the course of its deliberations, the Court clarified that there are certain instances which cannot amount to plagiarism. In its decision, th...



Oldie of the week – I am a rock (Paul Simon)
on Oct 14, 2010 in ephemera oldies music paul simon Happy weekend NSW! ..  but the feeling never dies.. “I have my books and my poetry to protect me… If I never loved I never would have cried.” - Paul Simon, 1965 Filed under: ephemera, oldies music Tagged: paul simon...



In defense of “Dirty Harry” et al
on Oct 14, 2010 in Philippine law civil law constitutional law freedom of expression torts There is a frenzy out there for heads to roll because of the events of August 23. But wait an orange-juice minute.  We’re not cabbages so easily chopped up.  Some “deeper” questions have not been raised enough. Among them are: (a) Can officia...



What is PPP?
on Oct 12, 2010 in capital markets development economics economic thought philippine economy austrian school economic cartoon It’s not purchasing power parity, a theory used to explain exchange rates.  But PPP was once called the BOT scheme.  So says the Philippine News Agency: MANILA, Sept. 13 (PNA) — President Benigno Aquino III has issued an executive order...



That uncertain double dip
on Oct 10, 2010 in capital markets economics ephemera financial crisis macroeconomics economic cartoon Economists don’t really know what will happen next.  How do I know?  Because Frank and Ernest said so. And from the cartoon (left part), it seems that when economists think, they tank.  (We should be thankful!) But of course it is quite poss...



Star wars log – Rene Saguisag speaks
on Oct 9, 2010 in constitutional law freedom of expression justice PR saguisag filing fees Courtesy of Ellen Tordesillas and Probe TV, you can watch former Senator Saguisag talk about recent events. With due respect, we believe Rene has enough …. should the Supreme Court think of citing him for “contempt.”  That would be...



Ghosts on TV, in school, and in the Supreme Court
on Oct 5, 2010 in books and authors civil law constitutional law philippines torts plagiarism warranty against eviction ghost writers vicarious liability davila pangilinan In recent memory, three incidents of alleged plagiarism have been reported in the Philippines.  One is by Karen Davila, a TV personality; another, by Manuel Pangilinan, a businessman;  and yet another, by the Philippine Supreme Court. In all three...



The Holy Grail of investments – Part 2
on Oct 2, 2010 in capital markets financial crisis macroeconomics austrian school investment advice In an earlier post, I outlined the conventional wisdom on what drives the business cycle, and how stock and bond markets react to the cycle. What if the stock market can by itself induce the business cycle?  In this case, the conventional wisdom no...



The economics of bus accidents and traffic
on Sep 28, 2010 in institutional economics law and economics philippines regulation tragedy of the commons manila traffic Here comes a proposal to change the way bus drivers, especially on EDSA, are paid.  Supposedly, if they were on fixed salary, drivers would behave better and cause fewer accidents and traffic jams. The incentives to drive recklessly in search of a...



Idiots and “normals”
on Sep 28, 2010 in capital markets financial crisis fraud macroeconomics buffett Fisher investments new normal PIMCO Ponzi I thought the “new normal” was just a PR gimmick.  At one level it justifies how supposedly smart folks didn’t call the 2007-08 crisis, so that now it is ok to do some Monday morning QBing to say, ok, the world changed after 2008.



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