Not Everyone Should Own a Home. Amen. What the Australians, the Europeans, and those who actually have to make their living in banking all get is that many, many people lack the means and others the responsibility to own their own homes. What was lacking in the run-up to the current bubble was not regulation. [...]

Mona Charen has a fantastic and fascinating take on Michelle Obama’s Fearful Vision on National Review Online. Read all the way to the end; it’s a great demonstration of one of the ways this country so often rises above those who would destroy it.

I have nothing against credit card companies or other commercial lenders. They provide a valuable service at the rates (prices) the free market will bear, and that’s a good thing. That said, I am sometimes amazed at some of the great deals a credit card company will offer me. Like the cash-back program one credit [...]

A few of the search terms people have used to find this site in the last 24 hours which have suddenly spiked in popularity:

ed cottrell
cottrell
baker botts
edblog
“ed cottrell” blog

I assume some of those folks are my new co-workers. Hello! Don’t worry, all; it’s pretty harmless on here.
Some of the more specific searches from the last couple [...]

As much as I’ve enjoyed playing around with this site in the last couple of weeks, alas, the real world calls. I start at Baker Botts, tomorrow, as does Sarah. So, perhaps there will be a bit of a break in the blogging. To all five of my readers: please come back; I will not [...]

Details here: Heller gets his gun permit.
More coverage:

SFGate
SCOTUSBlog

I love a good lawsuit connected with history and religion as much as the next person, but I have to say that when the Knights Templar sue the Pope perhaps we’re digging a bit far into religious history for a current complaint. In any case, this one is too far up my alley not to [...]

The makers of Airborne, the popular cold remedy, are going to be on the hook for as much as $30 million, after an FTC settlement for another $6.5 million in addition to the $23.5 million settlement of a class action claim earlier in the year.
Some people swear by Airborne. Personally, I think it may have [...]

Ouch. Harvard economics professor Greg Mankiw has the bad news, thanks to Bob Carroll

[Editor's note: this post originally appeared as a stand-alone page on this site; because of a new site structure I am rolling out in the next few days, I am re-posting it on my blog. Another useful resource on this topic is my paper, Tapping the Aquarium: Legal Implications of Advertising for Online Gambling Sites [...]