Good morning. I would like to thank Georgetown University Law Center and the conference organizers, Anna Gelpern and Adam Levitin, for the opportunity to speak to you. I was particularly delighted to be asked to speak at today's conference because the topic is law and macroeconomics, a field that my experience has persuaded me is of the first importance, but ill understood, and surprisingly understudied. Now, this may at first blush sound like a beloved former president, venturing into a grocery store—"Golly, can you believe these scanners!?"—because the field of law and economics was already sturdily ... (full story)