Inside HLS: News and Views From Campus
In her study of money in law, Professor Christine Desan has found herself looking back as far as medieval times. But in the wake of the financial crisis of 2008, in large part caused by liquidity problems—money oversupplied and then frozen in credit markets—her historical scholarship has led her to insights into today’s economic predicaments.
“Politics and Corporate Money” Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84 Project Syndicate Sept. 20, 2010 “A recent decision issued by the United States Supreme Court expanded the freedom of corporations to spend money on political campaigns and candidates. … This raises well-known questions about democracy and private power, but another important question is often overlooked: who should decide for a publicly traded corporation whether to spend funds on politics, how much, and to what ends?