Symposium on “Radical Markets”
11/30
Room V 1111 East 60th Street, Chicago, Illinois 60637
The Coase-Sandor Institute for Law and Economics at the University of Chicago is hosting a one-day symposium on the new Posner-Weyl book, Radical Markets. The symposium will take place on Friday, November 30, 2018, at the University of Chicago Law School. The contributions to the symposium will be published in a special online edition of the University of Chicago Law Review.
In Radical Markets, Posner and Weyl argue that the major problems of our time—low growth, rising inequality, and political conflict—are due to the failure of market institutions, which have allowed people and corporations to accumulate excessive market power. The solution is not more regulation but the reorganization of markets so that they are freer, more open, and more competitive. The authors make five proposals: a continuous public auction of property; quadratic voting; citizen-based immigration visas; restrictions on institutional investment; and the data-as-labor model for the tech industry.
The symposium contributors will address all aspects of this book, including the five main proposals; the methodology, known as mechanism design, that is used in the book; various aspects of the intellectual history of economics and political economy discussed in the book; and the relationship between economics and technological development, including the future of economic organization and policy as computing power continues to grow.
The symposium is free and open to the public. Registration is required.
Participating Faculty
| Ananya Chakravarti | Assistant Professor, Department of History, Georgetown University |
| Daniel L. Chen | Professor, University Toulouse Capitole |
| Adam B. Cox | Robert A. Kindler Professor of Law, NYU School of Law |
| Lee Fennell | Max Pam Professor of Law, UChicago Law |
| Richard L. Hasen | Chancellor’s Professor of Law and Political Science, University of California, Irvine |
| Daniel Hemel | Assistant Professor of Law, UChicago Law |
| Zachary Liscow | Associate Professor of Law, Yale Law School |
| Eric A. Posner | Kirkland & Ellis Distinguished Service Professor of Law, Arthur and Esther Kane Research Chair, UChicago Law |
| Moira Weigel | Junior Fellow, Harvard Society of Fellows, Harvard University |
| Katrina Wyman | Sarah Herring Sorin Professor of Law, NYU School of Law |
| E. Glen Weyl | Principal Researcher, Microsoft Research |