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The Legal Structure of Capitalism Seminar

This seminar explores some of the core bodies of substantive law that are needed for a capitalistic market economy to function well. Readings will consist mostly of seminal law review articles. The range of topics will be diverse. Starting with foundations in property and contract, we will proceed to topics such as: money, payments and negotiability; security interests; business organizations; business bankruptcy; securities issuance and securities market structure; regulation of financial institutions; infrastructure regulation; and competition and market conduct. We will seek common, unifying themes among diverse topics. What problems do these bodies of law solve (if any) that can’t be solved through property and contract alone? The focus will be on the “supply” side; we will largely steer clear of consumer law. Students will complete a research paper. [3 credits] Enrollment limited