Kate Jackson
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katejackson.bsky.social
Kate Jackson
@katejackson.bsky.social

Associate Professor of Law at a regional midwest public law school. Political theory, corps & admin. ๐Ÿงถ๐Ÿ‘ฝ๐Ÿ‘พ๐Ÿง™๐Ÿฝโ€โ™€๏ธ๐Ÿฆ…๐ŸŽฎ My views are my own and reposts are not endorsements.

SSRN author page
https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=3568227 .. more

Political science 37%
Law 28%

At the university of Cincinnati, where I work, we got a significant application bump after joining the Big 12. So I wonder how much of the shifting applications have to do with Big Sportsball.

Reposted by Kate Jackson

I finally got the latest version of my Civil Procedure Game! Now with a box, better cards, and individualized pawns and tokens..

So yeah, libtard, donโ€™t bring guns to DC. Or anywhere else. Theyโ€™re not for you.

Also, guns were never meant to protect against โ€œtyrannyโ€ in the abstract. They are mean to protect agains the โ€œtyrannyโ€ of a plural inclusive society that occasionally allowed non-white Christians to occupy places of power and esteem.

Iโ€™ve moved on from war documentaries to US domestic terrorism documentaries. Itโ€™sโ€ฆharrowing to draw the through line from ruby ridge, Waco and Oklahoma City to ICE today. Or, rather, the white Christian nationalist/aryan nation/
gun nut backlash thereto.

Tell me you abuse women without telling me you abuse women

Iโ€™m a dreamer though. Alas. Itโ€™s congenital and has no cure

And here we are. Shareholder primacy ushering us in to an economy of rent-seeking and debt.

Tell me where I'm wrong!

Meanwhile, since US companies make LESS (relatively) than they used to, stockholders would make money only if corporations started cutting costs. Happily, managers could trust the credit markets to supplement stagnating worker salaries (thanks to aforementioned foreign investors).

The momentum only speeds up when pension funds are privatized everywhere - even more cash is looking for a home in US capital markets.

Of course those dollars come back to the US. they're not used to buy US goods. Instead, they're poured into the capital markets - and they bid up stock prices. Real handy for takeover artists looking to flip corporate conglomerates.

So what we have are a bunch of U.S. companies that make less and, thanks to trade deficits, a bunch of US dollars in the hands of foreign countries looking for a home.

The 1970s was also when Nixon took us off the gold standard; it was the end of Bretton Woods. The US is turning into a trade deficit country. Its manufacturing is dying.

"common sense" held that the reason companies were undervalued was because of inefficient managerialist practices nurtured in the warm waters of monopoly power.

But.

The world was ripe for SP: in the 70s, there was a bear market and corporate raiders discovered that they could sell companies for cheaper than they could buy them.

At the same time, financial markets could "discipline" management the way a product market should have disciplined them.. but no longer did, thanks to corporate concentration.

It was hoped that a "counter power" of shareholders would stymie the self-serving and inefficient behavior of corporate managers. With power, SHs would force management to run companies better.

I'm picking through the history of shareholder primacy and trying to tie it to larger macrofinancial/geopolitical trends. Looking for feedback!

SP arose in the 1970s: corporations should be managed to maximize share price (shareholders are presumed to all want this - despite its vagueness).
1/x @jedshug.bsky.social and I have put up an updated version of our paper, "Quasi-Judicial: A History and Tradition," up on SSRN.

This paper shows that the quasi-judicial function from Humphrey's Executor is simpatico w/ both originalism and a history-and-tradition approach.
Quasi-Judicial: A History and Tradition
<div> <p>The Supreme Courtโ€™s recent removal cases have revived a foundational question in constitutional law: whether all administration must be controlled by
papers.ssrn.com

Putting together some thoughts for a panel on corporate gov the @lpeproject.bsky.social conference this week and Iโ€™ve come to the conclusion that ESG stakeholderism is indeed immanent critique

Sorry not sorry
This @bostonreview.bsky.social piece by @adambonica.bsky.social and @jakemgrumbach.bsky.social is an absolute must-read, as are many of the responses to it.

Spread this one far and wide.
How Not to Defeat Authoritarianism
Moderation used to help Democrats win, but its advantages now have been greatly exaggerated.
www.bostonreview.net

TLDR: To solve the housing crisis, cutting red tape wonโ€™t work. Sorry abundance. And taxing the public to build public housing is just us subsidizing billionaires again: this time, when they mess up the housing market.

Apparently, as Dr oz tells us we all have to work longer and harder to pay for billionaire tax cuts, we also have to build more houses to make up for billionaires making an already adequate housing supply unaffordable

www.frbsf.org/research-and...

Let them eat tastycakes
Housing Affordability and Housing Demand - San Francisco Fed
Understanding housing demand dynamics through two indicators, income growth and population growth, provides important insights into housing affordability. Research shows that average U.S. income growt...
www.frbsf.org

MTG is using Mamdaniโ€™s colors as a zoom background. The irrational hopefulness in me is Seeing Signs.

Literally is a romance novel. Based off Julia Quinn

Women whose sexuality has to hide behind stupid cover art hidden in the back corner of Barnes & Nobles. Instead of being plastered over every ad ever made

folks sneer at romantic fiction, but itโ€™s just another fantasy that invites the reader to imagine themselves as a hero in a wonderful, emotional story that ends happily. Like a John Patterson book. Itโ€™s just โ€œfor women.โ€

Heโ€™s still be pissed if Helen of Troy was cast as someone from Tรผrkiye

And what does movie casting have to do with university DEI programs anyway