Robert Hockett, Associate Professor at Cornell’s Law School, recently came to us to talk about “Bailouts, Buy-Ins, and Ballyhoo”: the causes, historical antecedents, and possible solutions to our current financial crisis. The title really did not to justice to this talk, which was exemplary in its clarity and lucidity. Talking entirely without notes, Professor Hockett — who has training in philosophy, economics, and law — addressed analytical, historical, and normative dimensions of the crisis while steering clear of the jargon that has come to plague us in the halls of the academy. I wish that Treasury Secretary Paulson had been here, as I’m confident he would have profited Hockett’s talk and from the ensuing discussion. Academic events like this one are only one of the many privileges of living here.
This post was written by DanielK on November 20, 2008

