Legal and accounting fees for the bankruptcy process have already topped $500 million and are expected to hit $1 billion for the failed energy giant. (Eric Berger, Houston Chronicle, Nov. 14)(see also Jun. 29).
Chronicling the high cost of our legal system
Schools for Misrule
Get your copy today! My new book tackles the question of why so many bad ideas come from the law schools. "Cutting-edge commentary, hard-hitting, witty, astute." -- Publisher's Weekly. "Excellent... A fine dissection of these strangely powerful institutions" -- Wall Street Journal.
Cato Institute
Individual liberty, free markets, and peace: the world's premier libertarian think tank. Publishes Cato at Liberty, where I blog on contemporary policy issues.