Tag Archives: lawyers

The fundamental mystery of capitalism, in my mind, is how a lot of locally zero-sum fights—over customers, over bread, over a job opening—can result in a globally positive-sum game like 2%/year economic growth over a century. Just had a small … Continue reading

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@isomorphisms: I don’t know why people don’t celebrate the increased supply of young lawyers. Lower cost of representation is a huge step toward fairness and justice before the law.

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[T]here are 45,000 annual law school grads, and the [US Bureau of Labour Statistics] predicts there won’t be more than 25,000 annual entry-level legal jobs (including all salary levels*, part-time, and temporary work) before… 2018. Believe me, law schools are … Continue reading

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Ex Ante / Ex Post Conflicts

M. You live in a society where lovers choose whom to marry based on romance. So you don’t want to give up your right to choose a partner (or no partner at all). But if you actually lived under rules of … Continue reading

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Lawyers enable complex laws

Let’s assume that (i) there is an optimal number of lawyers and that (ii) said number is between 0% and 100% of the population. The cost of adding a lawyer to society is that a smart, articulate person no longer … Continue reading

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Lawyers:

On a Curved Manifold? Here’s something curious about lawyers. Locally they fight negative-sum games — effectively, expending resources fighting over the division of a non-increasing good. lawyer 1: OK, I get x% lawyer 2: and I get 1−x % lawyer … Continue reading

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