CreditSlips

Paul Krugman has a column today about the blind, fundamentalist faith in efficient markets.  This is a phenomenon that Stephen Lubben and I have been discussing recently (did Krugman just preempt our paper idea?), as we've both encountered it in the financial regulatory policy debate: 

I have an op-ed in today's American Banker on the supposed efficiency and fairness of binding mandatory arbitration.  We've given arbitration occasional coverage on the Slips over the years, but it's never been a major focus of our posting, in part because it isn't inherently a credit issue.

Monday was our last day of classes. This semester I taught a seminar about the role of consumer credit in the United States' economy and society through the lens of consumer bankruptcy (primarily utilizing data and papers from various iterations of the Consumer Bankruptcy Project; find info about the seminar, which was designed by Katie Porter, here).

Still looking for a conference to attend this May? Come to beautiful Santa Fe and learn the latest and greatest about teaching consumer law. This conference features speakers from around the world. More specifically, On May 30–31, the Center for Consumer Law at the University of Houston Law Center, in cooperation with the University of New Mexico and the National Association of Consumer Advocates, will present the only international conference dedicated to the teaching of consumer law.

The Community Affairs Officers of the Federal Reserve System invite paper submissions for the ninth biennial Federal Reserve System Community Development Research Conference, to be held on April 2-3, 2015 in Washington, D.C. The Federal Reserve System Community Development Research Conference is a unique event that aims to bridge the gap between research, policy and practice on key issues facing the country.