Today, @GaneshSitaraman offers a primer on how to think about public utility regulation and its tools—and how to apply them to different parts of the AI tech stack.

Weekly Roundup: Omer Ein-Habar on the original sewer socialists, Ioannis Kampourakis on law as a produce force, and Yochai Benkler on the legal transformation of capitalism. Plus, a junior faculty forum, a call for book reviews, democracy's death by consultancy, and more!

Today, Yochai Benkler continues our symposium on Katharina Pistor's *The Law of Capitalism and How to Transform it.* To design the right program for capitalism’s legal transformation, he argues, we must begin with the right theory of capitalism.

Today, Ioannis Kampourakis considers what follows, politically, from the idea that law is constitutive of capitalism. What theories of social change does this view make available, where does it locate political agency, and what kinds of political energies might it unleash?

Today, Omer Ein-Habar argues that as cities fight to take back control of local utilities, they should dust off the legal playbook of the original “Sewer Socialists.”

The week in review: Katharina Pistor on the Law of Capitalism, and Ntina Tzouvala on capitalism beyond law. Plus, a metric ton of cool new research: the effects of law firm resistance and capitulation, peace in a multipolar world, the history of the roadless rule, and more!

"Norman Vincent Peale, author of *The Power of Positive Thinking,* was, notably, the Trump family’s pastor: Donald Trump’s parents drove into Manhattan every Sunday to worship at Peale’s Church, and Peale officiated Trump’s first wedding." lpeproject.org/blog/big-litt…

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Today, Ntina Tzouvala raises some doubts about the idea that capitalism is an irreducibly legal phenomenon.

Today, Katharina Pistor explains how three features of our private law—private legal empowerment, decentralized access to the centralized means of coercion, and legal arbitrage—allow capitalists to circumvent public regulation.

Weekly Roundup: James Tierney considers what LPE could want from a method, and Darren Bush, Mark Glick, and Gabriel Lozada search far and wide for “contemporary” law and economics. Plus, as always, upcoming events, new articles, and essays from around the web.

TLDR:

According to a recent defense of law and economics, contemporary practitioners have abandoned the idea that law should maximize economic efficiency. To put this claim to the test, Darren Bush, Mark Glick, and Gabriel Lozada reviewed twelve major law and economics textbooks.

Law and economics offers a portable procedure that students can learn in a semester and apply across fields. Should LPE develop a similar procedure, or seek a different kind of methodological maturity? Today, James Tierney explains what a rigorous LPE method might look like.

The week in review: Marc Shkurovich on the case for public pharma, Katharina Pistor on the challenges of social democratic reform, and Yochai Benkler on taking social relations as the basic unit of analysis. Plus, some hot interviews, essays, and law review articles.