The CLS Blue Sky Blog presents Part IV of the second installment of our new series, entitled “The Marketplace of Ideas.”  Parts I, II, and III can be found here,  here, and here.  Earlier installments are available here.  The intent is to present different perspectives on the same subject by two or more authors.

The subject is Professor Katharina Pistor’s Legal Theory of Finance (LTF).  For a short description of her theory and the format of the commentary we are releasing, please see here.

Our sixth and seventh releases come to us from Professor Bruno Meyerhof Salama (from FGV Law School in Sao Paulo, Brazil) and Osny da Silva Filho (from the University of Sao Paulo Law School in Brazil), and Richard Shamos, an associate at Schulte Roth & Zabel LLP in New York.  

Please click here for Bruno’s and Osny’s post, Elasticity, Incompleteness, and Constitutive Rules, and here for Richard’s post, Free Markets and the Legal Theory of Finance.  Commentary on these posts is greatly encouraged.