The Baltimore Sun ran an editorial that began with the line “Rich people threaten lawsuits. It’s what they do.” That isn’t really right, though, I point out in a letter to the editor: “In fact, whether they enter politics or not, most wealthy persons do not share Mr. Trump’s habit of using lawsuits as a tactical weapon (and many who do pursue litigation overzealously are not rich).” Read the whole thing here
An interview is presented with assistant professor Erik Meyersson on research with economist Albrecht Glitz on the economic returns of industrial espionage operations in East and West Germany during the Cold War. Emphasis is given to topics such as the technology and productivity gap between East and West Germany and corporate spying in relation to research and development. Industrial Espionage Is More Effective Than R&D
Leslie Book, District Court Reverses Bankruptcy Court and Finds that Emotional Distress Alone Insufficient to Justify Awarding of Damages When IRS Violates Stay on Collection (Procedurally Taxing). There really needs to be a “sauce for the gander rule” to allow taxpayers to impose the same penalties for IRS carelessness that they get to impose on us.