首页 > 最新文献

Michigan Law Review最新文献

英文 中文
How Racism Persists in Its Power 种族主义是如何持续存在的
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2022-01-01 DOI: 10.36644/mlr.120.6.classic
Deborah Archer
A Review of The Fire Next Time. By James Baldwin.
《下次失火》书评。詹姆斯·鲍德温著。
{"title":"How Racism Persists in Its Power","authors":"Deborah Archer","doi":"10.36644/mlr.120.6.classic","DOIUrl":"https://doi.org/10.36644/mlr.120.6.classic","url":null,"abstract":"A Review of The Fire Next Time. By James Baldwin.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507596","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Rent Strikes and Tenant Power: Supporting Rent Strikes in Residential Landlord-Tenant Law 租金罢工与租客权力:支持住宅房东-租客法中的租金罢工
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2022-01-01 DOI: 10.36644/mlr.120.5.rent
Samantha Gowing
For more than a century, low-income tenants across cities in the United States have protested and organized together against unjust housing conditions. Yet landlords continue to evade accountability, leaving mold, pests, lead paint, unclean water, and innumerable other issues unaddressed. On top of habitability concerns, the past several decades of gentrification have displaced hundreds of thousands of Black and brown residents from their communities. To address these issues, legal reforms have focused on either housing-market regulation or individual rights devoid of effective enforcement mechanisms. These reforms fall short. Tenant power, not just tenant-focused housing reform, should be a concern of policymakers and legal scholars. This Note focuses specifically on rent strikes as an important organizing strategy that the law can and should better support. Legislation supporting rent strikes has the potential to offer tenants powerful tools as they organize for their communities and secure access to quality and affordable housing. This Note proposes a cluster of four legislative proposals that reflect tenants’ ongoing organizing strategies and, if enacted, would enhance tenants’ autonomy in their private bargaining with landlords.
一个多世纪以来,美国各城市的低收入租户一直在抗议和组织起来,反对不公平的住房条件。然而,房东继续逃避责任,留下霉菌、害虫、含铅油漆、不洁净的水和无数其他未解决的问题。除了可居住性问题之外,过去几十年的中产阶级化已经使成千上万的黑人和棕色人种居民离开了他们的社区。为了解决这些问题,法律改革的重点要么是住房市场监管,要么是缺乏有效执行机制的个人权利。这些改革是不够的。政策制定者和法律学者应该关注租户权力,而不仅仅是以租户为中心的住房改革。本说明特别侧重于租金罢工作为一种重要的组织策略,法律可以而且应该更好地支持它。支持房租罢工的立法有可能为租户提供强大的工具,帮助他们为社区组织起来,并确保获得高质量和负担得起的住房。本报告提出了一组四项立法建议,这些建议反映了租客正在进行的组织策略,如果通过,将增强租客与房东私下讨价还价的自主权。
{"title":"Rent Strikes and Tenant Power: Supporting Rent Strikes in Residential Landlord-Tenant Law","authors":"Samantha Gowing","doi":"10.36644/mlr.120.5.rent","DOIUrl":"https://doi.org/10.36644/mlr.120.5.rent","url":null,"abstract":"For more than a century, low-income tenants across cities in the United States have protested and organized together against unjust housing conditions. Yet landlords continue to evade accountability, leaving mold, pests, lead paint, unclean water, and innumerable other issues unaddressed. On top of habitability concerns, the past several decades of gentrification have displaced hundreds of thousands of Black and brown residents from their communities. To address these issues, legal reforms have focused on either housing-market regulation or individual rights devoid of effective enforcement mechanisms. These reforms fall short. Tenant power, not just tenant-focused housing reform, should be a concern of policymakers and legal scholars. This Note focuses specifically on rent strikes as an important organizing strategy that the law can and should better support. Legislation supporting rent strikes has the potential to offer tenants powerful tools as they organize for their communities and secure access to quality and affordable housing. This Note proposes a cluster of four legislative proposals that reflect tenants’ ongoing organizing strategies and, if enacted, would enhance tenants’ autonomy in their private bargaining with landlords.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507611","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Ranked-Choice Voting as Reprieve from the Court-Ordered Map 排序选择投票作为法院命令地图的缓刑
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/mlr.119.8.ranked
Benjamin R. Lempert
Thus far, legal debates about the rise of ranked-choice voting have centered on whether legislatures can lawfully adopt the practice. This Note turns attention to the courts and the question of remedies. It proposes that courts impose ranked-choice voting as a redistricting remedy. Ranked-choice voting allows courts to cure redistricting violations without also requiring that they draw copious numbers of districts, a process the Supreme Court has described as a “political thicket.” By keeping courts away from the fact-specific, often arbitrary judgments involved in redistricting, ranked-choice voting makes for the redistricting remedy that best protects the integrity of the judicial role.
到目前为止,关于排名选择投票兴起的法律辩论集中在立法机构是否可以合法地采用这种做法。本说明将注意力转向法院和补救办法问题。它建议法院将排序选择投票作为重新划分选区的补救措施。排序选择投票允许法院在不要求他们划定大量选区的情况下纠正违反重新划分选区的行为,最高法院将这一过程描述为“政治丛林”。通过使法院远离涉及重划选区的具体事实,往往是武断的判决,排序选择投票使重划选区的补救措施最能保护司法职能的完整性。
{"title":"Ranked-Choice Voting as Reprieve from the Court-Ordered Map","authors":"Benjamin R. Lempert","doi":"10.36644/mlr.119.8.ranked","DOIUrl":"https://doi.org/10.36644/mlr.119.8.ranked","url":null,"abstract":"Thus far, legal debates about the rise of ranked-choice voting have centered on whether legislatures can lawfully adopt the practice. This Note turns attention to the courts and the question of remedies. It proposes that courts impose ranked-choice voting as a redistricting remedy. Ranked-choice voting allows courts to cure redistricting violations without also requiring that they draw copious numbers of districts, a process the Supreme Court has described as a “political thicket.” By keeping courts away from the fact-specific, often arbitrary judgments involved in redistricting, ranked-choice voting makes for the redistricting remedy that best protects the integrity of the judicial role.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69683092","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Municipal Reparations: Considerations and Constitutionality 市政赔偿:考虑和合宪性
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/mlr.120.2.municipal
Brooke Simone
Demands for racial justice are resounding, and in turn, various localities have considered issuing reparations to Black residents. Municipalities may be effective venues in the struggle for reparations, but they face a variety of questions when crafting legislation. This Note walks through key considerations using proposed and enacted reparations plans as examples. It then presents a hypothetical city resolution addressing Philadelphia’s discriminatory police practices. Next, it turns to a constitutional analysis of reparations policies under current Fourteenth Amendment jurisprudence, discussing both race-neutral and race-conscious plans. This Note argues that an antisubordination understanding of the Equal Protection Clause would better allow political branches to rectify vestiges of past discrimination and ongoing inequities through reparations plans such as the hypothetical Philadelphia City Council resolution. With these suggestions in mind, municipalities must boldly imagine and extend reparations to marginalized groups that have suffered harms. Similarly, the Court must reimagine its constitutional doctrine.
要求种族公正的呼声高涨,各地纷纷考虑向黑人居民发放赔款。市政当局可能是争取赔偿的有效场所,但在制定立法时,他们面临着各种各样的问题。本说明以提出的和颁布的赔偿计划为例,阐述了关键的考虑因素。然后,它提出了一个假设的城市决议,解决费城的歧视性警察做法。接下来,它转向对现行第十四修正案判例下的赔偿政策的宪法分析,讨论种族中立和种族意识计划。本说明认为,对平等保护条款的反从属理解将更好地允许政治部门通过赔偿计划纠正过去歧视的痕迹和正在进行的不平等,例如假设的费城市议会决议。考虑到这些建议,市政当局必须大胆设想并向遭受损害的边缘群体提供赔偿。同样,最高法院必须重新构想其宪法原则。
{"title":"Municipal Reparations: Considerations and Constitutionality","authors":"Brooke Simone","doi":"10.36644/mlr.120.2.municipal","DOIUrl":"https://doi.org/10.36644/mlr.120.2.municipal","url":null,"abstract":"Demands for racial justice are resounding, and in turn, various localities have considered issuing reparations to Black residents. Municipalities may be effective venues in the struggle for reparations, but they face a variety of questions when crafting legislation. This Note walks through key considerations using proposed and enacted reparations plans as examples. It then presents a hypothetical city resolution addressing Philadelphia’s discriminatory police practices. Next, it turns to a constitutional analysis of reparations policies under current Fourteenth Amendment jurisprudence, discussing both race-neutral and race-conscious plans. This Note argues that an antisubordination understanding of the Equal Protection Clause would better allow political branches to rectify vestiges of past discrimination and ongoing inequities through reparations plans such as the hypothetical Philadelphia City Council resolution. With these suggestions in mind, municipalities must boldly imagine and extend reparations to marginalized groups that have suffered harms. Similarly, the Court must reimagine its constitutional doctrine.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69682937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Racial Revisionism 种族修正主义
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/mlr.119.6.racial
Shaun Ossei-Owusu
A Review of The Enigma of Clarence Thomas. by Corey Robin.
《克拉伦斯·托马斯之谜》述评科里·罗宾著。
{"title":"Racial Revisionism","authors":"Shaun Ossei-Owusu","doi":"10.36644/mlr.119.6.racial","DOIUrl":"https://doi.org/10.36644/mlr.119.6.racial","url":null,"abstract":"A Review of The Enigma of Clarence Thomas. by Corey Robin.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69682694","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Restorative Federal Criminal Procedure 恢复性联邦刑事诉讼
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/MLR.119.6.RESTORATIVE
Leo T. Sorokin, J. Stein
A Review of Until We Reckon: Violence, Mass Incarceration, and a Road to Repair. by Danielle Sered.
回顾《直到我们考虑:暴力、大规模监禁和一条修复之路》。作者:Danielle Sered
{"title":"Restorative Federal Criminal Procedure","authors":"Leo T. Sorokin, J. Stein","doi":"10.36644/MLR.119.6.RESTORATIVE","DOIUrl":"https://doi.org/10.36644/MLR.119.6.RESTORATIVE","url":null,"abstract":"A Review of Until We Reckon: Violence, Mass Incarceration, and a Road to Repair. by Danielle Sered.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69682749","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
On Time, (In)equality, and Death 论时间、平等和死亡
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/mlr.120.2.time
Fred O. Smith, Jr.
In recent years, American institutions have inadvertently encountered the bodies of former slaves with increasing frequency. Pledges of respect are common features of these discoveries, accompanied by cultural debates about what “respect” means. Often embedded in these debates is an intuition that there is something special about respecting the dead bodies, burial sites, and images of victims of mass, systemic horrors. This Article employs legal doctrine, philosophical insights, and American history to both interrogate and anchor this intuition. Law can inform these debates because we regularly turn to legal settings to resolve disputes about the dead. Yet the passage of time, systemic dehumanization, and changing egalitarian norms all complicate efforts to apply traditional legal considerations to disputes about victims of subordination. While, for example, courts usually consult decedents’ expressed intentions to resolve disputes, how do we divine the wishes of people who died centuries ago, under a legal system designed to negate and dishonor their intentions? How do we honor relationships like kinship for people who were routinely and forcibly separated from their kin? And how do we assess the motives or culpability of institutions that, in prior generations, were complicit in profound horrors, but now pledge honor and respect? This Article offers a theory of time and equality to help guide cultural and legal debates about the treatment of dead victims of mass horror. On this account, we can become complicit in past, systemic subordination by dishonoring the memories of victims. Systemic neglect and exploitation of a group’s bodies and images can diminish the role of that group in shaping our national memory. And if it is wrong to deny a person the ability to leave a legacy on account of race under contemporary egalitarian norms, then we ought not engage in posthumous acts against the enslaved and other systemically debased persons that perpetually rob them of such a legacy.
近年来,美国的机构越来越频繁地在无意中发现前奴隶的尸体。尊重的誓言是这些发现的共同特征,伴随着关于“尊重”含义的文化辩论。在这些争论中,往往隐含着一种直觉,即尊重死者的尸体、埋葬地点和大规模系统性恐怖事件中受害者的形象是有特殊意义的。本文运用法律理论、哲学见解和美国历史来质疑和巩固这种直觉。法律可以为这些辩论提供信息,因为我们经常求助于法律环境来解决有关死者的纠纷。然而,随着时间的推移,系统性的非人化,以及不断变化的平等主义规范,都使将传统的法律考虑应用于关于从属受害者的纠纷的努力复杂化。例如,虽然法院通常会参考死者表达的意愿来解决纠纷,但在一个旨在否定和侮辱死者意愿的法律体系下,我们如何理解几个世纪前去世的人的意愿呢?我们如何尊重那些经常被迫与亲人分离的人的亲属关系?我们又该如何评估这些机构的动机或罪责呢?在前几代人看来,这些机构是造成严重恐怖事件的同谋,但现在它们却保证了荣誉和尊重。本文提供了一个关于时间和平等的理论,以帮助指导关于如何对待大规模恐怖事件中死去的受害者的文化和法律辩论。出于这个原因,我们可以通过羞辱受害者的记忆而成为过去的同谋,系统的从属关系。系统性地忽视和利用一个群体的身体和形象,可能会削弱该群体在塑造我们国家记忆中的作用。如果在当代平等主义的规范下,因为种族原因而剥夺一个人留下遗产的能力是错误的,那么我们就不应该在死后对被奴役的人和其他被系统贬低的人采取行动,永远剥夺他们的遗产。
{"title":"On Time, (In)equality, and Death","authors":"Fred O. Smith, Jr.","doi":"10.36644/mlr.120.2.time","DOIUrl":"https://doi.org/10.36644/mlr.120.2.time","url":null,"abstract":"In recent years, American institutions have inadvertently encountered the bodies of former slaves with increasing frequency. Pledges of respect are common features of these discoveries, accompanied by cultural debates about what “respect” means. Often embedded in these debates is an intuition that there is something special about respecting the dead bodies, burial sites, and images of victims of mass, systemic horrors. This Article employs legal doctrine, philosophical insights, and American history to both interrogate and anchor this intuition. Law can inform these debates because we regularly turn to legal settings to resolve disputes about the dead. Yet the passage of time, systemic dehumanization, and changing egalitarian norms all complicate efforts to apply traditional legal considerations to disputes about victims of subordination. While, for example, courts usually consult decedents’ expressed intentions to resolve disputes, how do we divine the wishes of people who died centuries ago, under a legal system designed to negate and dishonor their intentions? How do we honor relationships like kinship for people who were routinely and forcibly separated from their kin? And how do we assess the motives or culpability of institutions that, in prior generations, were complicit in profound horrors, but now pledge honor and respect? This Article offers a theory of time and equality to help guide cultural and legal debates about the treatment of dead victims of mass horror. On this account, we can become complicit in past, systemic subordination by dishonoring the memories of victims. Systemic neglect and exploitation of a group’s bodies and images can diminish the role of that group in shaping our national memory. And if it is wrong to deny a person the ability to leave a legacy on account of race under contemporary egalitarian norms, then we ought not engage in posthumous acts against the enslaved and other systemically debased persons that perpetually rob them of such a legacy.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69682992","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Affirmative Inaction: A Quantitative Analysis of Progress Toward “Critical Mass” in U.S. Legal Education 平权不作为:美国法律教育走向“临界质量”的定量分析
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/MLR.119.5.AFFIRMATIVE
Loren Lee
Since 1978, the Supreme Court has recognized diversity as a compelling government interest to uphold the use of affirmative action in higher education. Yet the constitutionality of the practice has been challenged many times. In Grutter v. Bollinger, for example, the Court denied its use in perpetuity and suggested a twenty-five-year time limit for its application in law school admissions. Almost two decades have passed, so where do we stand? This Note’s quantitative analysis of the matriculation of and degrees awarded to Black and Latinx students at twenty-nine accredited law schools across the United States illuminates a stark lack of progress toward critical mass since Grutter and reveals the continued need for affirmative action in law school admissions.
自1978年以来,最高法院认定多元化是政府维护高等教育平权法案的重要利益。然而,这种做法的合宪性已多次受到质疑。例如,在Grutter v. Bollinger案中,最高法院否决了该条款的永久使用,并建议在法学院招生中使用该条款的期限为25年。快二十年过去了,我们的进展如何?本文对美国29所经认证的法学院的黑人和拉丁裔学生的入学和学位授予情况进行了定量分析,揭示了自格鲁特事件以来,在达到临界质量方面明显缺乏进展,并揭示了在法学院招生中继续采取平权行动的必要性。
{"title":"Affirmative Inaction: A Quantitative Analysis of Progress Toward “Critical Mass” in U.S. Legal Education","authors":"Loren Lee","doi":"10.36644/MLR.119.5.AFFIRMATIVE","DOIUrl":"https://doi.org/10.36644/MLR.119.5.AFFIRMATIVE","url":null,"abstract":"Since 1978, the Supreme Court has recognized diversity as a compelling government interest to uphold the use of affirmative action in higher education. Yet the constitutionality of the practice has been challenged many times. In Grutter v. Bollinger, for example, the Court denied its use in perpetuity and suggested a twenty-five-year time limit for its application in law school admissions. Almost two decades have passed, so where do we stand? This Note’s quantitative analysis of the matriculation of and degrees awarded to Black and Latinx students at twenty-nine accredited law schools across the United States illuminates a stark lack of progress toward critical mass since Grutter and reveals the continued need for affirmative action in law school admissions.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69681842","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Reviving Antitrust Enforcement in the Airline Industry 重振航空业的反垄断执法
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/mlr.120.2.reviving
John W. Edelman
The Department of Transportation (DOT) has broad but oft overlooked power to address antitrust issues among airlines through section 411 of the Federal Aviation Act. However, the DOT’s unwillingness to enforce antitrust more aggressively may be translating into higher fares and fees for airline travelers. More aggressive antitrust enforcement is urgently needed. Recent research has revealed a widespread practice of common ownership in the airline industry, whereby investment firms own large portions of rival airline companies. Although this practice leads to higher prices and reduced competition, antitrust regulators, from the DOT to the Department of Justice and the Federal Trade Commission, have declined to take action. This Note argues that the DOT has the clear legal authority—and the responsibility—under section 411 to address common ownership among airlines by promulgating a rule that limits investors’ ability to own large shares of multiple airlines. DOT regulation in this area could pave the way for more muscular antitrust regulation among industry-specific agencies.
根据《联邦航空法》(Federal Aviation Act)第411条,美国交通部(DOT)在解决航空公司之间的反垄断问题上拥有广泛但经常被忽视的权力。然而,运输部不愿意更积极地执行反垄断,这可能会导致航空旅客的票价和费用上涨。迫切需要更积极的反垄断执法。最近的研究表明,航空业普遍存在共同所有权的做法,即投资公司拥有竞争对手航空公司的大部分股份。尽管这种做法导致价格上涨和竞争减少,但从交通部到司法部和联邦贸易委员会的反垄断监管机构都拒绝采取行动。本文认为,根据第411条,交通部有明确的法律权力和责任,通过颁布一项限制投资者拥有多家航空公司大量股份的规则来解决航空公司之间的共同所有权问题。交通部在这一领域的规定可能会为特定行业机构之间更有力的反垄断监管铺平道路。
{"title":"Reviving Antitrust Enforcement in the Airline Industry","authors":"John W. Edelman","doi":"10.36644/mlr.120.2.reviving","DOIUrl":"https://doi.org/10.36644/mlr.120.2.reviving","url":null,"abstract":"The Department of Transportation (DOT) has broad but oft overlooked power to address antitrust issues among airlines through section 411 of the Federal Aviation Act. However, the DOT’s unwillingness to enforce antitrust more aggressively may be translating into higher fares and fees for airline travelers. More aggressive antitrust enforcement is urgently needed. Recent research has revealed a widespread practice of common ownership in the airline industry, whereby investment firms own large portions of rival airline companies. Although this practice leads to higher prices and reduced competition, antitrust regulators, from the DOT to the Department of Justice and the Federal Trade Commission, have declined to take action. This Note argues that the DOT has the clear legal authority—and the responsibility—under section 411 to address common ownership among airlines by promulgating a rule that limits investors’ ability to own large shares of multiple airlines. DOT regulation in this area could pave the way for more muscular antitrust regulation among industry-specific agencies.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69682978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Do ESG Funds Deliver on Their Promises? ESG基金兑现承诺了吗?
IF 2.7 2区 社会学 Q2 Social Sciences Pub Date : 2021-01-01 DOI: 10.36644/mlr.120.3.esg
Quinn D. Curtis, Jill E. Fisch, Adriana Z. Robertson
Corporations have received growing criticism for contributing to climate change, perpetuating racial and gender inequality, and failing to address other pressing social issues. In response to these concerns, shareholders are increasingly focusing on environmental, social, and corporate governance (ESG) criteria in selecting investments, and asset managers are responding by offering a growing number of ESG mutual funds. The flow of assets into ESG is one of the most dramatic trends in asset management. But are these funds giving investors what they promise? This question has attracted the attention of regulators, with the Department of Labor and the Securities and Exchange Commission (SEC) both taking steps to rein in ESG funds. The change in administration has created an opportunity to rethink these steps, but the rapid growth and evolution of the market mean regulators are acting without a clear picture of ESG investing. We fill this gap by offering the most complete empirical overview of ESG mutual funds to date. Combining comprehensive data on mutual funds with proprietary data from the several of the most significant ESG ratings firms, we provide a unique picture of the current ESG environment with an eye to informing regulatory policy. We evaluate a number of criticisms of ESG funds made by academics and policymakers and find them lacking. We find that ESG funds offer their investors increased ESG exposure. They also vote their shares differently from non-ESG funds and are more supportive of ESG principles. Our analysis shows that they do so without increasing costs or reducing returns. We conclude that ESG funds generally offer investors a differentiated and competitive investment product that is consistent with their labeling. In short, we see no reason to single out ESG funds for special regulation.
企业因助长气候变化、延续种族和性别不平等以及未能解决其他紧迫的社会问题而受到越来越多的批评。为了应对这些担忧,股东在选择投资时越来越关注环境、社会和公司治理(ESG)标准,资产管理公司也通过提供越来越多的ESG共同基金来应对。资产流入ESG是资产管理领域最引人注目的趋势之一。但这些基金兑现了他们的承诺吗?这个问题引起了监管机构的注意,美国劳工部(Department of Labor)和美国证券交易委员会(SEC)都在采取措施控制ESG基金。行政管理的变化创造了一个重新思考这些措施的机会,但市场的快速增长和演变意味着,监管机构在对ESG投资没有清晰认识的情况下采取行动。我们通过提供迄今为止最完整的ESG共同基金的实证概述来填补这一空白。我们将共同基金的综合数据与几家最重要的ESG评级公司的专有数据相结合,提供了当前ESG环境的独特图景,旨在为监管政策提供信息。我们评估了学者和政策制定者对ESG基金的一些批评,发现它们存在不足。我们发现,ESG基金为投资者提供了更多的ESG敞口。他们对股票的投票方式也不同于非ESG基金,并且更支持ESG原则。我们的分析表明,他们这样做不会增加成本或降低回报。我们的结论是,ESG基金通常为投资者提供与其标签一致的差异化和竞争性投资产品。简而言之,我们认为没有理由对ESG基金进行特别监管。
{"title":"Do ESG Funds Deliver on Their Promises?","authors":"Quinn D. Curtis, Jill E. Fisch, Adriana Z. Robertson","doi":"10.36644/mlr.120.3.esg","DOIUrl":"https://doi.org/10.36644/mlr.120.3.esg","url":null,"abstract":"Corporations have received growing criticism for contributing to climate change, perpetuating racial and gender inequality, and failing to address other pressing social issues. In response to these concerns, shareholders are increasingly focusing on environmental, social, and corporate governance (ESG) criteria in selecting investments, and asset managers are responding by offering a growing number of ESG mutual funds. The flow of assets into ESG is one of the most dramatic trends in asset management. But are these funds giving investors what they promise? This question has attracted the attention of regulators, with the Department of Labor and the Securities and Exchange Commission (SEC) both taking steps to rein in ESG funds. The change in administration has created an opportunity to rethink these steps, but the rapid growth and evolution of the market mean regulators are acting without a clear picture of ESG investing. We fill this gap by offering the most complete empirical overview of ESG mutual funds to date. Combining comprehensive data on mutual funds with proprietary data from the several of the most significant ESG ratings firms, we provide a unique picture of the current ESG environment with an eye to informing regulatory policy. We evaluate a number of criticisms of ESG funds made by academics and policymakers and find them lacking. We find that ESG funds offer their investors increased ESG exposure. They also vote their shares differently from non-ESG funds and are more supportive of ESG principles. Our analysis shows that they do so without increasing costs or reducing returns. We conclude that ESG funds generally offer investors a differentiated and competitive investment product that is consistent with their labeling. In short, we see no reason to single out ESG funds for special regulation.","PeriodicalId":47790,"journal":{"name":"Michigan Law Review","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69683044","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
期刊
Michigan Law Review
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1