Morgan Ricks

I'm pleased to announce the publication of the second edition of Enterprise Organizations: Law, Theory, and Practice, a law school casebook on business organizations. As with last year's first edition, I have aimed to make it modern, accessible, practical, and affordable ($85).

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a.coEnterprise Organizations: Law, Theory, and Practice: Ricks, Morgan: 9798183922509: Amazon.com: BooksEnterprise Organizations: Law, Theory, and Practice [Ricks, Morgan] on Amazon.com. *FREE* shipping on qualifying offers. Enterprise Organizations: Law, Theory, and Practice

Feel free to reach out to me if you're an instructor who wants to learn more. The book is available here: a.co/d/0ct2B231

And the accompanying statutes-and-rules volume is here (/End): a.co/d/04rc239K

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As with the first edition, the book continues to feature:

For instructors, PowerPoint slides (including lecture notes with Socratic Q&A) and sample syllabi are available, and the updated teacher's manual will be released in July.

The first edition was the #1 bestseller in corporate law on Amazon during both of the past year's casebook-buying seasons. I'm grateful for the (enthusiastic) feedback and suggestions I have received from adopters.

The second edition includes:

19 Aug 2025

My new casebook is the bestseller in corporate law on Amazon -->

9 July 2025

I published a new business organizations casebook.

9 July 2025

I have aimed to make it modern, accessible, practical, and affordable. It's priced at $85. A statutes & rules supplement is available for $25. The book includes up-to-date treatment of corporate law, which has changed quite a bit lately.

amazon.comEnterprise Organizations: Law, Theory, and PracticeEnterprise Organizations: Law, Theory, and Practice [Ricks, Morgan] on Amazon.com. *FREE* shipping on qualifying offers. Enterprise Organizations: Law, Theory, and Practice

9 July 2025

Available at fine bookstores everywhere. Actually just Amazon: amazon.com/dp/B0FGQFW18W

Morgan Ricks reposted

David Dayen

@ddayen.bsky.social

14 Apr 2025

Replying to @ddayen.bsky.social

There is no need to be maximalist anti-tariff, which can be a useful tool to allow infant industries to thrive. That's especially true when praising an industrial policy that used tariffs!

prospect.orgPrivate Equity Vultures Descend on Care Facilities for the DisabledA new report chronicles ten years of consolidation.

11 Apr 2025

"We spent the last 30 years coming to a new understanding as a country about what we need to do. And sometimes that means tariffs." -- Buttigieg

Morgan Ricks reposted

jamelle

@jamellebouie.net

9 Apr 2025

me this morning www.nytimes.com/2025/04/09/o...

Aaron Rupar@atrupar.com

Trump: "These countries are calling us up. Kissing my ass."

Morgan Ricks reposted

Benjamin Braun

@benbraun.social

9 Apr 2025

Replying to @benbraun.social

What @jomichell.bsky.social says.

Jo Michell@jomichell.bsky.social

Also: the fact that the trigger is entirely policy-driven doesn’t mean that having a financial system built around huge leveraged systemically important financial institutions, largely outside of regulatory oversight and doing a lot of stuff that is not obviously socially useful, is sensible.

Morgan Ricks reposted

Benjamin Braun

@benbraun.social

9 Apr 2025

Time really is a circle. Leveraged hedge funds make billions; bets blow up; dash for cash; the Fed steps in; repeat. Here's what I wrote four years ago about central banks as guarantors of this unjust and inefficient (some might say: stupid) system. benjaminbraun.org/assets/pubs/...

Morgan Ricks reposted

David Dayen

@ddayen.bsky.social

18 Mar 2025

You may see care for the intellectually and developmentally disabled as a moral imperative. Private equity has been consolidating the field for the last decade because, well, because of money. Dan Boguslaw reports on a new study of PE's lucrative rollup, and the consequences:

21 Jan 2025

. @matt-levine.bsky.social unwittingly making the case for rate regulation in banking.

scholarship.law.columbia.eduRebuilding Banking Law: Banks as Public UtilitiesUnder the New Deal framework for money and payments — which had its roots in the National Bank Act of 1864 — banks in the United States were governed in many respects as public utilities. Charters wer...

21 Jan 2025

Anyway here's how to do it scholarship.law.columbia.edu/faculty_scho...

Interesting

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2/3:

3/3:

Interesting

Austrian business cycle theory (1/3):

17 Jan 2025

.@matt-levine.bsky.social on Eurodollars. The most fundamental question in all of finance is -- and for hundreds of years has been -- "who gets to issue money [dollars in this case] and subject to what constraints."

17 Jan 2025

This should have been the central organizing question during the post-2008 financial reform process, but it wasn't. No real theory of the case.

podcasts.apple.comThe Hidden History of Eurodollars, Part 2: Defending the Dollar SystemPodcast Episode · Odd Lots · 01/15/2025 · 43m

16 Jan 2025

I haven't listened to part 3 yet but you absolutely cannot miss parts 1 and 2 of this podcast. Incredible stuff. podcasts.apple.com/us/podcast/t...

15 Jan 2025

Just arrived, excited to read this. @mkonings.bsky.social

15 Jan 2025

OK, I'm already hooked.

29 Dec 2024

My grandfather's 100th birthday!

17 Dec 2024

Musk's apparent flouting of Exchange Act § 13(d) in 2022 without any legal repercussions tells you a lot about elite impunity in America. (clip from recent @matt-levine.bsky.social newsletter)

boundary2.orgthe gordian knot of finance | special issueThis special issue is hosted by the "Finance and Fiction" dossier of the b2o Review, which is edited by Arne De Boever and Mikkel Krause Frantzen. Volume 6, Issue 1 (December 2024) Special Issue: Th...

Konings's introductory essay here is deep and has given me a lot to think about. I highly recommend it to anyone interested in finance and economic policy. Parts of it relate to what Lev Menand and I have called "the monetary-financial complex."

Martijn Konings@mkonings.bsky.social

boundary2 just published a forum on the gordian knot of finance, where @stefeich.bsky.social, @aminsamman.bsky.social, @thisblue.bsky.social, Janet Roitman, Dick Bryan, and myself reflect on the infuriating hold of finance on economic policy (and how to break it) www.boundary2.org/the-gordian-...

Up next, @stefeich.bsky.social's contribution.

If we're going to be overhauling bank regulatory structure then may I humbly suggest:

t.cohttps://youtube.com/shorts/dFK_u8pDV3Q?si=hgvrU0jyVDMhAok0

It's amazing that the mainstream retail payment system is controlled by a duopoly, basically free from meaningful economic regulation. It would be nice to see some leadership from the Fed in this area. t.co/2qGESBLwBy

12 Dec 2024

I'm looking for readings re: whether changes in US equity market structure from ~1997 to 2005 (order handling rules, regulation ATS, regulation NMS, etc.) contributed to the near-demise of the IPO market -- would be very grateful for any suggestions.

10 Dec 2024

Great event here last month with Jonathan Kanter.

The case for imposing rate regulation on credit card networks / swipe fees is very strong.

nytimes.comAs Cash Fades, Small Retailers Embrace Efforts to Rein In Swipe FeesBusiness owners say card transaction fees are a growing monthly expense, one often passed to consumers. They’re cheering efforts to lower them.

Link to the story: www.nytimes.com/2024/11/30/b...

Actually it began in earnest in the Carter Administration, for what it's worth.

washingtonpost.comOpinion | Democrats don’t have a working-class problem. America does.Extreme income inequality and unchecked corporate power gave rise to FDR’s New Deal — Democrats should be no less ambitious now.

Good piece though: www.washingtonpost.com/opinions/202...

Morgan Ricks reposted

Ganesh Sitaraman

@ganeshsitaraman.bsky.social

28 Nov 2024

Frequent flyer programs have changed — and people are rightly wondering if they are a good deal - but this piece doesn’t spend much time on the lack of transparency and unfair practices that are also in these programs. www.nytimes.com/2024/11/28/b...

nytimes.comAre Airline Loyalty Programs Worth It?Some travelers, frustrated with changing airline rewards programs, have stopped chasing status and adopted different strategies when booking flights and using credit cards.

28 Nov 2024

There's an important question about whether the combination of limited liability and concentrated ownership / high-powered incentives is good for society. It puts a lot of pressure on the guardrails. See e.g. the studies on effects of private equity ownership of nursing homes and hospitals.

nytimes.comOpinion | Meet Wolfgang Streeck, the Maverick German Thinker Explaining Our WorldHe has a convincing theory of what has gone wrong with globalization.

28 Nov 2024

Onto something: www.nytimes.com/2024/11/28/o...

Morgan Ricks reposted

ryan cooper

@ryanlcooper.com

27 Nov 2024

good piece on how all the big platforms are suppressing hyperlinks, of course because they want to keep people corralled for maximum profit www.washingtonpost.com/politics/202...

washingtonpost.comAnalysis | Musk admits X throttles links as ‘news influencers’ take overHard times for the humble hyperlink and those who depend on it.

Morgan Ricks reposted

Carl Quintanilla

@carlquintanilla.bsky.social

26 Nov 2024

* EXCLUSIVE -- WELLS FARGO ASSET CAP LIKELY TO BE LIFTED NEXT YEAR, SOURCES SAY @reuters $WFC

18 Nov 2024

Must read —>

Basil Halperin@basilhalperin.com

This from @zmazlish.bsky.social is THE analysis of wages/income under Biden-Powell jzmazlish.substack.com/p/yes-inflat... TLDR: growth has been... historically weak (this is not normative -- just the numbers)