If you have spent time browsing our website or blogs, you have likely already discovered that the University of Chicago Law School faculty and students have great enthusiasm and passion for sharing and discussing ideas. As we mentioned in our post earlier this week, some of Chicago's best ideas are shared at lunch time and our Student Bloggers have been weighing in on our Faculty Blog. Recently, one of our students discussed Professor Lior Strahilevitz's paper on the abandonment of property:
Towards a General Theory of Making it Rain
Abandonment of property is arguably bigger than ever. To give a few examples, craigslist and freecycle.org have become popular venues for giving away property for nothing other than the hassle of picking it up. Many jurisdictions have established laws and procedures allowing abandonment of children without prosecution, most controversially in Nebraska, where recent abandonment of teenage children has caused controversy. In some segments of pop culture, the practice of "making it rain," or throwing cash to a waiting crowd with predictably chaotic results, has become popular - either as a means of signaling wealth or simply providing entertainment. What, if anything, does law have to say about these and similar practices? How could it do a better job in dealing with them?
To read more on this topic or to see other ideas that our faculty and students have been discussing, click on the link below to visit our Faculty Blog...