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Book of the Week

Robert Hockett, Edward Cornell Professor of Law at Cornell Law School has penned an exciting new book offering the rarest commodity in our profession: an insightful new approach to topics we thought we already understood. The book, A Republic of Producers, is due out this January from Yale University Press and is receiving stellar pre-publication reviews. https://yalebooks.co.uk/book/9780300224177/a-republic-of-producers/. The basic idea is that U.S. citizens once placed much of their wealth in land on working farms, which was a productive asset. Now people own homes that are largely a consumption item. Finding ways to permit individuals to own productive assets should be at the top our economic agenda, Hockett argues. Readers wondering why stock ownership doesn’t fit the bill will have to read the book to find out. But since Professor Hockett has a well-deserved reputation as both thoughtful and irreverent, I am certain his ideas are worth encountering. Readers will ultimately decide if they are also worth embracing.


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