The Guilded Age

From The Guilded Age (a.k.a. The End of the American Lawyer's Guilded Age), my contribution to the The Online Library of Law and Liberty:

In our time, the free movement of labor, capital, and information has created a global economy that moves by the gigahertz. In this economic milieu, education is worth what its purchaser can earn with it. . . . Legal education is what enables students to earn a living in life, and nothing more pretentious.

My commentary appears alongside two responses:

• Walter Olson, The Self-Sustaining Guild: American Lawyers Will Still Own the Future


• Brian Tamanaha, Legal Education at the Intersection of Two Guilds