This casebook provides a means to further the conversation between critical legal scholarship and law and economics. It addresses such issues as what economics can tell us about democracy and the law, what theories of justice can tell us about economic theory and the law, and why no legal language addressing class in the United States exists, and what such a language might look like. It uses the problem of racial and gender injustice as a basis to interrogate both critical theory and economic theory. The Second Edition provides a timely new chapter on the financial collapse, the turmoil in modern macroeconomic theory, and the economic justice claims of borrowers who received predatory loans. The coverage expands to include the following:



Origins of the Subprime Mortgage Crisis
The Racial Wealth Gap and Homeownership
Identity and Wealth
Global Interconnectedness of Financial Institutions and The Paradox of domestic discrimination
What Happened to Economics? The Turmoil in the economics discipline and its failure to predict the housing bubble and collapse
The Inequality Machine: Cashflow Waterfalls and Predatory Loans: Greenwich Financial Services v Countrywide Mortgage
The Contract Claims vs the Economic Justice Claims
Bonuses: Democracy and Contracts: Listening to the Outrage. What is Fair?
City of Baltimore v Wells Fargo
California v Countrywide Mortgage
Resistance and Self-Help
Squatters
Judicial nullification of foreclosure enforcement actions
MERS Litigation- How Electronic Efficiencies in Property Recordation
Failed the Requisites of Property Formality