The Yale Law Journal

Jonathan Macey


Their Bark Is Bigger Than Their Bite: An Essay on Who Bleeds When the Wolves Bite

Jonathan Macey

Delaware Chief Justice Leo Strine is of the view that America is in terrible shape. Specifically, he identifies deep problems in the fabric of American society, which include “growing income inequality, inflated executive pay, job losses, [and] wage stagnation.” Having noted these problems, Strine l…


Executive Branch Usurpation of Power: Corporations and Capital Markets

Jonathan Macey

115 Yale L.J. 2416 (2006)

Agencies in the executive branch are better situated than other political institutions to take advantage of opportunities to expand their power base by responding quickly and decisively to real or imagined crises. The executive has structural advantages over the other branch…