We are pleased to announce the next installment of the Conglomerate Book Club ...

Last year we inaugurated the Conglomerate Book Club with a discussion of In the Shadow of Law, a novel by Kermit ("Kim") Roosevelt of the University of Pennsylvania School of Law. Since that debut, we have been searching for just the right opportunity to stage another session. We have found that opportunity in Larry Mitchell's new book, The Speculation Economy. Many of our readers will know Larry. who is the Theodore Rinehart Professor of Business Law at the George Washington University Law School, and is widely recognized for his work on issues of "progressive corporate law."

The Speculation Economy addresses this question: "When did the stock market become the driver of the American economy?" As you might infer from the question, we need to explore of bit of American business history to discover an answer, so we have enlisted Greg Mark and Steve Bank to comment on the book. Glommers Lisa Fairfax, Fred Tung, and I will also offer some brief thoughts.

All of this will happen on December 10. Each of the reviewers will write a brief review of the book, about the length of a typical blog post. And we will post those reviews on the blog. Larry will respond to the reviews, and then we will carry on the discussion in the comments. Please make some time in your schedule to read the book and join us for the discussion.

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