The Global Law in Finance Network is a group of academics, doctoral students, and practitioners seeking to rethink the relation between law and finance. The Network takes as its point of departure the “Legal Theory of Finance” (LTF) – an inductive theory derived from real world analysis and case studies with four key components:

(1) financial markets are rule-bound systems;

(2) finance is essentially hybrid between state and markets, public and private;

(3) law and finance stand in an ambiguous, even paradoxical relation to one another where law is indispensable to markets but can also hasten their demise;

(4) law is not equally rigid but is relatively more elastic at the apex than on the periphery of the financial system, and where law is elastic power becomes salient.

LTF is new and has been sketched out only in its basic contours. The purpose of this blog is to advance the theory by discussing its features, proposing research topics and/or strategies, and sharing insights, papers, research projects and information about related projects, events, and literatures.

The blog is open by invitation and accessible only to those who have signed up.

It features a bio site with information about key Blog participants; a discussion forum where participants can discuss specific aspects of LTF, new insights as well as new questions about the theory or any of its subcomponents; a working paper site where they can upload working papers they wish to share with the network; and an literature site where they can post information about work by others, conferences, newspaper clips, or any other material that might be of interest to the group.