Live from the Springs Contracts Conference I: Don’t Mess with Val Ricks

We are under way in San Diego.  Eniola has done an amazing job putting it all together; she has welcomed us, and we are now in the first panel.

I hope to be able to say something more about the excellent papers by Moshe Gelbard and Charles Calleros.  But Val Ricks clearly stole the show with his impassioned defense of the doctrine of consideration.  Learned contracts scholars from around the globe threw him questions, and his answer never changed.

Doctrine of assent?

Covered by the doctrine of consideration.

Affirmative defenses?

Best explained by the doctrine of consideration.

Will Romeny win the nomination?

Only if he properly appreciates the doctrine of consideration!

What is the meaning of life?

Since at least the 16th century, life has been nothing more than an elaboration of the doctrine of consideration.

[JT]