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program exploits the sloth <strong>of</strong> government <strong>of</strong>ficials to<br />

increase the tax burden on workers and drag down the<br />

quality <strong>of</strong> care for seniors. Medicare makes Democr<strong>at</strong>s lust<br />

for socialized medicine, while its imperviousness to reform<br />

makes Republicans angrier and angrier. Most <strong>of</strong> all,<br />

Medicare allows its ideological supporters to ble<strong>at</strong> and<br />

preen their way to the heights <strong>of</strong> moral vanity.<br />

In the style <strong>of</strong> C.S. Lewis' The Screwtape Letters, Hyman<br />

writes th<strong>at</strong> Medicare has “freed the self-interest <strong>of</strong> these<br />

mortals from its n<strong>at</strong>ural restraints. As a result, the seven<br />

deadly sins have blossomed.”<br />

With epic political b<strong>at</strong>tles over Medicare and the future<br />

<strong>of</strong> limited government looming just over the horizon,<br />

Hyman uses s<strong>at</strong>ire to cast a critical eye on this mediocre<br />

government program.<br />

Richard Kaplan<br />

M<strong>at</strong>erials on Family Wealth<br />

Management with seven coauthors,<br />

Thomson/West published<br />

in August 2005<br />

The process <strong>of</strong> accumul<strong>at</strong>ing, managing<br />

and transmitting wealth raises<br />

issues <strong>of</strong> central importance for individuals<br />

and families. Faced with an ever-expanding array<br />

<strong>of</strong> financial instruments and investment choices, most people<br />

<strong>of</strong> modest or substantial means recognize the desirability,<br />

indeed the necessity, <strong>of</strong> achieving a basic level <strong>of</strong> financial<br />

literacy. Often, however, th<strong>at</strong> need goes unmet<br />

throughout college and gradu<strong>at</strong>e school; far too many students<br />

emerge from years <strong>of</strong> higher educ<strong>at</strong>ion with little<br />

understanding <strong>of</strong> the financial facts <strong>of</strong> life. This volume<br />

aims to help students become familiar with fundamental<br />

principles and practices <strong>of</strong> personal finance and wealth<br />

management, so th<strong>at</strong> they can make intelligent and<br />

responsible decisions for themselves and exercise sound<br />

judgment in advising or assisting others. Pr<strong>of</strong>essor Kaplan<br />

wrote Chapter 9: Elder <strong>Law</strong> in this textbook.<br />

Elder <strong>Law</strong> in a Nutshell, with <strong>Law</strong>rence A. Frolik<br />

Thomson/West 4th edition scheduled for<br />

October/November 2005.<br />

This reliable source provides expert narr<strong>at</strong>ion on the<br />

FEATURES<br />

scope and diversity <strong>of</strong> elder law. The text addresses ethical<br />

consider<strong>at</strong>ions and health care decision-making issues.<br />

Discusses Medicare, Medigap, Medicaid, and long-term<br />

care insurance. Looks into living arrangements, guardianship,<br />

and benefits-Social Security, supplemental security<br />

income, veterans benefits, and pension plans. Also<br />

explores age discrimin<strong>at</strong>ion in employment, elder abuse,<br />

and neglect.<br />

Jay Kesan<br />

Intellectual Property in Business<br />

Organiz<strong>at</strong>ions: Cases and<br />

M<strong>at</strong>erials, with Richard S.<br />

Gruner and Shubha Ghosh<br />

(LexisNexis, 2006)<br />

This casebook focuses on the legal<br />

problems <strong>of</strong> businesses th<strong>at</strong> develop<br />

and utilize intellectual property as the businesses are<br />

founded, financed, expanded, transferred to others, or termin<strong>at</strong>ed.<br />

The text also addresses the distinctive roles<br />

played by intellectual property <strong>at</strong> three stages <strong>of</strong> business<br />

development: The startup phase (where intellectual property<br />

<strong>of</strong>ten plays key roles in business form<strong>at</strong>ion and venture<br />

capital financing); The mid-life phase (where intellectual<br />

property is <strong>of</strong>ten an important factor in going public<br />

or selling a business through a merger into a larger concern);<br />

and The m<strong>at</strong>ure company phase (where successful<br />

firms must deal with problems such as preventing abuses<br />

<strong>of</strong> dominant intellectual property positions and remaining<br />

competitive in complex high-tech markets despite being<br />

innov<strong>at</strong>ors in only small components <strong>of</strong> those markets).<br />

Intellectual Property in Business Organiz<strong>at</strong>ions is<br />

designed for law students in advanced classes concerning<br />

intellectual property, basic and advanced business organiz<strong>at</strong>ions<br />

topics as encountered in connection with intellectual<br />

property, and the law <strong>of</strong> science and technology. This<br />

text would also be valuable in courses on technology<br />

transfer and licensing, as well as in intellectual property<br />

survey courses. It is also suitable for business school students<br />

in classes with a substantial focus on legal problems<br />

<strong>of</strong> developing businesses. A strong background in intellectual<br />

property law is not assumed. R<strong>at</strong>her, background<br />

m<strong>at</strong>erial on important intellectual property standards is<br />

provided in an appendix to the text. In addition, detailed<br />

notes on particular intellectual property laws and legal<br />

21

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