Auden, Elizabeth Hardwick, Mary McCarthy, Norman Mailer, Gore Vidal and Robert Penn Warren, pointed towards what was to come: a continuous stream of essays, usually discussing a book or books, and usually written by someone recognised as a writer, scholar or thinker of distinction.
But a new study by two law professors offers an additional, surprising explanation: A change in the way the bankruptcy courts report statistics may have led analysts to mistakenly believe that bankruptcy was no longer a key escape hatch for entrepreneurs, conclude Elizabeth Warren of Harvard University and Robert Lawless of the University of Nevada.