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Professor Mehrsa Baradaran Published in The New York Times

March 5, 2014

The Notre Dame Law Review is excited to draw attention to a recently featured editorial in The New York Times by Mehrsa Baradaran, Associate Professor at the University of Georgia School of Law and author of Banking and the Social Contract, published in Volume 89, Issue 3.

Professor Baradaran’s op-ed, “The Post Office Banks on the Poor,” highlights the dearth of banks in rural areas and draws attention to the United States Postal Service as a potential alternative resource to traditional banking in those areas.  This piece complements her forthcoming publication in Issue 3, which describes the social contract in the context of banking.  In relation to the USPS providing financial services, and in response to criticisms of government involvement in banking, Professor Baradaran identifies the implicit social contract already underlying the relationship between the federal government and big banks, noting that “[t]he state supports and insures the banking system, and in return, banks are to provide the general population with access to credit, loans, and savings.”

Read Professor Baradaran’s editorial in The New York Times here, and look for her Article in Issue 3.