i think the first to cases, the friedrichs and fisher cases are important. i think the writing is on the wall for friedrichs and the court is lively to overrule abude in this case. the majority of opinions were written on if this should be overruled and the majority said the question wasn't presented and thus inviting the challenge mike brought. having said that, i will have the disclaimer that i thought the same thing when the supreme court granted the fraud on the market validity and everyone thought the court would overrule the case and they didn't. so i make that prediction with some about not total confidence. as to the fisher case it is hard to see how significant the case will be as a practical matter. it does involve a challenge to a very particular aspect of the united states of texas at austin's affirmative action program. it a hybrid program with distinct character isticharacte. i think you should watch for the court saying anything about the degree of the definition of interest in diversity and whether the court or the institution doesn't get muc

and fisher cases are probably the most significant cases on the docketo as to friedrichs, since miker mott going to offer a prediction, i will. i do think that the writing is on the wall and that the court is very likely to overrule abude in this case, in a case just a couple terms ago, justices kagan and alito wrote the opinions one whether abud should be overruled and alito said the reason the court was not overruling abud vg was because it had not been decided, having said that, i will add the disclaimer that i s thought exactly the same thing when the supreme court granted review to consider the validity of fraud on the market ought presumption a few years ago andd everyone thought the court was o going to overrule the case, adopting that presumption for securities fraud cases and yet the court didn't.ence. so i make that prediction with some, but not total, confidence. as to the fisher case, you knowb it's hard to say how significant that case is going to be as a practical matter. precisely because it does unit involve a challenge to a very particular aspect of the university of

products they will produce, where they will sell the of is all determined by another and that it for friedrich hayek to use money as an information system and my book is a new information theory of money" and i came to this theory that is contrary to all previous analysis of the gold standard because previous people thought it is as good as many as in jewelry that my friend told me know. jewelry is my people and people cherished it because it is money. and money is separate from of the economy their roots value of money is time. i sort of came up with the idea but not fully because the inventor of the new digital currency bitcoin could ultimately become the important world currency, a bitcoin is exclusively based 20 about the impact of technology. so the computer power doubles 18 months over two years. so he was sorry if he made the bitcoin dependent and responsive to economic activity in the computer industry, it would not be a stable measuring stick but a function of the ingenuity of computer scientist. so he nullifies the advance of technology to make bitcoin explicitly based on the time it

it involves the friedrichs case involving the issue of public sector workers and whether they will be able to continue to unite and organize and provide incredibly important services for our community. it is on our website. it 17 minutes. i hope people will look at it. instructs guide that people about the details of the case. ,ts goal is to do two things one, let people know just how important unions are in this country today and how we are all benefited from them, and two, go vote. host: on the series premier, we take a look at the real story behind the famous marbury versus madison case, delving into the heated political battles between outgoing president john adams, the new president, thomas jefferson, and the newly appointed president -- justice john marshall. >> john marshall established the court as the interpreter of the constitution in his famous decision. -- andury and medicine madison is the most important court case ever decided. and author of the great decision, lives of sloan, landmark cases, exploring 12 historic supreme court rulings by revealing the life and times of

it involves the friedrichs case involving the issue of public sector workers and whether they will bee to continue to unite and organize and provide incredibly important services for our community. it is on our website. it 17 minutes. i hope people will look at it. instructs guide that people about the details of the case. ,ts goal is to do two things one, let people know just how important unions are in this country today and how we are all benefited from them, and two, go vote. i want to thank you both for your time to morning on the "washington journal." that is it for this segment of the washington journal. we will be back to open up phones for viewer questions. when that has been brought up this morning, would you be in favor for term limits for supreme court justices? the phone numbers are there on your screen. we will be right back. ♪ >> tonight on the communicators, chip pickering, ceo of content discusses broadband issues and other topics. as a legacy telephone company transitions from coffer -- copper and something called tdm, an old technology, circuit-switched, to new netw