Lidsky on Defamation Reform

Lyrissa Barnett Lidsky has posted to SSRN Cheap Speech and the Gordian Knot of Defamation Reform.  The abstract provides:

Dean John Wade, who replaced the great torts scholar William Prosser on the Restatement (Second) of Torts, put the finishing touches on the defamation sections in 1977. Apple Computer had been founded a year before, and Microsoft two, but relatively few people owned computers yet. The 24-hour news cycle was not yet a thing, and most Americans still trusted the press.