The governments of Japan and Great Britain--whether in an attempt to lure Muslim investors or impress Muslim voters--have announced plans to issue sukuk, which behave like bonds but conform to Islamic law.
He said there was "always the risk of rogue individuals who behave very badly - they must be dealt with through the criminal law as has been seen with the Winterbourne View staff".
Mr. Sunstein, a prolific academic with wide-ranging interests, may be best known for advancing a field known as "law and behavioral economics" that seeks to shape law and policy around the way research shows people actually behave.