Last week, a federal judge on the Southern District of New York sided with the U.S. Department of Labor in allowing a class-action suit to proceed on the theory that unpaid internships can violate the Fair Labor Standards Act. (That judge, Bill Pauley, was a good friend and classmate of mine in law school, but nevertheless I think he blew it.) Cato’s Andrew Coulson has a sharp comment on the ruling here, observing that it’s now legal to pay much and learn nothing (as is the case with many college students) but not legal to learn much for free (as is often the case with internships).