At the time of publication, this article provided the most in-depth critique of capital account liberalization in any U.S. law journal. The article stemmed from a paper presented by the author to the Seventh Annual Conference of the United States-Mexico Law Institute in Santa Fe, New Mexico on...

This article offers a critique of the deregulation of banking and finance that started with the breakdown of the Bretton Woods regime of fixed exchange rates during the Nixon administration, accelerated with interest rate deregulation during the Carter administration, and was deepened during the...

The New Deal regulatory policies and institutions redesigned the U.S. financial structure and implicitly required the coordination between monetary policy and the regulatory framework; in that financial structure the Federal Reserve provided the reserves. The interest policy implicitly required...