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This article addresses the proposition advanced by academic and press commentators that European corporation law promotes stockholder welfare better than its U.S. counterpart. Those who express that view often point to the stronger rights afforded to stockholders under the laws of the European...
Persistent link: https://www.econbiz.de/10011496242
size of government (relative to GDP) between the U.S. and Canada over a long period, as well as in some aspects of … focus on permanent differences in size. Third, application of a newly constructed Fisher type government deflator for Canada … indicates that real government spending relative to real aggregate income as of 2003 was virtually the same in the two countries …
Persistent link: https://www.econbiz.de/10012731350
Policymakers must do something to slow the growing debt burden or else face a major fiscal meltdown. Proposals such as Medicare for All and the Green New Deal would only make the looming fiscal crisis worse
Persistent link: https://www.econbiz.de/10013248991
Persistent link: https://www.econbiz.de/10012752238
An essential condition for asserting responsibility in public finances is that they are open and transparent. The Public Finance Act mentions ways of applying the principles of openness, and also stipulates the entities obliged to present data and information on public finances. There is,...
Persistent link: https://www.econbiz.de/10011967213
A recent U.S. Court of Appeals decision, Comcast vs. FCC, calls into question the FCC’s authority to implement two of the most important policies of the Obama Administration, and of the Federal Communications Commission under the leadership of Chairman Julius Genachowski: • The...
Persistent link: https://www.econbiz.de/10014192612
The United States Code (Code) is a document containing over 22 million words that represents a large and important source of Federal statutory law. Scholars and policy advocates often discuss the direction and magnitude of changes in various aspects of the Code. However, few have mathematically...
Persistent link: https://www.econbiz.de/10014196709
Some scholars have argued that the Framers of the U.S. Constitution did not have a common set of views on economics, or that the Constitution, except perhaps in isolated clauses, does not reflect any specific economic views. The principal Framers did, in fact, share a basic set of economic...
Persistent link: https://www.econbiz.de/10014160829
The Supreme Court has held that Article II’s vesting of executive power in the President, who must “take Care that the Laws be faithfully executed,” provides the President with the power to remove most principal executive officers at will. The Court has also held that Humphrey’s Executor...
Persistent link: https://www.econbiz.de/10014257154