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In this Article, I offer a macroeconomic perspective on law that reshapes the microeconomic perspective that currently dominates law and economics. I argue that 1. The economy works one way in ordinary economic conditions, in which supply capacity determines output, and a different way in deep...
Persistent link: https://www.econbiz.de/10012984608
This Article considers the effects of law within a Keynesian macroeconomic model on the economy. Using the IS/LM model at the heart of “short-run” macroeconomics, I argue that law affects spending (“aggregate demand”) and that the changes in spending induced by law can affect output. I...
Persistent link: https://www.econbiz.de/10012967660
Nuclear meltdown in Japan and civil society strife across the Middle East highlight the degree to which resilience is core to international peace and security. This article considers the means by which communities can become increasingly resilient through shared best practices across a range of...
Persistent link: https://www.econbiz.de/10014175504
This paper looks at the history of money and its modern form from a scientific and mathematical point of view. The approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the ideal gas law of thermodynamics is proposed. It may be...
Persistent link: https://www.econbiz.de/10005126382
Persistent link: https://www.econbiz.de/10013066217
This article examines a landmark constitutional law case, Pierce v. Society of Sisters. Pierce is a product of the post World War I era, when nativist sentiments and fears of communism created a culture that was hostile to immigrants and to ideas that were seen as anti-American. Assimilation of...
Persistent link: https://www.econbiz.de/10012776095
The phenomenon of lawyers serving on their clients' boards of directors has been around for many years, as has the debate on its ethical implications. This practice has both a number of advantages and disadvantages, but the advantages outweigh the disadvantages and, regardless, the decision...
Persistent link: https://www.econbiz.de/10012777845
The article discusses the nature of corporate personhood and the propriety of using certain types of evidence to prove corporate misconduct. Under Federal Rule of Evidence 404, the character evidence rule, evidence of a person's bad character generally is not admissible to prove that a person...
Persistent link: https://www.econbiz.de/10012779565
The following article is a presentation on the accountability framework of the United Nations system.The objective of the work leading to the article was to better understand the organizational global changes which may have a bearing on the audit and prevention of anti-fraud, anti-corruption...
Persistent link: https://www.econbiz.de/10012891745
As businesses and other entities have sought to collect more personal data on individuals, the public has pushed back, and lawmakers throughout the United States and elsewhere have responded by passing data protection laws. Recent data protection laws passed by the European Union and by several...
Persistent link: https://www.econbiz.de/10012893073