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Full-Text Articles in Law

The Inherent Instability Of The Financial System, Kim De Glossop Sep 2012

The Inherent Instability Of The Financial System, Kim De Glossop

The Journal of Business, Entrepreneurship & the Law

The article explores one of the causes of the financial crisis of 2008 and of financial crises generally. The argument of the paper is that rather than tend toward equilibrium, financial and asset markets have a tendency to become unstable after prolonged periods of stability. The main driver of this process is the expansion of credit. Debt feeds its way into higher asset prices which in turn justify the accumulation of more debt to purchase further assets, and so on. The basis for the idea is Hyman Minsky's Financial Instability Hypothesis, itself a reinterpretation of The General Theory of Employment, …


The Need For A Self-Sustaining Mobile Legal Clinic In Widespread Urban Centers, Eshan Zaffar Jan 2012

The Need For A Self-Sustaining Mobile Legal Clinic In Widespread Urban Centers, Eshan Zaffar

The Journal of Business, Entrepreneurship & the Law

No abstract provided.


A New Form Of Business Entity Is Needed To Promote Social Entrepreneurship: The Not-For-Loss Corporation, Jay Milbrandt Jan 2012

A New Form Of Business Entity Is Needed To Promote Social Entrepreneurship: The Not-For-Loss Corporation, Jay Milbrandt

The Journal of Business, Entrepreneurship & the Law

No abstract provided.


"Revolution Through Social Enterprise" At The Graziadio Executive Center At Pepperdine University, Roger P. Alford Jan 2012

"Revolution Through Social Enterprise" At The Graziadio Executive Center At Pepperdine University, Roger P. Alford

The Journal of Business, Entrepreneurship & the Law

No abstract provided.