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Articles 1 - 5 of 5
Full-Text Articles in Law
The Salary Memo, Robert M. Jarvis
The Salary Memo, Robert M. Jarvis
Robert M. Jarvis
This short essay takes a humorous look at how law school deans decide faculty raises.
The Federal Reserve We Need: It’S The Fed We Once Had, Timothy A. Canova
The Federal Reserve We Need: It’S The Fed We Once Had, Timothy A. Canova
Timothy A. Canova
This article considers the empirical record of the 1942-1951 period of Federal Reserve history when the Fed was more politically accountable and more independent of private financial interests. During the 1940s, federal spending was nearly twice as high as today, and federal borrowing was more than three times higher. Yet, from 1942 to 1951, the Federal Reserve was directed by the White House and Treasury to peg interest rates at 3/8 of one percent on short-term Treasury borrowing and 2.0 to 2.5 percent on long-term borrowing. The U.S. economy grew at a real annual rate of 15 to 20 percent …
"Is It Legal?": An American Law Professor's Tribute To An English Lawyer Tv Sitcom, Robert M. Jarvis
"Is It Legal?": An American Law Professor's Tribute To An English Lawyer Tv Sitcom, Robert M. Jarvis
Robert M. Jarvis
Describes the 1990s English TV sitcom "Is It Legal?" and compares it to the 1990s American TV sitcom "Sparks."
Rethinking Intangible Cultural Heritage And Expressions Of Folklore: A Lesson From The Fcc’S Localism Standards, Jon M. Garon
Rethinking Intangible Cultural Heritage And Expressions Of Folklore: A Lesson From The Fcc’S Localism Standards, Jon M. Garon
Jon M. Garon
This article reviews the underlying societal imperatives reflected in a policy of intangible cultural heritage and the intellectual property-like regimes being developed to protect these interests. It contrasts UNESCO efforts with more narrowly tailored efforts of WIPO and juxtaposes those approaches with the localism model developed under the FCC. While aspects of the WIPO protection efforts focusing on trademark-like and trade secret-like protections benefit the people and cultures these policies hope to serve, additional copyright-like protections will likely do more harm than good. Instead, global public policy will be far better served through emphasis on the FCC's localism attributes of …
Black Swans And Black Elephants In Plain Sight: An Empirical Review Of Central Bank Independence, Timothy A. Canova
Black Swans And Black Elephants In Plain Sight: An Empirical Review Of Central Bank Independence, Timothy A. Canova
Timothy A. Canova
This paper critically reviews the empirical economic literature that seeks to correlate central bank independence with low inflation rates; discusses the relationship between central bank accountability, economic growth, income and wealth distribution, and financial stability; analyzes the contested theoretical views of central bank independence, and considers the constitutional issues raised by delegations of monetary authority to privately-directed central banks in the context of recent transparency and disclosure reforms in the Dodd-Frank Wall Street Reform and Consumer Protection Act. The empirical literature that seeks to correlate central bank independence with lower inflation rates focuses on data prior to the 2008 collapse, …