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Economics

1993

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Institution
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Articles 1 - 22 of 22

Full-Text Articles in Law

Law And Economics, Michael J. Trebilcock Oct 1993

Law And Economics, Michael J. Trebilcock

Dalhousie Law Journal

Prior to 1960, most North American law schools paid attention only to anti-trust, public utility regulation, and perhaps tax policy from a law and economics perspective (sometimes referred to as the "old" law and economics). However, beginning in the early 1960's with pioneering articles by Guido Calabresi on tort law and Ronald Coase (the 1991 recipient of the Nobel Prize in Economics) on property rights, followed by prolific writings and a comprehensive text by Richard Posner on a vast range of legal issues, the field of law and economics has burgeoned with many lawyers and economists around the world now …


Book Review, Cynthia Dash Sep 1993

Book Review, Cynthia Dash

RISK: Health, Safety & Environment (1990-2002)

Review of: DONALD C. LEE, TOWARD A SOUND WORLD ORDER: A MULTIDIMENSIONAL HIERARCHICAL ETHICAL THEORY. (Greenwood Press 1992). [240 pp.] Bibliography, index, notes, preface. LC: 91-440942; ISBN:0-313-27903-9. [Cloth $42.95. P.O. Box 5007, Westport CT 06881.]


The Human Costs Of Nafta, Melvin Burke Sep 1993

The Human Costs Of Nafta, Melvin Burke

School of Economics Faculty Scholarship

The proposed North American Free Trade Agreement between the United States, Canada, and Mexico is the logical and perhaps inevitable extension of the 1989 Free Trade Agreement between the United States and Canada. Both agreements are controversial, and massive public opposition exists in all three countries—for good reasons, as we shall see. The citizens of these three nations have never been provided with a credible explanation of the need for NAFTA. Contrary to the proclamations of NAFTA's proponents, there are no guarantees that the supposed benefits ofthe free trade agreement will be realized, nor is it clear who will gain …


Mainstream Economics And The Case For Prohibiting Inside Trading, Mark Klock Sep 1993

Mainstream Economics And The Case For Prohibiting Inside Trading, Mark Klock

Georgia State University Law Review

No abstract provided.


Standing Rusty And Rolling Empty: Law, Poverty, And America's Eroding Industrial Base, Fran Ansley Jun 1993

Standing Rusty And Rolling Empty: Law, Poverty, And America's Eroding Industrial Base, Fran Ansley

Scholarly Works

No abstract provided.


Visions Of The Eternal Law Firm: The Future Of Law Firm Screens, Susan R. Martyn May 1993

Visions Of The Eternal Law Firm: The Future Of Law Firm Screens, Susan R. Martyn

South Carolina Law Review

No abstract provided.


The Business Of The Law In The 1990s, Phillip J. Nexon May 1993

The Business Of The Law In The 1990s, Phillip J. Nexon

South Carolina Law Review

No abstract provided.


The Economic Causes And Consequences Of Constitutional Reform In Eastern Europe, Robert C. Juelke May 1993

The Economic Causes And Consequences Of Constitutional Reform In Eastern Europe, Robert C. Juelke

William & Mary Law Review

No abstract provided.


Truth And Consequences: The Force Of Blackmail's Central Case - Draft - 1/11/1993, Wendy J. Gordon Jan 1993

Truth And Consequences: The Force Of Blackmail's Central Case - Draft - 1/11/1993, Wendy J. Gordon

Scholarship Chronologically

Blackmail commentary continues to multiply. The purpose of this paper is to show what we agree on. Its primary tool will be to define what I call the "central case" of the blackmail literature, and to supply the connecting links that will allow us to see how the various theories converge where central-case blackmail is involved. Among other things, I will show how the deontological and consequentialist (economic) approaches converge in condemning central-case blackmail, and I will defend the criminalization of such blackmail.


Economists' Assessments Of The Likely Employment And Wage Effects Of The North American Free Trade Agreement, William E. Spriggs, James Stanford Jan 1993

Economists' Assessments Of The Likely Employment And Wage Effects Of The North American Free Trade Agreement, William E. Spriggs, James Stanford

Hofstra Labor & Employment Law Journal

No abstract provided.


Getting The Political Architecture Right, Richard Cullen, Peter Hanks Jan 1993

Getting The Political Architecture Right, Richard Cullen, Peter Hanks

Osgoode Hall Law Journal

As Australia approaches the twenty-first century, it finds itself, like a number of other Anglo-centred countries in the western world, including Canada, in the grip of continuing economic trauma. There has been a marked relative (and absolute) slip in general economic performance. This paper focuses on the linkages between this phenomenon and Australia's basic political architecture. It argues that, although renovation of Australian federalism is no panacea for these problems, there are linkages between Australia's aged, formal, political structure and its recent economic performance. Lack of attention to the task of serious, systematic renovation is allowing the present outdated political …


Mortgage Prepayment Clauses: An Economic And Legal Analysis, Dale A. Whitman Jan 1993

Mortgage Prepayment Clauses: An Economic And Legal Analysis, Dale A. Whitman

Faculty Publications

Most mortgages on income-producing real estate (as distinct from owner-occupied housing) contain clauses restricting early payment of the loan. These clauses are highly controversial, and borrowers often resist their enforcement. While other writers have discussed prepayment clauses in the recent legal literature, my objectives in this article are to advance this discussion in three respects: first, to provide an economic perspective on mortgage prepayment as support for a set of legal recommendations; second, to consider whether the bankruptcy of the mortgagor should affect enforceability of a prepayment fee clause; and third, to analyze the cumulative effect of the presence in …


Male Sexuality: Why Ownership Is Sexy, John Stoltenberg Jan 1993

Male Sexuality: Why Ownership Is Sexy, John Stoltenberg

Michigan Journal of Gender & Law

What I want to address is what I call the eroticism of owning. We have a lot of circumstantial evidence that this eroticism exists. For instance, based on the testimony of women who are or have been sexually owned in marriage, taken in rape, and/or sexually used for a fee in prostitution, it appears that for many men, possession is a principal part of their sexual behavior. Many men can scarcely discern any erotic feelings that are not associated with owning someone else's body.


The Paradox Of Ideology, Justin Schwartz Jan 1993

The Paradox Of Ideology, Justin Schwartz

Justin Schwartz

A standard problem with the objectivity of social scientific theory in particular is that it is either self-referential, in which case it seems to undermine itself as ideology, or self-excepting, which seem pragmatically self-refuting. Using the example of Marx and his theory of ideology, I show how self-referential theories that include themselves in their scope of explanation can be objective. Ideology may be roughly defined as belief distorted by class interest. I show how Marx thought that natural science was informed by class interest but not therefore necessarily ideology. Capitalists have an interest in understanding the natural world (to a …


Functional Explanation And Metaphysical Individualism, Justin Schwartz Jan 1993

Functional Explanation And Metaphysical Individualism, Justin Schwartz

Justin Schwartz

A number of (present or former) analytical Marxists, such as Jon Elster, have argued that functional explanation has almost no place in the social sciences. (Although the discussion is framed in terms of a debate among analytical Marxists, the point is quite general, and Marxism is used for illustrative purposes.) Functional explanation accounts for what is to be explained by reference to its function; thus, sighted organism have eyes because eyes enable them to see. Elster and other critics of functional explanation argue that this pattern of explanation is inconsistent with "methodological individualism," the idea, as they understand it, that …


Taxing Prometheus: How The Corporate Interest Deduction Discourages Innovation And Risk-Taking, Michael S. Knoll Jan 1993

Taxing Prometheus: How The Corporate Interest Deduction Discourages Innovation And Risk-Taking, Michael S. Knoll

All Faculty Scholarship

This paper uses recent developments in the theory of optimal capital structure to demonstrate how the federal corporate income tax with an interest deduction, but without a corresponding dividend deduction, misallocates capital within the corporate sector by encouraging investment in low-risk, low-growth projects employing tangible assets over high-risk, high-growth projects employing intangible assets.


From A Defense Attorney's Perspective: "There Is No Free Lunch", Michael Crofton Jan 1993

From A Defense Attorney's Perspective: "There Is No Free Lunch", Michael Crofton

Touro Law Review

No abstract provided.


Section 553.84: Remedy Without A Cause?, Byron G. Petersen, Steven S. Goodman Jan 1993

Section 553.84: Remedy Without A Cause?, Byron G. Petersen, Steven S. Goodman

Nova Law Review

Hurricane Andrew, the third most intense hurricane to hit the United States, not only caused widespread destruction in South Florida but quickly spawned litigation against homebuilders premised on allegations of building code violations.


Perchance To Dream: The Global Economy And The American Dream, Michael S. Knoll Jan 1993

Perchance To Dream: The Global Economy And The American Dream, Michael S. Knoll

All Faculty Scholarship

No abstract provided.


Ticket Scalping: An Economic Analysis And Proposed Solution, John D. Tishler Jan 1993

Ticket Scalping: An Economic Analysis And Proposed Solution, John D. Tishler

Santa Clara Law Review

No abstract provided.


On The Margins Of Microeconomics, David G. Carlson Jan 1993

On The Margins Of Microeconomics, David G. Carlson

Articles

No abstract provided.


Book Review, G. Marcus Cole Jan 1993

Book Review, G. Marcus Cole

Journal Articles

G. Marcus Cole provides a thorough review of Towards a Post-Apartheid Future: Political & Economic Relations in Southern Africa by Gavin Maasdorp & Alan Whiteside (New York: St. Martin's Press, 1992).