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Banking and Finance Law Commons

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Comparative and Foreign Law

University of Michigan Law School

Michigan Law Review

1937

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Full-Text Articles in Banking and Finance Law

Basic Monetary Conceptions In Law, Arthur Nussbaum Apr 1937

Basic Monetary Conceptions In Law, Arthur Nussbaum

Michigan Law Review

While in various periods of American legal history American courts have been confronted with problems of a monetary character, the importance and multiplicity of these questions have never been more strongly felt than within the last few years, and there is certainly no indication that this situation will change in the near future. The jural difficulties arising from monetary troubles are unusual, not only because of their financial and social implications, but also because of their theoretical intricacies. No wonder, therefore, that arguments advanced by courts in cases of a monetary nature are very often highly unsatisfactory. Again and again, …