Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Debt ceiling (2)
- 14th Amendment (1)
- Africa (1)
- Article Five (1)
- Bonds (1)
-
- Commercial speech (1)
- Congressional-executive agreement (1)
- Constitutional rights (1)
- Development (1)
- Economic development (1)
- Economic emergency (1)
- Economic globalization (1)
- Economic rights (1)
- Federal budget (1)
- Freedom of speech (1)
- IEEPA (1)
- International Emergency Economic Powers Act (1)
- Internationalization of government (1)
- NAFTA (1)
- Political rights (1)
- Private law (1)
- Public interest (1)
- Public law (1)
- Rule of law (1)
- Spending cuts (1)
- States of emergency (1)
- Treasury bonds (1)
- USA PATRIOT ACT (1)
- Unconventional constitutional change (1)
- WTO (1)
Articles 1 - 6 of 6
Full-Text Articles in Law and Economics
Nullifying The Debt Ceiling Threat Once And For All: Why The President Should Embrace The Least Unconstitutional Option, Neil H. Buchanan, Michael C. Dorf
Nullifying The Debt Ceiling Threat Once And For All: Why The President Should Embrace The Least Unconstitutional Option, Neil H. Buchanan, Michael C. Dorf
Cornell Law Faculty Publications
In August 2011, Congress and the President narrowly averted economic and political catastrophe, agreeing at the last possible moment to authorize a series of increases in the national debt ceiling. This respite, unfortunately, was merely temporary. The amounts of the increases in the debt ceiling that Congress authorized in 2011 were only sufficient to accommodate the additional borrowing that would be necessary through the end of 2012. In an economy that continued to show chronic weakness -- weakness that continues to this day -- the federal government would predictably continue to collect lower-than-normal tax revenues and to make higher-than-normal expenditures, …
How To Choose The Least Unconstitutional Option: Lessons For The President (And Others) From The Debt Ceiling Standoff, Neil H. Buchanan, Michael C. Dorf
How To Choose The Least Unconstitutional Option: Lessons For The President (And Others) From The Debt Ceiling Standoff, Neil H. Buchanan, Michael C. Dorf
Cornell Law Faculty Publications
The federal statute known as the “debt ceiling” limits total borrowing by the United States. Congress has repeatedly raised the ceiling to authorize necessary borrowing, but a political standoff in 2011 nearly made it impossible to borrow funds to meet obligations that Congress had affirmed earlier that very year. Some commentators urged President Obama to ignore the debt ceiling, while others responded that such borrowing would violate the separation of powers and therefore that the president should refuse to spend appropriated funds.
This Article analyzes the choice the president nearly faced in summer 2011, and which he or a successor …
Economic Emergency And The Rule Of Law, Bernadette Meyler
Economic Emergency And The Rule Of Law, Bernadette Meyler
Cornell Law Faculty Publications
Academic work extolling the merits of the "rule of law" both domestically and internationally abounds today, yet the meanings of the phrase itself seem to proliferate. Two of the most prominent contexts in which rule of law rhetoric appears are those of economic development and states of emergency. In the area of private law, dissemination of the rule of law across the globe and, in particular, among emerging market countries is often deemed a prerequisite for enhancing economic development, partly because it ensures that foreign investments will not be summarily expropriated and that contractual rights will not be frustrated by …
Constitution-Making In Africa: Assessing Both The Process And The Content, Muna Ndulo
Constitution-Making In Africa: Assessing Both The Process And The Content, Muna Ndulo
Cornell Law Faculty Publications
No abstract provided.
Constitutional Change And International Government, Chantal Thomas
Constitutional Change And International Government, Chantal Thomas
Cornell Law Faculty Publications
No abstract provided.
The First Amendment And Economic Regulation: Away From A General Theory Of The First Amendment, Steven H. Shiffrin
The First Amendment And Economic Regulation: Away From A General Theory Of The First Amendment, Steven H. Shiffrin
Cornell Law Faculty Publications