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Articles 121 - 125 of 125
Full-Text Articles in Law
Derivation Of Positive From Natural Law Revisited, Santiago Legarre
Derivation Of Positive From Natural Law Revisited, Santiago Legarre
Journal Articles
Aquinas's account of the relationship of natural law to positive law has a general theory: every just human law is derived from the law of nature; and two, subordinate theorems: derivation is always either per modum conclusionis or per modum determinationis. I will call them sub-theorems. According to the first sub-theorem "something may be derived from the natural law . . . as a conclusion from premises." For example, "that one must not kill may be derived as a conclusion from the principle that one must do harm to no one." For one reason or another, the theory of derivation …
Coexisting Normative Orders? Yes, But No, John M. Finnis
Coexisting Normative Orders? Yes, But No, John M. Finnis
Journal Articles
There are indeed two normative orders. But not "coexisting" in the sense that French law coexists with English law, and English law with international law, and all of them with canon law. No, the relation between the normative orders is much more intimate than "coexistence" (in the focal sense of that term). The one is a necessary source of the full validity, and strategically important parts, of the other, and is a real but much less straightforward source (by determinatio) of all its other legitimate parts; and is also an ever-present source of legitimate, and in extreme cases delegitimising criticism …
The Federal Reserve As Last Resort, Colleen Baker
The Federal Reserve As Last Resort, Colleen Baker
Journal Articles
The Federal Reserve, the central bank of the United States, is one of the most important and powerful institutions in the world. Surprisingly, legal scholarship hardly pays any attention to the Federal Reserve or to the law structuring and governing its legal authority. This is especially curious given the amount of legal scholarship focused on administrative agencies that do not have anywhere near as critical a domestic and international role as that of the Federal Reserve. At the core of what the Federal Reserve does and should do is to conduct monetary policy so as to safeguard pricing, including that …
Toward Economic Analysis Of The Uniform Probate Code, Daniel B. Kelly
Toward Economic Analysis Of The Uniform Probate Code, Daniel B. Kelly
Journal Articles
Insights from economics and the economic analysis of law may be useful in analyzing succession law, including intestacy and wills as well as nonprobate transfers such as trusts. After surveying prior works that have examined succession from a functional perspective, I explore the possibility of utilizing tools like (i) transaction costs, (ii) the ex ante/ex post distinction, and (iii) rules versus standards, to illuminate the design of the Uniform Probate Code. Specifically, I investigate how these tools, which legal scholars have employed widely in other contexts, may be relevant in understanding events like the nonprobate revolution and issues like “dead …
A Consumer Decision-Making Theory Of Trademark Law, Mark Mckenna
A Consumer Decision-Making Theory Of Trademark Law, Mark Mckenna
Journal Articles
The consumer search costs theory has dominated discussion of trademark law for the last several decades. According to this theory, trademark law aims to increase consumer welfare by reducing the cost of shopping for goods or services, and it accomplishes this goal by preventing uses of a trademark that might confuse consumers about the source of the goods with which the mark is used. This conceptual frame is wrong, and it is complicit in most of trademark law’s extraordinary expansion. “Search costs” is not sufficiently precise; many types of search costs are irrelevant to consumer behavior, and even when search …