Law and Economics Commons^™

The Abc's Of Clayton 7: Amendment Of 1950, Brown Shoe, The Court And Current Complexities, Various Editors

Villanova Law Review (1956 - )

No abstract provided.

A View From Labor, Theodore J. St. Antoine, N. Goldfinger

Book Chapters

It will come as no surprise that our attitude, as union spokesmen, toward further extension of the antitrust laws over the activities of American labor organizations is much like the attitude of Calvin Coolidge's minister toward sin: we're against it. We feel our attitude is justified. But in contributing to a volume graced by so distinguished a company of scholars, it may be best that we do not confine ourselves merely to developing our own case in support of a conclusion which some might accuse us of having harbored all along.

We therefore shall take two different approaches. First, we …

Unitization Of Oil And Gas Reservoirs: A Reply To Professor Merrill, George W. Hazlett

Michigan Law Review

In "Compulsory Oil and Gas Unitization," Professor Maurice H. Merrill launched an attack on unitization of oil and gas reservoirs in the form of a sharply critical review of the decision by the United States Court of Appeals for the Seventh Circuit in favor of the defendant in Peter Fox Brewing Co. v. Sohio Petroleum Co. Terming his review the "hypothetical judgment" of a mythical court of justice, Professor Merrill stated that, if the questions involved were determined improperly, "the effect of the precedent, if we allow it to go unexamined, may be most unfortunate." On the other hand, …

Integration And Economic Development, Robert Birmingham

Faculty Articles and Papers

No abstract provided.

Integration And Economic Development, Robert L. Birmingham

Articles by Maurer Faculty

In this paper I shall attempt to evaluate the potential impact of economic association among underdeveloped countries. Attention is centered on gain achievable by participating states as a group: world welfare alteration appears devoid of normative implication to the national decision maker, while questions of internal distribution of union benefit are too complex for summary treatment. Conclusions of amalgamation efficacy rest jointly on abstract analysis and deduction from empirical economic parameters; discussion of trade and development theory is extended beyond that logically necessary for argument coherence to provide a brief introduction to relevant recent thought.

Election, Operation And Termination Of A Subchapter S Corporation, Ronald R. Hrusoff

Villanova Law Review (1956 - )

No abstract provided.

Crane's Basis: A Reappraisal Of The Crane Decision And Its Effect On The Concept Of Basis, Kenneth L. Gross

Villanova Law Review (1956 - )

No abstract provided.

The Economic Treatment Of Automobile Injuries, Alfred F. Conard

Michigan Law Review

The automobile has changed more than Americans' ways of transportation. It has changed their ways of housing, of working and playing, of eating, living, and loving. It has also added to their ways of suffering and dying.

The suffering and dying have called forth two kinds of treatment. The better recognized kind is medical treatment, which staves off death and minimizes pain and disability among the living. The less recognized kind of treatment is economic-the restoration to the injury victim or to his dependents of some part of the economic wellbeing that has been snatched away from them by loss …

Latin-American Land Reform: The Uses Of Confiscation, Kenneth L. Karst

Michigan Law Review

This article examines the legislative techniques for taking land, showing their confiscatory operation. For many lawyers, the analysis would then be easily completed: confiscation is wrongful and must be condemned. Rejecting the implicit absolutism of that conclusion, this article inquires into the justifications that can be pleaded on behalf of selective confiscation as an aid in solving some of Latin America's economic and social ills.

Non-Tariff Import Restrictions: Remedies Available In United States Law, Craig Mathews

Michigan Law Review

Since World War II, a fundamental objective of the foreign policy of the United States has been to strengthen political and economic relationships among free-world nations. An integral element of this policy has been the expansion of international trade on mutually beneficial terms. The legal and practical problems of reducing or eliminating restrictions on the international movement of commodities have therefore assumed a major importance.

International commodity transactions have traditionally been subject to a wide range of such restrictions. In the case of imports, the most familiar barriers are tariffs and formal quotas or embargoes imposed by national governments. In …

The Extraterritorial Effect Of Foreign Exchange Control Laws, F. David Trickey

Michigan Law Review

Article VIII section 2(b) of the International Monetary Fund Articles of Agreement makes "exchange contracts" which are contrary to approved foreign exchange regulations of members "unenforceable" and provides that member nations may further agree upon measures to enforce each other's foreign exchange laws. The recent New York Court of Appeals decision in Banco do Brasil, S.A. v. A. C. Israel Commodity Co. illustrates the serious shortcomings of IMF provisions for enforcing foreign exchange controls. The case also suggests that general conflict of laws rules can be used to effectuate the policies underlying exchange control laws.

The Effectiveness Of Economic Regulation: A Legal View, Roger C. Cramton

Cornell Law Faculty Publications

No abstract provided.

Berle: The American Economic Republic, Henry G. Manne

Michigan Law Review

A Review of The American Economic Republic. By Adolf A. Berle

Economic Problems Of Fraud Law, Robert A. Leflar

Cleveland State Law Review

Whether fraud has changed or not, the economic society in which it occurs has changed, and ethical standards which prevailed a millennium or even a generation ago will not maintain the vaunted efficiency of today's complex commercial and industrial organization.

Latin American Tax Systems, Philip E. Heckerling

Kentucky Law Journal

No abstract provided.

The Regulation Of Specialty Policies In Life Insurance, Spencer L. Kimball, Jon S. Hanson

Michigan Law Review

Every entrepreneur is vitally concerned with selling methods. Success depends upon sales. Sales depend upon desire for the product. Desire for most products, including life insurance, is not inherent but is created by the efforts of the entrepreneur. In the case of life insurance, an effective job of creating the desire, i.e., of selling, is usually necessary to convince a prospective insurance buyer that over a long period he should allocate a significant portion of his income to the purchase of an intangible such as life insurance.

The Great Price Conspiracy, By John Herling, William H. Andrews

Indiana Law Journal

No abstract provided.

Foreign Investment Protection: A Reasoned Approach, Earl Snyder

Michigan Law Review

The main purpose in protecting private foreign investment is to encourage capital to move to newly developing nations in spite of serious, existing non-business risks. These risks are (1) the political risk (outright and "creeping" expropriation), (2) the transfer risk ( currency controls and inconvertibility of funds), and (3) the calamity risk (insurrection, revolution, war, etc.). But why encourage this? Why should an affluent, powerful nation seek, in effect, to transport overseas some of its affluence and power? Why--in the case of the United States-should encouragement be given to that which may, according to some, tend to tip still more …

La Integración Económica En América Latina, Roland T. Ely

Mario Diaz Cruz Pamphlets

Reproducción del "Financial Analysts Journal," de Nueva York, de Julio-Agosto 1962.

The Antidumping Act: Its Administration And Place In American Trade Policy, James A. Kohn

Michigan Law Review

It has now been forty years since the present Antidumping Act was passed. During that period certain administrative interpretations and procedures have developed. This discussion will not attempt a general exposition of the act, but rather will examine key terms which are not defined by the act itself, the administrative decisions interpreting these terms, and the soundness of these decisions when tested against the purposes of the act. In analyzing these decisions, not only the factors that influenced the original passage of the act must be considered, but also the events which have occurred since the passage of the act …

The Economics Of A Divorce: A Pilot Empirical Study At The Trial Court Level, Dan Hopson Jr.

Articles by Maurer Faculty

No abstract provided.

British Antitrust In Action, Michael Conant

Michigan Law Review

The Restrictive Trade Practices Act of 1956 was the first positive anti-monopoly statute in the United Kingdom since the Statute of Monopolies in 1623. Now that the statute has been in effect four years there are sufficient decisions and consent orders to make possible a report on its operation. Since most American readers are unfamiliar with the legal and economic background of the Restrictive Trade Practices Act, the prior common law in this area and the 1948 monopolies investigation statute will be summarized first. This summary is followed by an analysis of the structure of the 1956 Act, of the …

Stein And Nicholson: American Enterprises In The European Common Market: A Legal Profile, Volume 1, James N. Hyde

Michigan Law Review

A Review of American Enterprises in the European Common Market: A Legal Profile, Volume 1. Edited by Eric Stein and Thomas L. Nicholson.

Stein & Nicholson: American Enterprise In The European Common Market: A Legal Profile. Vol. Ii, Sigmund Timberg

Michigan Law Review

A Review of American Enterprise in the European Common Market: A Legal Profile. Vol. II. Volume Two. Edited by Eric Stein and Thomas L. Nicholson.

An International Code To Protect Private Investment -- Proposals And Perspectives, A. A. Fatouros

Articles by Maurer Faculty

No abstract provided.

Diversification Of Ownership In The Regulated Industries – The Folklore Of Regulation, Roger C. Cramton

Cornell Law Faculty Publications

No abstract provided.

International Control Of The Safety Of Nuclear-Powered Merchant Ships, William H. Berman, Lee M. Hydeman

Michigan Law Review

In recent years we have witnessed the transition of nuclear-powered ships from an imaginative dream to an engineering reality. This vast step from the drawing board to successful operation on the high-seas has taken place in a remarkably short span of time. Nevertheless, in the :flush of enthusiasm over the technological achievement, we must not lose sight of the fact that the promise of nuclear power for the propulsion of ships will not have been fulfilled until nuclear vessels are operating safely and economically over the maritime trade routes of the world. It would be unrealistic to assume that further …

Forming A Subsidiary In The European Common Market, Alfred F. Conard

Michigan Law Review

The appearance of a new market which is open to free enterprise and contains almost as many customers as the United States has opened immense opportunities to American enterprises, with their unique experience in mass production and mass marketing. General counsel for large American enterprises are confronted with a new need for some understanding of the problems of organizing subsidiary companies in this new market. The present article is written to supply an introduction to the legal factors which bear on solutions of these problems.

Antitrust Law - Suggested Resale Price Policy - Limitations Of Use Of The Colgate Doctrine, Stanley Zax

Michigan Law Review

The United States Government brought a civil action charging that Parke, Davis & Co., a large pharmaceutical manufacturer, violated sections 1 and 3 of the Sherman Act by combining and conspiring with wholesalers and/or retailers to maintain the resale price of its products. Parke Davis, in marketing its products through both wholesale and retail channels of distribution, announced in its catalogues a suggested policy of resale prices at the wholesale and retail levels. In an effort to promote adherence to this policy, Parke Davis representatives visited wholesalers and retailers separately in non-fair trade areas. The wholesalers were informed that Parke …

Economic Integration: Theoretical Assumptions And Consequences Of European Integration, By Rolf F. Sannwald, And Jaques Stohler, Arthur Schweitzer

Indiana Law Journal

No abstract provided.