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Beginning 30 years ago American citizens were allowed to own and exchange gold in any form, something they had not been able to do for the previous 40 years. Restrictions on gold began with a series of actions intended to buttress the collapsing economy of the 1930s, including executive and legislative action forbidding the private ownership of and trading in gold and abrogating "gold clauses" in contracts--obligations payable in gold or in dollars measured by gold. All of these actions were subsequently upheld by the U.S. Supreme Court. They have profound implications for us today. This book provides a full and thoughtful consideration of all these issues, including the economic and legal history of the events of the 1930s, the effects of those events on government and private practices since that time, the economics of gold clauses and other indexing devices, and the anticipated impact of the legalization of gold ownership. It includes chapters by James M. Buchanan and T. Nicolaus Tideman, Milton Friedman, Harry G. Johnson, Ralph K. Winter, and Gerald T. Dunne, as well as discussions by Allan Meltzer, Karl Brunner, Armen Alchian, Lester Chandler, and David Meiselman among others. The diverse points of view represented make this book valuable to a broad spectrum of people concerned with the relationship between legal and economic policy; with the role of money in times of depression or inflation; and with the importance of gold itself in international and domestic economic systems. It will be important to economists concerned with international trade, macroeconomics, monetary economics; legal scholars concerned with problems of constitutional law, international trade, and the theory of contracts; and to that large group of people who are interested in precious metal that has long been central to human affairs.
Beginning 30 years ago American citizens were allowed to own and exchange gold in any form, something they had not been able to do for the previous 40 years. Restrictions on gold began with a series of actions intended to buttress the collapsing economy of the 1930s, including executive and legislative action forbidding the private ownership of and trading in gold and abrogating "gold clauses" in contracts--obligations payable in gold or in dollars measured by gold. All of these actions were subsequently upheld by the U.S. Supreme Court. They have profound implications for us today. This book provides a full and thoughtful consideration of all these issues, including the economic and legal history of the events of the 1930s, the effects of those events on government and private practices since that time, the economics of gold clauses and other indexing devices, and the anticipated impact of the legalization of gold ownership. It includes chapters by James M. Buchanan and T. Nicolaus Tideman, Milton Friedman, Harry G. Johnson, Ralph K. Winter, and Gerald T. Dunne, as well as discussions by Allan Meltzer, Karl Brunner, Armen Alchian, Lester Chandler, and David Meiselman among others. The diverse points of view represented make this book valuable to a broad spectrum of people concerned with the relationship between legal and economic policy; with the role of money in times of depression or inflation; and with the importance of gold itself in international and domestic economic systems. It will be important to economists concerned with international trade, macroeconomics, monetary economics; legal scholars concerned with problems of constitutional law, international trade, and the theory of contracts; and to that large group of people who are interested in precious metal that has long been central to human affairs. "Henry G. Manne" is dean and university professor emeritus at George Mason University. He has published many books and articles and is an Honorary Life Member of the American Law and Economics Association. He is considered an expert in insider trading, legal education, law and economics. "Roger LeRoy Miller" is associated with the Institute for University Studies in Arlington, Texas. Some of his most recent books include "Money, Banking and Financial Markets" (with David D. VanHoose), "Business Law Today: The Essentials" (with Gaylord A. Jentz) and "Economics Today."
For principles of economics and social issues courses. Brief, relevant readings that spark independent thinking and classroom discussions. The Economics of Macro Issues 4e is a collection of brief, relevant readings that spark independent thinking and classroom discussions in Principles of Economics and Social Issues. The text encourages students to apply theoretical discussions to today's important issues and to gain a deeper understanding of current macroeconomic policy concerns. The fourth edition offers provocative new topics, updates to ongoing macroeconomic policy debates, and new discussion questions. A flexible format and built-in correlation guide make this text easy to integrate into a course without adding to the professor's preparation time.
Miller's "Economics Today: The Macro View" remains committed to providing readers with discussion and coverage of the most current issues and events. Given the immense changes in our economy over the past year, the Updated 15th Edition addresses what has occurred and discusses the importance of today's major economic issues.
Readers learn best when they see a concept applied in the context
of examples "they" understand. That is why Economics Today: The
Micro View is so successful when readers hail from a wide variety
of backgrounds. An abundance of relentlessly current, news-worthy
examples motivate every chapter and reflect the interests of
today's diverse reader population.
Designed for anyone considering a career as a paralegal, the 7th edition of PARALEGAL TODAY: THE ESSENTIALS provides you with a comprehensive introduction to the legal system through real-world examples, practical applications, ethical dilemmas, and hands-on assignments. With thorough coverage of the basic, key areas of paralegal studies, this text ensures that you will develop a comprehensive understanding of the laws in our society, the importance of ethical and professional responsibility, and the skills needed to thrive in the legal environment. The text includes increased coverage of technology in the workplace, including critical topics such as confidentiality issues, e-mail policies, technology in the courtroom, and the use of social media in criminal and civil litigation.
With gripping photos, an engaging magazine-like format, and riveting examples straight from today's headlines, CRIMINAL JUSTICE IN ACTION: THE CORE, 6e puts you in the center of real-world CJ action. Providing just the right depth of coverage, this succinct book uses vivid cases and current events to demonstrate the core principles of the American justice system at work. An expanded emphasis on careers illustrates the many opportunities available in the current market.
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