Roger LeRoy Miller

Gold, Money and the Law Roger LeRoy Miller 1st edition

Marc Notes: Papers and discussions originally presented at the 1974 inaugural conference of the Center for Studies in Law and Economics, University of Miami School of Law.; Includes bibliographical references and index.; Originally published: Chicago: Aldine Pub. Co., 1975. Publisher Marketing: 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. Review Citations:

Reference and Research Bk News 02/01/2008 pg. 187 (EAN 9780202361581, Paperback)

Contributor Bio:  Miller, Roger LeRoy Roger LeRoy Miller has served on the faculty of several universities, including the University of Washington, Clemson University, and the University of Miami School of Law, where he taught intellectual property law, entertainment law, and other subjects. Widely published, his work has appeared in the INSURANCE COUNSEL JOURNAL, DEFENSE RESEARCH, CALIFORNIA TRIAL LAWYERS JOURNAL, ANTITRUST BULLETIN, WISCONSIN LAW REVIEW, and CONNECTICUT LAW REVIEW. He has authored or co-authored numerous textbooks, including BUSINESS LAW: TEXT & CASES: LEGAL, ETHICAL, GLOBAL, AND CORPORATE ENVIRONMENT; THE LEGAL ENVIRONMENT: TEXT & CASES: ETHICAL, REGULATORY, GLOBAL, AND CORPORATE ISSUES; BUSINESS LAW TODAY; and THE LEGAL ENVIRONMENT TODAY. He completed his studies at the University of California at Berkeley and University of Chicago.