Nexus: Chapman's Journal of Law and Public Policy

ARE WE MOVING IN THE RIGHT DIRECTION?

Recent news has shown that our economy is going in the right direction. While our economy has been taking a plunge for the worst since the Great Depression, it seems as though the overall percentage in jobs have steadily gone back up and our labor market has stabilized. We have ...

GROWTH IN THE ECONOMY

The U.S. economy is out of its year-long recession. This was confirmed after better-than-expected figures were released from the U.S. Commerce Department showing that the economy grew at a rate of 5.7% in the last quarter. Economists had been forecasting a 4.7% growth. The last three ...

WHY AMERICA NEEDS A RECESSION

After the great depression of the late 1930's, Americans learned a hard lesson. Thrift, fiscal responsibility, and savings replaced the rampant speculation and frivolous spending of the roaring twenties. It was also in large part due to the massive deficit spending of the second world war that helped to ...

THE GREAT RESET (THE GREAT DEPRESSION SEQUEL)

The debt blanket is smothering the federal government, small businesses and many households. How do we know when we reach the upper limits on borrowing? When we can't make the monthly payments on the debt.

Personal bankruptcies will hit 1.4 million families in 2009, small businesses are declining ...

HARD TO INCREASE THE ECONOMY WHEN NO ONE HAS A JOB

As we all know the economy has been suffering these past few years, and although many efforts have been made to bring us out of this recession, all efforts have failed. This failure can be shown mainly from the fact that unemployment rates continue to increase. For example, in California ...

THE RISE AND FALL OF ARTIFICIAL WEALTH

Below is a Great article by Dr. Michael Intiligator, a presenter for the forthcoming Nexus Symposium.
The article can be found HERE The projections presented in this paper estimate that the GDP of $14.26T achieved in 2008 will not be achieved again until 2013 on an inflation-adjusted basis and ...

EVERY RECESSION HAS ITS SILVER LINING

As the great Monty Python has said, “always look on the bright side of life.” While Americans in the current economy have focused their energies on the negative aspects of the recession, there is something to be said about maintaining an optimistic outlook and finding the positive facets in a ...

DECISIONS, DECISIONS

Decisions brought on this recession; will decisions get us out?

Bailout, layoff, unemployment rate, vacancy rate, bad loans, default, foreclosure, unlawful detainer, repossession, bankruptcy, loan modification—these are all words we hear far too often.

The recession, which began in December 2007, shifted into high gear in late 2008. The ...

GREAT DEPRESSION 2.0: A CONTRIVED COMPARISON OF ACADEMIA OR A USEFUL HISTORICAL COMPARISON?

How close has the current recession come to becoming “The Great Depression 2.0?” If one accepts the premise that “depression” is a term of art used to describe a paralyzing fear of the unknown so severe that consumers, businesses, and investors panic to cause normal self-correcting mechanisms (like lower ...

IS THE RECESSION OVER?

On September 15, Federal Reserve Chairman Ben Bernanke said that the recession was “very likely over,” although this rebound would not produce many jobs. Since the crash of the financial markets, unemployment has consistently been double digits. Currently, it is reported that the unemployment rate is 15.6%. Even so ...

QUESTIONS

It has been 80 years since the United States endured the Great Crash of 1929. Although we would like to say that the market got better and that the economy is at a better place- the truth is chilling. The United States is currently undergoing the worst economic crisis of ...