This Special Issue of the Journal of Law Reform explores the relationship between law and a troubled United States economy. Persistent inflation, declining productivity, plant closings in basic industries, and a host of other economic ills have forced the legal system to respond in at least two fundamental ways. First, the law has been called upon to solve economic crises. Wage-price controls and aggressive antitrust enforcement present two examples of this more activist role. Secondly, the law has had to adapt to a fluctuating economic landscape. In areas such as antitrust, pension, and bankruptcy law, courts and legislatures have had to renovate old doctrines to fit new situations.
Journal of Law Reform,
U. Mich. J. L. Reform
Available at: https://repository.law.umich.edu/mjlr/vol14/iss2/2