US to Bar its Citizens from Travel to North Korea: What Comes Next?
Today North Korea, tomorrow– who knows? US ban on travel by its citizens to North Korea revives a problematic Cold War practice.
Read more...Category Archives: Legal
A Memo From MMT’s Legal Department
MMT has long recognized that law in fact constitutes and shapes modern economies and the monetary regimes that underpin them.
Read more...Barriers to Entry: On Bar Exams and Supreme Court Seats
California to lower passing score for its state bar to increase; Judge Posner suggests Supreme Court seats should be open to non-lawyers.
Read more...Feds Concede Can’t Search Cloud Data at Border for US Citizens
Feds can’t search cloud data at the border for US citizens, but they can seize your devices; others must comply with requests to gain entry.
Read more...Government’s Brexit Repeal Bill ‘Power Grab’ Threatens UK Environment Regulations
Brexit will require massive, rushed conforming changes to UK environmental law. Transparency will suffer, with dodgy backroom deals likely.
Read more...Don Quijones: People Not Amused by EU Efforts to “De-Cash” their Lives
EU survey results show respondents overwhelmingly oppose proposals to impose an EU-wide cash ceiling that would throttle use of cash.
Read more...Visa Trying to Bribe Merchants to Stop Taking Cash
The latest chapter in the War on Cash.
Read more...Monetary Sovereigns, Monetary Subjects: Modern Money & The Criminal Legal System
On the connection between money, and in particular monetary sovereignity, and the criminal justice system.
Read more...Bill Black: The CFPB Arbitration Rule is Pro (Honest) Businesses
The CFPB takes a modest but important step to rein in fraud against consumers, which has banks hoppin’ mad.
Read more...More Brexit Backpedaling, UK May Relent on ECJ Red Line for “Transition Period”
Yet more Brexit bad news just before Theresa May is set to present her Great Repeal Bill.
Read more...Doubling Down on Deregulation: SEC Extends JOBS Act Benefit in Elusive Quest to Goose IPO Market
SEC extends JOBS Act nonpublic IPO filing to all companies– despite evidence that relaxing securities law doesn’t help raise capital.
Read more...Bumbling Kentucky Retirement Systems Threatens Naked Capitalism With Half-Cocked Nastygram That Will Only Alienate Private Equity Fund Managers
Kentucky Retirement Systems huffs and puffs at Naked Capitalism.
Read more...18 States Sue Betsy DeVos to Reinstate Rules Protecting Students from Predatory Private Colleges
More pushback against Betty DeVos’ support for educational profiteering.
Read more...Brexit Starts to Go Pear Shaped from UK Side as Businesses Freak Out
British businessmen are starting to wake up to what Brexit really means for them, but their proposed fixes are yet more wishful thinking.
Read more...Mandatory Arbitration Clauses: What’s Next?
What will CFPB head Richard Cordray do about mandatory arbitration clauses. Some Dems mull action– even without majority to change policy.
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