2023 Fall
LEGALST 142 001 - LEC 001
Monetary Law & Regulation
Bruno Meyerhof Salama
Class #:26983
Units:4
Instruction Mode:
In-Person Instruction
Offered through
Letters & Science Legal Studies
Current Enrollment
Total Open Seats:
2
Enrolled: 58
Waitlisted: 0
Capacity: 60
Waitlist Max: 20
Open Reserved Seats:
7 reserved for Students with 3 or more Terms in Attendance
2 reserved for Legal Studies Majors
Hours & Workload
3 hours of instructor presentation of course materials, 1 hours of the exchange of opinions or questions on course material, and 8 hours of outside work hours.
Other classes by Bruno Meyerhof Salama
Course Catalog Description
This course surveys the history of US monetary law from its inception to the coming about of cryptocurrencies. We begin with a discussion of monetary affairs in colonial times and during the American Revolutionary War. We then examine the framework established at the Constitutional Convention. We cover the 19th century and New Deal Supreme Court cases that shaped US monetary law as we know it today. Finally we discusses contemporary legal dilemmas such as the regulation of bitcoin and stablecoins, the creation of central bank digital currencies, the workarounds of the US debt ceiling and the debate over the spectrum of the Fed’s legal authority. We conclude by revisiting some classic questions concerning the nature and functions of money.
Rules & Requirements
Credit Restrictions
Students will receive no credit for LEGALST 142 after completing LEGALST 142. A deficient grade in LEGALST 142 may be removed by taking LEGALST 142.
Repeat Rules
Course is not repeatable for credit.
Reserved Seats
Current Enrollment
Open Reserved Seats:
Textbooks & Materials
See class syllabus or https://calstudentstore.berkeley.edu/textbooks for the most current information.
Guide to Open, Free, & Affordable Course Materials