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Volume 78
1999-2000
Issue Number 4
Article:
Henry
T.C. Hu, Faith and Magic:
Investor Beliefs and Government Neutrality, 78 TEXAS
L. REV. 777 (2000).
Abstract:
Hu
responds to the unease about a possible bubble in U.S. stocks
has been growing worldwide and addresses the question of what,
if anything, the government should do.
Hu
suggests that irrespective of whether a bubble exists, market
primacy points in a different, counterintuitive direction:
government must take, rather than refrain from taking,
steps directly related to this investor enthusiasm.
Hu outlines some innovative possible steps which should
have an impact without being so drastic as to themselves
precipitate disaster.
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