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Dean Canova’s research crosses the disciplines of law, public finance, economics, and history. Since the 1980s he has written critically about the deregulation of banking and finance from an institutional law and Keynesian economics perspective. As a legislative aide to the late U.S. Senator Paul Tsongas, he published a critique of the bailout of Continental Illinois National Bank & Trust and the “Too Big to Fail Doctrine” and anticipated the collapse of the savings & loan industry. In the 1990s, prior to the Asian currency contagion, he argued against the liberalization of capital accounts and warned of an impending crisis in the bubble economy. In 1996 he argued in the New York Times and elsewhere against the reappointment of Alan Greenspan as Chairman of the Federal Reserve Board and soon warned of the growing housing bubble and threat of deflation. Canova continues to advocate for well regulated financial markets, accountability and the rule of law in central banking, a return to Greatest Generation principles of functional finance, and the use of advanced information technologies to make regulation more effective and the global financial architecture more transparent. Canova practiced law in New York City with Gibson, Dunn & Crutcher. He has taught previously at the University of Miami School of Law, the University of Arizona College of Law, and the University of New Mexico School of Law where he was first granted tenure. Dean Canova received his B.A. in Government from Franklin & Marshall College and J.D. degree from the Georgetown University Law Center where he served as lead articles editor of the Georgetown Immigration Law Journal. He received a master’s diploma in graduate legal studies from the University of Stockholm Faculty of Law where he was a Swedish Institute Visiting Scholar and Cassel Foundation Scholar. |
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Timothy A. Canova 