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612-822-4611
Law and Market Economy: Reinterpreting the Values of Law and Economics

Law and Market Economy: Reinterpreting the Values of Law and Economics

Hardcover

EconomicsGeneral Law

ISBN10: 0521782147
ISBN13: 9780521782142
Publisher: Cambridge University Press
Published: Aug 10 2000
Pages: 192
Weight: 1.00
Height: 0.56 Width: 6.00 Depth: 9.00
Language: English
This integrated study of law, economics and Peircian semiotics re-examines the relationship between law and market theory, and introduces the idea of law and market economy. Overcoming the traditional dichotomy between efficiency and justice, Malloy focuses on the relationship between creativity and sustainable wealth formation. He shows how creativity and sustainable wealth formation have more to do with an ethic of social responsibility than with a concern for economic efficiency. In presenting his case, Malloy uses numerous examples as he reinterprets classic problems related to rational choice, the Coase Theorem, public choice, efficient breach, social contract theory, and wealth maximization, among others.

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