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

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

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SKU: DADAX0521782147
UPC: 9780521782142
Brand: Cambridge University Press
Condition: New
Regular price$189.33
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This integrated study of law, economics and Peircian semiotics reexamines 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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