Law and Market Economy: Reinterpreting the Values of Law and Economics / Edition 1 by Robin Paul Malloy | 9780521787314 | Paperback | Barnes & Noble
Law and Market Economy: Reinterpreting the Values of Law and Economics / Edition 1

Law and Market Economy: Reinterpreting the Values of Law and Economics / Edition 1

by Robin Paul Malloy
     
 

ISBN-10: 0521787319

ISBN-13: 9780521787314

Pub. Date: 08/28/2000

Publisher: Cambridge University Press

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

Overview

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.

Product Details

ISBN-13:
9780521787314
Publisher:
Cambridge University Press
Publication date:
08/28/2000
Edition description:
New Edition
Pages:
190
Product dimensions:
5.98(w) x 8.98(h) x 0.59(d)

Table of Contents

1. Introduction; 2. A general framework; A basic introduction to semiotics; A brief overview of the general argument; 3. Law and market economy: further clarification; Market as community; Market as a process of semiotic signification; 4. Wealth as a process of discovery (wealth, discovery, and imaginative choice); Coase's theorem; Public choice; 5. Social organization and the discovery process; The relationship between social organization and proactive wealth formation; An ethic of social responsibility for law and market economy; Outlining an ethic of social responsibility (humility, diversity, reciprocity); The ethic of social responsibility and wealth: some supportive evidence; 6. Implications of law and market economy; Efficiency does not maximize wealth; An extensive distribution promotes wealth; Rhetorical strategies have consequence; 7. Conclusions.

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