Solomon's Knot How Law Can End the Poverty of Nations

Solomon's Knot
  • Engels
  • Hardcover
  • 9780691147925
  • Druk: 1
  • januari 2012
  • 344 pagina's
Alle productspecificaties

Samenvatting

Sustained growth depends on innovation, whether it's cutting-edge software from Silicon Valley, an improved assembly line in Sichuan, or a new export market for Swaziland's leather. Developing a new idea requires money, which poses a problem of trust. The innovator must trust the investor with his idea and the investor must trust the innovator with her money. Robert Cooter and Hans-Bernd Schäfer call this the "double trust dilemma of development." Nowhere is this problem more acute than in poorer nations, where the failure to solve it results in stagnant economies.


In Solomon's Knot, Cooter and Schäfer propose a legal theory of economic growth that details how effective property, contract, and business laws help to unite capital and ideas. They also demonstrate why ineffective private and business laws are the root cause of the poverty of nations in today's world. Without the legal institutions that allow innovation and entrepreneurship to thrive, other attempts to spur economic growth are destined to fail.

Recensie(s)

Cooter and Schafer apply insights from the field of law and economics to the problem of poverty. They describe how institutions like contracts overcome dilemmas of trust at the heart of economic transactions. Readers interested in understanding the law and economics approach would do well to start with this well-written volume, which develops a model of the legal institutions needed for innovation... [A] significant contribution to the field. --Choice [C]ompelling. --Michael Strong, Barron's Rich in institutional detail, wisdom and practical advice. --Alex Tabarrok, Marginal Revolution The authors, Cooter and Schafer, skilfully avoid economics verbiage and complicated legal terms, providing instead a plethora of anecdotes, appropriate examples and studies. --Lisa Kaaki, Arab News Solomon's Knot remains an entertaining and comprehensive read. It successfully conveys the main theories of law and economics within the context of promoting innovation as a source of sustained growth. Moreover, it proposes clear and simple policy recommendations for developing countries to adopt in pursuit of greater wealth creation and economic development. --Christel Y. Tham, Journal of International Law and Politics

Productspecificaties

Inhoud

Taal
Engels
Bindwijze
Hardcover
Druk
1
Verschijningsdatum
2012-01-01
Aantal pagina's
344 pagina's
Illustraties
Nee

EAN

EAN
9780691147925

Overige kenmerken

Extra groot lettertype
Nee
Oorspronkelijke releasedatum
2012-01-13
Subtitel
How Law Can End the Poverty of Nations
Thema Subject Code
KCG

Je vindt dit artikel in

Categorieën
Taal
Engels
Studieboek of algemeen
Algemene boeken
Onderwerp
Alle rechten, Business & management, Economie & finance, Mens & maatschappij
Boek, ebook of luisterboek?
Boek
Nog geen reviews
41 47
1 - 2 weken Tooltip
Verkoop door partner van bol.com Books2Anywhere
Andere verkopers (1)
  • Gratis verzending
  • 30 dagen bedenktijd en gratis retourneren