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Law and Market Economy Robin Paul Malloy (Syracuse University, New York)

Law and Market Economy By Robin Paul Malloy (Syracuse University, New York)

Law and Market Economy by Robin Paul Malloy (Syracuse University, New York)

Reviews:
£12.70
New RRP £38.99
Condition - Very Good
Only 1 left
Very Good

Summary

This synthesis of law, philosophy and market theory provides a new jurisprudence of exchange. It presents a fundamental critique of the traditional economic analysis of law and an alternative approach through semiotic analysis, examining the market exchange process through the broader perspective of creativity and human relationships.

Law and Market Economy Summary

Law and Market Economy: Reinterpreting the Values of Law and Economics by Robin Paul Malloy (Syracuse University, New York)

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, entrepreneurism, 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.

Law and Market Economy Reviews

'Malloy develops a semiotic interpretation of work in law and economics that links exchange and creativity to ethical values. The result is a powerful new perspective on law and markets that brings to mind work from Hayek to Hurst. This book is an exceptionally important contribution to contemporary scholarship on the nature of Law.' John Brigham, University of Massachusetts, Amherst, and Member of the Board of Trustees of the Law and Society Association
'In bringing the language and concerns of ethics, moral theory, and social responsibility back into the discipline of market theory and law, this book is timely and significant, and should be read by anyone who cares about more just and inclusive alternatives to present forms of social organization.' Sharon Hom, City University of New York
'Providing the reader with a rich menu of humanistic values, economic analysis, and interpretation theory, this work will enliven debate and open new avenues of inquiry in an academic field on the verge of becoming arid by its current confining focus.' Denis Brion, Washington and Lee University
'... it is clear that [Malloy's] concept of Law and Market Economy is rich with potential. As he develops his theory, he has the opportunity to work out a template for action in the processes of the law that can lead to a welfare-maximising society that would be a compelling alternative to the failed Welfare State of the immediate past, the Efficient State, instrumental to the economic elite, of Chicago School Law and Economics, and the Night-Watchman State, the hyper-competitive milieu of atomistic individuals of Libertarian Law and Economics.' International Journal for the Semiotics of Law

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.

Additional information

GOR013519514
9780521787314
0521787319
Law and Market Economy: Reinterpreting the Values of Law and Economics by Robin Paul Malloy (Syracuse University, New York)
Robin Paul Malloy (Syracuse University, New York)
Used - Very Good
Paperback
Cambridge University Press
2000-08-10
190
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Law and Market Economy