£71.59

Edward Elgar Publishing Law, Informal Rules and Economic Performance: The Case for Common Law

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£71.59 £70.74 £70.93 £71.11 £71.30 £71.48 £71.67 26 April 2026 30 April 2026 04 May 2026 08 May 2026 12 May 2026

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Description

Capitalism has outperformed all other systems and maintained a positive growth rate since it began. Svetozar Pejovich makes the case within this book that a major reason for the success of capitalism lies in the efficiency-friendly incentives of its basic institutions, which continuously adjust the rules of the game to the requirements of economic progress. The analysis throughout is consistent and is supported by evidence. Key components of the proposed theory are the rule of law, the market for institutions, the interaction thesis, the carriers of change, and the process of changing formal and informal institutions. This book will be of great interest to academics and students of law and economics, new institutional economics, comparative systems and public choice throughout the world and especially in East Asia and South America where institutional issues are being debated.

Key Features

Used Book in Good Condition

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 June 2008
Listed Since
18 January 2008

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