Law, Informal Rules and Economic Performance: The Case for Common Law - Image 1

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

Name: Law, Informal Rules and Economic Performance: The Case for Common Law
Brand: Edward Elgar Publishing
Price: 71.32 GBP
Availability: InStock

Theory & Philosophy

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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.

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Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1845428730
Category: Books > Subjects > Business, Finance & Law > Economics > Theory & Philosophy
Domain: Amazon UK
Release Date: 30 June 2008
Listed Since: 18 January 2008

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

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