Law and Market Economy: Reinterpreting the Values of Law and Economics

Robin Paul Malloy (Syracuse University, New York)

Law and Market Economy: Reinterpreting the Values of Law and Economics
Format
Hardback
Publisher
Cambridge University Press
Country
United Kingdom
Published
15 October 2000
Pages
192
ISBN
9780521782142

Law and Market Economy: Reinterpreting the Values of Law and Economics

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 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.

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