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Law and Market Economy

Robin Paul Malloy · ISBN 9780521787314
Law and Market Economy | Zookal Textbooks | Zookal Textbooks
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Publisher Cambridge University Press
Author(s) Robin Paul Malloy
Subtitle Reinterpreting the Values of Law and Economics
Published 10th August 2000
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Reinterpreting the Values of Law and Economics

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.
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