Law and Market Economy: Reinterpreting the Valu. Malloy Paperback<|

Law and Market Economy: Reinterpreting the Valu. Malloy Paperback<|

Law and Market EconomyReinterpreting the Values of Law and Economics\nAuthor(s): Robin Paul Malloy\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521787314, 978-0521787314\nSynopsis\nThis 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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