Law and the Invisible Hand

A Theory of Adam Smith's Jurisprudence

AvRobin Paul Malloy

Inbunden, Engelska, 2021

891 kr

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Häftad

377 kr

Beskrivning

A contemporary interpretation of Adam Smith's work on jurisprudence, revealing Smith's belief that progress emerges from cooperation and a commitment to justice. In Smith's theory, the tension between self-interest and the interests of others is mediated by law, so that the common interest of the community can be promoted. Moreover, Smith informs us that successful societies do at least three things well. They promote the common interest, advance justice through the rule of law, and they facilitate our natural desire to truck, barter, and exchange. In this process, law functions as an invisible force that holds society together and keeps it operating smoothly and productively. Law enhances social cooperation, facilitates trade, and extends the market. In these ways, law functions like Adam Smith's invisible hand, guiding and facilitating the progress of humankind.

Produktinformation

Utgivningsdatum:2021-11-18
Mått:159 x 236 x 17 mm
Vikt:440 g
Format:Inbunden
Språk:Engelska
Antal sidor:204
Förlag:Cambridge University Press
ISBN:9781108836630

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap
Rättsvetenskap inom Juridik

Mer om författaren

Robin Paul Malloy is the E. I. White Chair and Distinguished Professor of Law, and a Kauffman Professor of Entrepreneurship and Innovation at Syracuse University College of Law. He is a leading expert on market jurisprudence, property, real estate development, and land use regulation. Malloy has published numerous books and scholarly articles. This is his fourth book with Cambridge University Press.

Recensioner i media

'… the book is, as a whole, both a rigorous study of the work of Adam Smith and an ambitious experiment to refect, in the thought of a master of the past, tensions and contradictions of the present.' Luca Arnaudo, History of Economic Ideas

Innehållsförteckning

1. Introduction: law's invisible hand; 2. Setting the stage; 3. Social organization in the informal realm; 4. Social organization in the formal realm; 5. Integrating the informal and formal in Smith's theory; 6. The spectator view; 7. Judgment and justice; 8. The sentiment of common interest; 9. The impartial spectator, homo-economicus and homo-identicus; 10. Understanding the four stages of progress; 11. Adam Smith in American law; 12. Parting thoughts.

Häftad

527 kr