Download or read book The Legal Economic Nexus written by Warren Samuels and published by Routledge. This book was released on 2007-02-22 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing another key contribution to the immensely popular field of law and economics, this book, written by the doyen of the history of economic thought in the US, explores the dynamic relationship between economics, law and polity. Combining a selection of old and new essays by Warren J. Samuels that chart a number of key themes, it provides an important commentary on the development of an academic field and demonstrates how policy is structured and manipulated by human social construction. The areas covered include: the role of manufactured belief power the nature and sources of rights the construction of markets by firms and governments and the problem of continuity and change in the form of the question of the selectively defined status quo and its status the absolutist character of government, rights, markets and legal principles and the accepted ideational structure of law. The Legal-Economic Nexus is an essential read both economists and legal professionals as well as those researching the history of economic thought and the social construction of law.
Download or read book Law and Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-12-18 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Law and Economics Law and economics, often known as economic analysis of law, is the process of applying microeconomic theory to the study of law rather than the other way around. A number of economists from the Chicago school of economics, including Aaron Director, George Stigler, and Ronald Coase, were principally responsible for the pioneering work that led to the development of this subject in the United States during the early 1960s. For the purpose of explaining the impacts of laws, determining which legal rules are economically effective, and predicting which legal rules will be adopted, this field makes use of concepts from economics. There are two major branches of law and economics: the first is based on the application of the methods and theories of neoclassical economics to the positive and normative analysis of the law, and the second is centered on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes, and overlapping with analyses of the institutions of politics and governance. Both of these branches are considered to be important in the field of law and economics. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Law and economics Chapter 2: Ronald Coase Chapter 3: Free-rider problem Chapter 4: James M. Buchanan Chapter 5: Coase theorem Chapter 6: Chicago school of economics Chapter 7: New institutionalism Chapter 8: Guido Calabresi Chapter 9: Armen Alchian Chapter 10: Aaron Director Chapter 11: Regulatory economics Chapter 12: New institutional economics Chapter 13: Harold Demsetz Chapter 14: Virginia school of political economy Chapter 15: Economic justice Chapter 16: Property rights (economics) Chapter 17: The Use of Knowledge in Society Chapter 18: The Problem of Social Cost Chapter 19: Arnold Plant Chapter 20: Constitutional economics Chapter 21: Francesco Parisi (economist) (II) Answering the public top questions about law and economics. (III) Real world examples for the usage of law and economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of law and economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of law and economics.
Download or read book Exploring the Nexus Doctrine In International Tax Law written by Ajit Kumar Singh and published by Kluwer Law International B.V.. This book was released on 2021-05-14 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an age when cross-border business transactions are increasingly effected without the transference of physical products, revenue concerns of states have led to a multitude of tax disputes based on the concept of ‘nexus’. This important and timely book is the most authoritative to date to discuss one of the major tax topics of our time – the question of how taxing rights on income generated from cross-border activities in the digital age should be allocated among jurisdictions. Demonstrating in prodigious depth that it is the economic nexus of the tax entity or activity with the state, and not the physical nexus, which meets the jurisdictional requirement, the author – a leading authority on this area who is a Senior Commissioner of Income Tax and a Member of the Dispute Resolution Panel of the Government of India – addresses such dimensions of the subject as the following: whether a strict territorial nexus as a normative principle is ingrained in source rule jurisprudence; detailed scrutiny of such classical doctrines as benefit theory, neutrality theory, and internation equity; comparative critique of the Organisation for Economic Co-operation and Development (OECD) and United Nation (UN) model tax treaties; whether international law and customary principles mandate a strict territorial link with the source state for the assumption of tax jurisdiction; whether the economic nexus-based tax jurisdiction and absence of a physical presence breach the constitutional doctrine of extraterritoriality or due process; and whether retrospective tax legislation breaches the principle of constitutional fairness. The book offers a politically informed analysis of the nexus principle and balances the dynamics of physical presence and economic nexus standards, based on an in-depth survey of the historical evolution of judicial pronouncements and international practices in this regard. Dr Singh’s book exposes an urgently needed missing link in the international source rule literature and takes a giant step towards solving the thorny question of appropriate tax apportionment. It sheds brilliant light on the policies states may adopt when signing new tax treaties, so that unintended results may be foreseen and avoided. Tax practitioners, taxation authorities, and academic researchers in the field of international tax law and policy will greatly appreciate the book’s forthright enhancement of the ability to defend challenges based on the nexus doctrine.
Download or read book The Law Growth Nexus written by Kenneth W. Dam and published by Rowman & Littlefield. This book was released on 2007-08-29 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increasingly popular view holds that institutions--in particular, the rule of law--are the keys to unlocking the developing world's full growth potential. But what exactly does this mean? Which legal institutions matter and why? How can policymakers use this knowledge to promote growth? In The Law-Growth Nexus, Kenneth Dam brings five decades of experience as a legal scholar and policymaker to bear upon these questions. After reviewing the burgeoning literature on legal institutions and economic development, Dam unpacks the "rule of law" concept. Successive chapters analyze enforcement, contracts, and property rights—the three concepts that collectively define rule of law—and examine their roles in the real estate and financial sectors. Dam uses an extended analysis of China to assess the importance of the rule of law. This case study illustrates several of the book's central themes, including the difficulty of building a strong, independent judiciary and firstclass financial sector. The stark fact is that many parts of what we call the developing world have stopped developing, while other regions have seen a slowdown in once-promising growth. Could new or better legal institutions help jumpstart these economies? In exploring this question, Th e Law-Growth Nexus goes beyond regression results to examine the underlying mechanisms through which the law, the judiciary, and the legal profession influence the economy. The result is essential reading for analysts and policymakers facing the challenges of legal and economic reform.
Download or read book Property Social Action and the Legal Economic Nexus written by Joseph Sima and published by Austrian Economics. This book was released on 2019-01-15 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Property rights, once at the heart of classical economic orthodoxy, have been all but disregarded by today's economists. As property (respect for it and expressed consent) is widely considered a necessary condition for peace and prosperity, it deserves much more attention from our current profession. In Property, Social Action and the Legal-Economic Nexus, Josef Sima seeks to address this failing. Sima shows that although the concept of property has been a focal point of the discipline of law and economics--in the work of Coase, Posner, and Calabresi--the role it has played is fundamentally problematic, and that a more meaningful and relevant theory of property, one that both reinstates it as a condition of a flourishing life and one that strengthens the law and economics approach, can be found in the writings of Carl Menger. Indeed, Sima argues that Menger's work provided a vision of a unifying approach to law and economics--the "logic of social action"--that has been elaborated systematically by other scholars working in the Austrian tradition. The book adds a significant contribution to this scholarship on the nature and implications of private property and explains how the concept is linked to coordinating and order-producing qualities of societies. In particular, the book shows the importance of entrepreneurially-driven social order and challenges the mainstream view that monopolistic structures and legal centralism are necessary parts of a society's legal-economic nexus. It offers new ways of thinking about the concepts of scarcity, efficiency, choice, rights, and added value, and is an important corrective to the failure of much of economics to provide an economic analysis of property and to deal with real-life issues.
Download or read book The Republic of Beliefs written by Kaushik Basu and published by Princeton University Press. This book was released on 2020-12-08 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: "[This book] argues that the traditional economic analysis of the law has significant flaws and has failed to answer certain critical questions satisfactorily. Why are good laws drafted but never implemented? When laws are unenforced, is it a failure of the law or the enforcers? And, most important, considering that laws are simply words on paper, why are they effective? Basu offers a provocative alternative to how the relationship between economics and real-world law enforcement should be understood. Basu summarizes standard, neoclassical law and economics before looking at the weaknesses underlying the discipline. Bringing modern game theory to bear, he develops a 'focal point' approach, modeling not just the self-interested actions of the citizens who must follow laws but also the functionaries of the state: the politicians, judges, and bureaucrats enforcing them. He demonstrates the connections between social norms and the law and shows how well conceived ideas can change and benefit human behavior. For example, bribe givers and takers will collude when they are treated equally under the law. And in food support programs, vouchers should be given directly to the poor to prevent shop owners from selling subsidized rations on the open market. Basu provides a new paradigm for the ways that law and economics interact: a framework applicable to both less developed countries and the developed world"--Jacket.
Download or read book Economics Governance and Law written by Warren J. Samuels and published by Edward Elgar Publishing. This book was released on 2002 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This coherent collection of papers examines some of the fundamental issues in political economy in a non-judgemental and non-ideological way. The political economy is a process of decision making and these papers attempt to identify the deepest levels of conduct of collective choice. These include official and private government, the rule of law, the nature of poverty, rules and markets, deliberative and non-deliberative choice, and the operation of selective perception and of intellectual fraud in politics.
Download or read book Law and Economics written by Nicholas Mercuro and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The character of economic life] in a society is dependent upon, among 2 other things, its political-legal-economic institutional setting. Within that institutional structure, the individuals who comprise that society attempt to cooperate with one another to their mutual advantage so as to accommodate their joint utility-maximizing endeavors. In addition, these same individuals call upon certain societal institutions to adjust the con flicting claims of different individuals and groups. In this regard, a society is perceived as both a cooperative venture for mutual advantage where there are an identity of interests and, as well, an arena of conflict where there exists a mutual interdependence of conflicting claims or interests. The manner in which a society structures its political-legal-economic institutions 1) to enhance the scope of its cooperative endeavors and 2) to channel internal political-legal-economic conflicts toward resolution, shapes the character of economic life in that society. In contemplating the structure of its institutions intended to promote cooperation and channel conflict, a society confronts several issues. At the most general level an enduring issue is how a society both perceives and then ideologically transmits (perhaps teaches or rationalizes), inter nally and/or externally, its perceptions of so-called "cooperative en deavors" and "arenas of conflict." There can be no doubt that the resultant structure of a society's institutions will reflect that society's perception as to what cooperation entails and what conflict constitutes.
Download or read book Under Cover of Science written by James R. Hackney Jr. and published by Duke University Press. This book was released on 2007-03-28 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than two decades, the law and economics movement has been one of the most influential and controversial schools of thought in American jurisprudence. In this authoritative intellectual history, James R. Hackney Jr. situates the modern law and economics movement within the trajectory of American jurisprudence from the early days of the Republic to the present. Hackney is particularly interested in the claims of objectivity or empiricism asserted by proponents of law and economics. He argues that the incorporation of economic analysis into legal decision making is not an inherently objective enterprise. Rather, law and economics often cloaks ideological determinations—particularly regarding the distribution of wealth—under the cover of science. Hackney demonstrates how legal-economic thought has been affected by the prevailing philosophical ideas about objectivity, which have in turn evolved in response to groundbreaking scientific discoveries. Thus Hackney’s narrative is a history not only of law and economics but also of select strands of philosophy and science. He traces forward from the seventeenth-century the interaction of legal thinking and economic analysis with ideas about the attainability of certitude. The principal legal-economic theories Hackney examines are those that emerged from classical legal thought, legal realism, law and neoclassical economics, and critical legal studies. He links these theories respectively to formalism, pragmatism, the analytic turn, and neopragmatism/postmodernism, and he explains how each of these schools of philosophical thought was influenced by specific scientific discoveries: Newtonian physics, Darwin’s theory of evolution, Einstein’s theories of relativity, and quantum mechanics. Under Cover of Science challenges claims that the contemporary law and economics movement is an objective endeavor by historicizing ideas about certitude and empiricism and their relation to legal-economic thought.
Download or read book The Fundamental Interrelationships Between Government and Property written by Nicholas Mercuro and published by Routledge. This book was released on 2003-07-17 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of 22 commissioned essays from scholars across numerous fields responded to the question: What are the most fundamental things you can say concerning the interrelations between the institutions of government and property? Contributing authors were asked to address this question in a positive analysis and that their essay penetrate to the deepest (most fundamental) levels of property-government organization. Their contributions are illuminating.
Download or read book Economics and the Law written by Nicholas Mercuro and published by Princeton University Press. This book was released on 1997 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: By providing readers with a noncritical description of the broad contours of each school of thought, Mercuro and Medema convey a strong sense of the important elements of each of these interrelated yet varied traditions.
Download or read book Economic Security Neglected Dimension of National Security written by National Defense University (U S ) and published by Government Printing Office. This book was released on 2011-12-27 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.
Download or read book Industrializing English Law written by Ron Harris and published by . This book was released on 2000 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Between 1720 and the mid-nineteenth century, the legal framework of England remained static, while the country went through an economic and social evolution known as the Industrial Revolution. This book addresses the apparent discrepancy between the developing economy of 1720-1844 and the stagnant legal framework of business organization during the same period. The book specifically focuses on the ways by which the legal-economic nexus of the period gave rise to the modern institutions of organizing business.
Download or read book Value Making in International Economic Law and Regulation written by Donatella Alessandrini and published by Routledge. This book was released on 2016-01-29 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the contemporary production of economic value in today’s financial economies. Much of the regulatory response to the global financial crisis has been based on the assumption that curbing the speculative ‘excesses’ of the financial sphere is a necessary and sufficient condition for restoring a healthy economic system, endowed with real values, as distinct from those produced by financial markets. How, though, can the ‘intrinsic’ value of goods and services produced in the sphere of the so-called real economy be disentangled from the ‘artificial’ value engineered within the financial sphere? Examining current projects of international legal regulation, this book questions the regulation of the financial sphere insofar as its excesses are juxtaposed to some notion of economic normality. Given the problem of neatly distinguishing these domains – and so, more generally, between economy and society, and production and social reproduction – it considers the limits of our current conceptualization of value production and measurement, with specific reference to arrangements in the areas of finance, trade and labour. Drawing on a range of innovative work in the social sciences, and attentive to the spatial and temporal connections that make the global economy, as well as the racial, gender and class articulations of the social reproductive field within it, it further asks: what alternative arrangements might be able to affect, and indeed alter, the value-making processes that underlie our current international regulatory framework?
Download or read book The Politics of International Economic Law written by Tomer Broude and published by Cambridge University Press. This book was released on 2016-01-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do politics and international economic law interact with each other? Financial crises and shifts in global economic patterns have refocused our attention on how the fingerprints of the "visible hand" can be seen all over the institutions that underpin the rules of globalization. From trade and investment to finance, governments are under pressure to enforce, resist, and re-write international economic law. Lawyers have seldom given enough attention to the influence of politics on law, whereas political scientists have had an on-again, off-again fascination with how the law influences relations among states. This book leads the way toward filling this interdisciplinary gap, through a series of important studies written by leaders in the field on specific problems in international economic relations. The book demonstrates a variety of ways in which the international political-economic nexus may be researched and understood.
Download or read book Essays on the Economic Role of Government written by Warren J. Samuels and published by Springer. This book was released on 1992-06-18 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of articles examines the fundamental non-ideological conceptions and relationships consutituting the economic role of government, especially in market economies. The fundamental concepts include the nature of economic policy and the problem of order in economic affairs.
Download or read book Legal Economics written by K. C. Gopalakrishman and published by . This book was released on 1980 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt:
