Law, Economics, and Conflict
Kaushik Basu and Robert C. Hockett
Abstract
This book offers new perspectives on how to take analytic tools from the realm of academic research out into the real world to address pressing policy questions. As the chapters discuss, political polarization, regional conflicts, climate change, and the dramatic technological breakthroughs of the digital age have all left the standard tools of regulation floundering in the twenty-first century. These failures have, in turn, precipitated significant questions about the fundamentals of law and economics. The chapters address law and economics in diverse settings and situations, including centra ... More
This book offers new perspectives on how to take analytic tools from the realm of academic research out into the real world to address pressing policy questions. As the chapters discuss, political polarization, regional conflicts, climate change, and the dramatic technological breakthroughs of the digital age have all left the standard tools of regulation floundering in the twenty-first century. These failures have, in turn, precipitated significant questions about the fundamentals of law and economics. The chapters address law and economics in diverse settings and situations, including central banking and the use of capital controls, fighting corruption in China, rural credit markets in India, pawnshops in the United States, the limitations of antitrust law, and the role of international monetary regimes. Collectively, the chapters rethink how the insights of law and economics can inform policies that provide individuals with the space and means to work, innovate, and prosper — while guiding states and international organization to regulate in ways that limit conflict, reduce national and global inequality, and ensure fairness.
Keywords:
analytic tools,
central banking,
capital controls,
corruption,
rural credit markets,
antitrust law,
international monetary regimes
Bibliographic Information
| Print publication date: 2021 |
Print ISBN-13: 9781501759383 |
| Published to Cornell Scholarship Online: January 2022 |
DOI:10.7591/cornell/9781501759383.001.0001 |
Authors
Affiliations are at time of print publication.
Kaushik Basu, editor
Cornell University
Robert C. Hockett, editor
Cornell Law School
More
Less
