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Economics, Governance and Law: Essays on Theory and Policy
Economics Governance and Law Essays on Theory and Policy Author:Warren J. Samuels ‘In these highly illuminating and pertinent essays, Warren Samuels addresses one of the most important questions of social science: what is the proper and competent role of government in the economy? He adopts a highly sophisticated and balanced position, against both the naive libertarian belief that government can play a marginal role, and aga... more »inst the equally naive view that government is the panacea for all economic ills. Samuels accepts the reality of spontaneous orders in economic life but denies that they can be completely free from deliberation over laws and rules. Samuels's work is an excellent contemporary exemplar of a great intellectual tradition in law and economics that goes back through John Commons to his European precursors.' - Geoffrey M. Hodgson, University of Hertfordshire Business School, UK This collection of previously published and unpublished papers also includes a specially written introduction by Warren Samuels. The book 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 property, rules and markets, deliberative and non-deliberative choice, and the operation of selective perception and of intellectual fraud in politics. After an objective reading of these essays, no reader should look at government, globalization, rule of law, constitutions, and revolution in quite the same way.« less