The aim of this paper is to advance or understanding of whether and to what extent Law and Economics has a future in addressing, both from a positive and from a normative point
of view, legal systems of the so called "Third World Countries" (6) which are outside the Western Legal Tradition (7). The primary purpose of this paper is twofold. On the one hand we seek to avoid problems of cultural imperialism such as those that affected the American Law and Development movement in the [1960s and 1970s], and which eventually led to its failure.(8) On the other hand we attempt to enrich our understanding of Law and Economics by applying it to legal systems very different from those in which it has so far fluorished.
http://www.jus.unitn.it/cardozo/Review/Torts/Mattei1.html
Note: http://www.jus.unitn.it...
Making The Other Path Efficient.
Posted on Tuesday, July 24 at 10:11 by DiogenesContributed By
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All joking aside there are some worthwhile ideas inn the book and we woiuld dpo well to at least investigate what those countries who have been under the thumb do to create livilhood
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"When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do."
William Blake
0.7% of GDP of the G-8 is all it would take. Less than the US spends on 1 year of the Defence Budget.
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The preceding comment deals with mature subject matter, however immaturely presented. Viewer discretion is advised.
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"When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do."
William Blake
As usual with academic "scholars", who have lost all contact with simple realities.
"Efficiency is the most work done with the least energy/resource inputs."
This simple law needs no interpretations and miles of hot air verbiage. It also proves that so called "competition" is inefficient, as it always requires and demands higher inputs to remain "competitive"
There's no such thing as monetary, or as used in the present term "market efficiency", as the substitution of monetary terms instead of physical makes the whole system illogical, fraudulent and self destructive.
Especially when money is being "created" in unlimited quantities by a special interest sector for its own benefit, licencing environmental and human destruction.
These poor "scholars" can write a million pages, rationalizing over nonsensical sophistries, the fact still remains that all human activities are based, therefore must be governed by physical laws and not by imaginary concepts.
Once humanity realizes this simple fact, it may just have a chance for survival.
Ed Deak, Big Lake.