"One of Diane Coyle's Best Economic Books of 2018"

A leading economist offers a radically new approach to the economic analysis of the lawThe Republic of Beliefs 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, considering that laws are simply words on paper, why are they effective? Offering a provocative alternative to how the relationship between economics and real-world law enforcement is commonly understood, Kaushik Basu demonstrates the connections between social norms and the law and shows how well-conceived ideas can change and benefit human behavior. The Republic of Beliefs provides a new paradigm that will enable better laws and a fairer society.
Les mer
A leading economist offers a radically new approach to the economic analysis of the law
"This is a beautifully written book. . . . The Republic of Beliefs offers a distinctive and revealing perspective on public policy, and couldn’t be more timely."—Diane Coyle, Enlightenment Economics"Focused on what goes on in people’s minds, Basu offers an ambitious new account of why people obey the law. A major contribution for theorists and practitioners alike."—Cass Sunstein, author of #Republic"With a spare, elegant style, Basu offers a deeply satisfying game-theoretic account while educating readers with little background in economics."—Eric Posner, coauthor of Radical Markets"While reading this book, I felt as if Basu was talking directly to me, with his intonation, his penetrating gaze, and above all his unbounded intellectual excitement and love for human beings."—Ariel Rubinstein, Tel Aviv University and New York University
Les mer

Produktdetaljer

ISBN
9780691210049
Publisert
2020-12-08
Utgiver
Vendor
Princeton University Press
Høyde
235 mm
Bredde
156 mm
Aldersnivå
U, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
264

Forfatter

Om bidragsyterne

Kaushik Basu is professor of economics and the Carl Marks Professor of International Studies at Cornell University. His books include Beyond the Invisible Hand (Princeton) and Prelude to Political Economy.