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This article proposes a critical analysis of Jean-Baptiste Say?s thought on the economy in general and more specifically, on slavery. The first part deals with his general ideas on the economy, and studies how he defines value, capital and equilibrium of supply and demand on the markets (Say?s...
Persistent link: https://www.econbiz.de/10011187272
subdivisions are the most outstanding features of the real economy system. We speak about the updated economics, thinking of a … mixture between Economics and Political Economy, actually a humanized economic science. In this context, ethics is an …
Persistent link: https://www.econbiz.de/10010838510
The paper deals with with one possible Utopian model, according to which law is an important part of the speculative Utopian Myth. This model is illustrated by using two narratives, created centuries apart. Both stories, from Hebrew sources, refer, in some detail to imaginary societies. Both...
Persistent link: https://www.econbiz.de/10012721613
This paper examines the relation between legal risk - defined as the strength and enforcement of creditors' rights - and debt ownership concentration to understand the various governance roles played by banks as large creditors. Using a sample of 495 project finance loan tranches (worth $151...
Persistent link: https://www.econbiz.de/10012722075
For the poor, finance is always about much more than economics. In practical as well as philosophical terms it is a …
Persistent link: https://www.econbiz.de/10012722853
We examine a sample of 254 related party and arms' length acquisitions and sales of assets in Hong Kong during 1998-2000. Our analysis shows that publicly listed firms enter deals with related parties at unfavorable prices compared to similar arms' length deals. Firms acquire assets from related...
Persistent link: https://www.econbiz.de/10012722860
close attention to local-specific interplays between law, politics, economics, and culture …
Persistent link: https://www.econbiz.de/10012723321
International law has traditionally been above all a law aimed at reinforcing sovereignty and, secondarily, of taming it via the emergence of an international community. What is typically excluded from this encounter is a whole series of efforts undertaken by civil society, individuals, or...
Persistent link: https://www.econbiz.de/10012723517
China's new Anti-Monopoly Law (AML), over two decades in the making, was finally enacted on August 30, 2007 and on August 1, 2008 will replace the disparate and ineffective competition regime currently in place. Legislators invited the input of a wide array of domestic and foreign legal experts...
Persistent link: https://www.econbiz.de/10012723643
This article argues that criticism of the International Criminal Court (ICC) has been unduly abandoned to realists and conservatives. Instead, it proposes the contours of a more radical critique of the ICC that takes aim of some of its unquestioned liberal assumptions, including its claimed...
Persistent link: https://www.econbiz.de/10012723829