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In the United States, the term “crony capitalism” refers to a political-economic system that resembles traditional … interests in exchange for electoral support, under crony capitalism politicians and regulators use businesses to advance the … legislation such as the Dodd-Frank financial reform legislation illustrate the differences between crony capitalism and mere rent …
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This is a discussion of Pistor's work on the code of capital and more generally on the approach taken by the new legal institutionalists on law and political economy. In particular, the intervention focuses on the central idea according to which law is constitutive of the contemporary political...
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The author argues that the decay of liberal capitalism is the consequence of social rules that leave unconstrained the …
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Constitution -- 2 The World Trade Organisation and the Sanctity of Private Enterprise -- 3 The European Union: A Faithful … as the Constitution -- Bibliography -- Index. …
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Although democracy is today the most common form of government, the Law and Economics literature has neglected for a long time the role of social preferences in lawmaking. This article aims at capturing the endogenous process of lawmaking: in democracies, people partly determine the law they...
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