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| A. R. J. Turgot |
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Topic: Law, Property Rights, and InstitutionsAlston, Lee and Joseph Ferrie, Southern Paternalism and the American Welfare State: Economics, Politics, and Institutions in the South, 1865-1965 Altson, Lee, Thrainn Eggertsson and Douglass North, (eds.), Empirical Studies In Institutional Change Anderson, Terry, (ed.), Property Rights and Indian Economies Armentano, Dominick, Anti-Trust and Monopoly Barro, Robert, Getting it Right: Markets and Choices in a Free Society Barry, Norman, "The Tradition of Spontaneous Order" (Literature of Liberty, 1982)
Barry also makes an elegant and subtle distinction: The evolution of laws, commonly cited as analogous to that of markets, differs from that of markets precisely because laws lack the equivalent of a price system to convey information and feedback to the widespread participants. Hence a common-law legal system may be less likely to iterate in on an equilibrium than a freely-developing market system. See also: "Readers' Forum: Comments on 'The Tradition of Spontaneous Order' by Norman Barry". Barzel, Yoram, The Economic Analysis of Property Rights Bastiat, Frederic, The Law, Dean Russell, trans.
Bentham, Jeremy, An Introduction to the Principles of Morals and Legislation Coase, Ronald, The Firm, the Market and the Law Eggertsson, Thrain, Economic Behavior and Institutions Epstein, Richard, Simple Rules for a Complex World Goldberg, Victor, Readings in the Economics of Contract Law Hirschmann, Albert, Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations and States Kantor, Shawn, Politics and Property Rights Klein, Daniel, Binyam Reja, Adrian Moore, Curb Rights: A Foundation for Free Enterprise in Urban Transit Knight, Frank, Risk, Uncertainty, and Profits.
Masten, Scott and Oliver Williamson, (eds.), The Economics of Transaction Costs Masten, Scott, (ed.), Case Studies in Contracting and Organization Miller, Gary, Managerial Dilemmas: The Political Economy of Hierarchy North, Douglass, Institutions, Institutional Change and Economic Performance Olson, Mancur, The Logic of Collective Action Posner, Richard, The Economic Analysis of Law Sowell, Thomas, Knowledge and Decisions Stigler, George, The Essence of Stigler Tracy, Antoine Louis Claude Destutt de, A Commentary and Review of Montesquieu's Spirit of Laws, To Which Are Annexed, Observations on the Thirty-First Book, by the late M. Condorcet: and Two Letters of Helvetius, On the Merits of the Same Work. 1811. Thomas Jefferson, tr.
David Hart's Annotated Bibliography illuminates Tracy's life and thought, including his public opposition both to the Napoleonic government and to the subsequent system of constitutional monarchy. He details Tracy's career in academia and politics, from Tracy's initial renouncing of his title, to his stint in prison, to his educational reforms, to his influence on the way worldwide constitutions and governments were and continue to be arranged. Hart describes how Tracy's own term "ideology" was turned against him by Napoleon and Marx, and places in context Tracy's other remarkable works.
Tracy's values of human equality and intellectual pursuit show through in every chapter of his work. His explanations are clever and clear, and include material on the benefits of specialization of labor, free trade, and even include an explanation of Ricardian equivalence (before Ricardo). Tracy's enthusiasm, creativity, and intellectual honesty are inspiring and thought-provoking throughout this fine work. Williamson, Oliver, The Economic Institutions of Capitalism Williamson, Oliver, Markets and Hierarchies |
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