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Did Slavery Pay? Readings in the Economics of Black Slavery in the United States.
Hugh G. J., Comp. Aitken Manufacturer: Houghton Mifflin Co ProductGroup: Book Binding: Paperback ASIN: 0395120799 |
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Simple Rules for a Complex World
Richard A. Epstein Manufacturer: Harvard University Press ProductGroup: Book Binding: Paperback ASIN: 0674808215 |
Book Description
Too many laws, too many lawyers--that's the necessary consequence of a complex society, or so conventional wisdom has it. Countless pundits insist that any call for legal simplification smacks of nostalgia, sentimentality, or naiveté. But the conventional view, the noted legal scholar Richard Epstein tells us, has it exactly backward. The richer texture of modern society allows for more individual freedom and choice. And it allows us to organize a comprehensive legal order capable of meeting the technological and social challenges of today on the basis of just six core principles. In this book, Epstein demonstrates how.
The first four rules, which regulate human interactions in ordinary social life, concern the autonomy of the individual, property, contract, and tort. Taken together these rules establish and protect consistent entitlements over all resources, both human and natural. These rules are backstopped by two more rules that permit forced exchanges on payment of just compensation when private or public necessity so dictates. Epstein then uses these six building blocks to clarify many intractable problems in the modern legal landscape. His discussion of employment contracts explains the hidden virtues of contracts at will and exposes the crippling weaknesses of laws regarding collective bargaining, unjust dismissal, employer discrimination, and comparable worth. And his analysis shows how laws governing liability for products and professional services, corporate transactions, and environmental protection have generated unnecessary social strife and economic dislocation by violating these basic principles.
Simple Rules for a Complex World offers a sophisticated agenda for comprehensive social reform that undoes much of the mischief of the modern regulatory state. At a time when most Americans have come to distrust and fear government at all levels, Epstein shows how a consistent application of economic and political theory allows us to steer a middle path between too much and too little.
Customer Reviews:
Complex.......2006-03-06
A brilliantly argued fix for our legal system and society.......2003-11-21
- Self-ownership: Each person owns himself and his labor
- First possession: Property is created, and owned, by the first person that uses it.
- Voluntary exchange
- Protection against agression
- Limited privilege in cases of necessity
- Just compensation when taking private property for public use
Based on these six rules, he then proceeds to analyze existing law, which in many instances harms society instead of protecting it or maximizing gains. These areas include labor laws, environmental legislation, consumer protection, liability, employment discrimination, and many more. Time after time the current system is found wanting.
This book is an indispensable tool in understanding how laws should be made, and guides us back to the kind of society our founders envisioned - a society of free people, able to make their own decisions, free to contract, and free of the yoke of an intrusive and tyrannical state.
Cost-benefit analysis in defense of liberty?.......2001-05-23
In order to elaborate this thesis, he spells out just what he means by "simple," proposes a handful of simple rules himself in various areas of law (property, contracts, torts), and shows how they play out in action (in, e.g., labor contracting, employment discrimination, and products liability). In each case he argues, with much success, that it just wouldn't be efficient to try to improve on the results provided by the "simple" rules.
I especially recommend this book, and Epstein's work generally, to law students. Epstein's knowledge of the law is thorough and deep; One-Ls will find it useful to keep it handy for the whole year.
So why only four stars? Partly because I think cost-benefit analysis is neither an adequate defense of liberty against the regulatory State nor an adequate foundation for law; and partly because Epstein's reliance on such analysis leads him toward (though he stops short of actually arriving at) positions I regard as non- or anti-libertarian.
This review isn't the place to critique consequentialism; for a more or less standard and (I think) decisive critique, the reader is referred to W.D. Ross's _Foundations of Ethics_, which, after sixty-odd years, is still one of the most judicious works on ethics ever written. Suffice it to say that I think we can increase efficiency by pursuing justice, but not vice versa; consequentialism and its subspecies utilitarianism seem to me to be not so much ways of answering moral questions as of never raising them. The "maximization" of happiness is one ground of moral obligation, but not the only one. (And in general, I simply fail to understand recent libertarian interest in an ethical school founded by a man who regarded natural rights as "nonsense" and imprescriptible natural rights as "nonsense upon stilts.")
More serious, from a libertarian point of view, is that Epstein comes within inches of allowing a positive role for antitrust law. Now, mind you, he doesn't _quite_ do so. Indeed he calls for the repeal of the Sherman Act and related legislation, and he opposes the use of government power to distinguish between "corporate combinations that increase market competition" (p. 125) from those that do otherwise. (Note that his understanding of "competition" is thoroughly Chicago-school, a point for which Austrian theorists have quite properly taken him to task.)
Yet his only ground for this latter opposition is merely that government agencies can't _tell_ which are which. Some corporate mergers, he says, may actually increase efficiency. Well, what about those that don't? Is he opposed in principle to such "inefficient" mergers? Would it be okay if the government stepped in to kill a merger that _was_ clearly "inefficient" by Epstein's standards? Or does he think there would be something morally wrong with outlawing certain uses of people's justly acquired property merely because somebody can think of a more "efficient" use?
Unfortunately Epstein's consequentialist approach prevents him from giving the standard libertarian answer. It seems that, for him, the rights of property and trade are dependent not merely on their promotion of "happiness" but, more specifically, on their service to the aggregate good -- where, most significantly, this "good" is apparently defined quite independently of justice.
So I have to knock off one star for inadequate moral foundations. But don't let that stop you from reading the book: Epstein's cost-benefit approach is solid as far as it goes. It just doesn't go far enough.
Not So Simple.......2001-02-07
An outline for reforming U.S. civil law.......2001-01-29
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Simple Rules for a Complex World. (book reviews): An article from: Michigan Law Review
Heidi Li Feldman Manufacturer: Michigan Law Review Association ProductGroup: Book Binding: Digital ASIN: B00096M4X6 Release Date: 2005-07-28 |
Book Description
This digital document is an article from Michigan Law Review, published by Michigan Law Review Association on May 1, 1996. The length of the article is 6835 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Simple Rules for a Complex World. (book reviews): An article from: Trial
Charles W. Chesbro Manufacturer: Association of Trial Lawyers of America ProductGroup: Book Binding: Digital ASIN: B00093SYTM Release Date: 2005-07-28 |
Book Description
This digital document is an article from Trial, published by Association of Trial Lawyers of America on December 1, 1995. The length of the article is 885 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Simple Rules for a Complex World.: An article from: Yale Law Journal
Jill Elaine Hasday Manufacturer: Yale University, School of Law ProductGroup: Book Binding: Digital ASIN: B00093T6QM Release Date: 2005-07-28 |
Book Description
This digital document is an article from Yale Law Journal, published by Yale University, School of Law on January 1, 1996. The length of the article is 2858 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Simple Rules of a Complex World. (book reviews): An article from: Southern Economic Journal
Donald J. Boudreaux Manufacturer: Southern Economic Association ProductGroup: Book Binding: Digital ASIN: B00097MOXU Release Date: 2005-07-28 |
Book Description
This digital document is an article from Southern Economic Journal, published by Southern Economic Association on April 1, 1997. The length of the article is 1475 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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The Industrial Age: Economy and Society in Britain 1750-1995
Charles More Manufacturer: Addison Wesley Publishing Company ProductGroup: Book Binding: Hardcover ASIN: 0582277663 |
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Waltzing With the Ghost of Tom Joad: Poverty, Myth, and Low-Wage Labor in Oklahoma
Robert Lee Maril Manufacturer: University of Oklahoma Press ProductGroup: Book Binding: Paperback ASIN: 0806134283 |
Book Description
In Oklahoma, eighth-poorest state in the nation, poverty is a pressing social problem. Even so, Robert Lee Maril's Waltzing with the Ghost of Tom Joad is the first comprehensive analysis of poverty in the state.Skillfully combining ethnography with statistical analysis, Maril portrays the lives of poverty-stricken Oklahomans, many of them children, minorities, and the elderly. Exploring myths about the poor and discussing the facts behind these myths, Maril discusses the real causes of poverty in the state, especially low-wage labor. He concludes by presenting a public-policy agenda that would benefit the poor directly and, in so doing, improve the lives of all Oklahomans.
Customer Reviews:
i'm in this book.......2001-09-20
Still poor after all these years.......2001-02-17
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Waltzing with the Ghost of Tom Joad: Poverty, Myth, and Low-Wage Labor in Oklahoma. (Book Reviews). (book review): An article from: Journal of Economic Issues
William M. Duggar Manufacturer: Association for Evolutionary Economics ProductGroup: Book Binding: Digital ASIN: B0008ILO4K Release Date: 2005-07-28 |
Book Description
This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on December 1, 2001. The length of the article is 1304 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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After slow start, online advertising is gaining converts.(Up Front): An article from: San Fernando Valley Business Journal
Slav Kandyba Manufacturer: CBJ, L.P. ProductGroup: Book Binding: Digital ASIN: B00082RL6G Release Date: 2005-07-31 |
Book Description
This digital document is an article from San Fernando Valley Business Journal, published by CBJ, L.P. on June 21, 2004. The length of the article is 819 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Ask Andi?(smal BUSINESS ZONE)(web marketing): An article from: Westchester County Business Journal
Andi Gray Manufacturer: Westfair Communications, Inc. ProductGroup: Book Binding: Digital ASIN: B000ALUM8Y Release Date: 2005-07-25 |
Book Description
This digital document is an article from Westchester County Business Journal, published by Westfair Communications, Inc. on November 29, 2004. The length of the article is 1059 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Caught in the advertising web.(Sports Biz): An article from: ColoradoBiz
Stewart Schley Manufacturer: Wiesner Publications, Inc. ProductGroup: Book Binding: Digital ASIN: B00082UMNA Release Date: 2005-08-01 |
Book Description
This digital document is an article from ColoradoBiz, published by Wiesner Publications, Inc. on July 1, 2004. The length of the article is 788 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Counting eyeballs tougher in digital world.(HIGH TECH AND HOLLYWOOD) : An article from: Los Angeles Business Journal
Hilary Potkewitz Manufacturer: Thomson Gale ProductGroup: Book Binding: Digital ASIN: B000EQIIJA Release Date: 2006-02-28 |
Book Description
This digital document is an article from Los Angeles Business Journal, published by Thomson Gale on January 30, 2006. The length of the article is 722 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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First ever organ transplant brokered by an Internet company causes stir in US transplant community.: An article from: Transplant News
Manufacturer: Transplant Communications, Inc. ProductGroup: Book Binding: Digital ASIN: B0009738XA Release Date: 2006-07-14 |
Book Description
This digital document is an article from Transplant News, published by Transplant Communications, Inc. on October 30, 2004. The length of the article is 851 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Good, bad and ugly trends pop up with online advertising.(Focus: advertising/printing/public relations): An article from: Mississippi Business Journal
Becky Gillette Manufacturer: Venture Publications ProductGroup: Book Binding: Digital ASIN: B00082IEHG Release Date: 2005-07-31 |
Book Description
This digital document is an article from Mississippi Business Journal, published by Venture Publications on April 26, 2004. The length of the article is 922 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Interactive ad revenues soar 33 percent.(Focus: MIDYEAR REVIEW)(Internet Advertising ): An article from: Westchester County Business Journal
Manufacturer: Westfair Communications, Inc. ProductGroup: Book Binding: Digital ASIN: B000ALUV08 Release Date: 2005-07-25 |
Book Description
This digital document is an article from Westchester County Business Journal, published by Westfair Communications, Inc. on June 27, 2005. The length of the article is 600 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Local searches breaking down resistance to Internet ad sales.(MEDIA) : An article from: Los Angeles Business Journal
Deborah Crowe Manufacturer: Thomson Gale ProductGroup: Book Binding: Digital ASIN: B000BY2Q9S Release Date: 2005-11-01 |
Book Description
This digital document is an article from Los Angeles Business Journal, published by Thomson Gale on October 3, 2005. The length of the article is 1065 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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MARKET RESEARCH.(Industry Trend or Event): An article from: EDP Weekly's IT Monitor
Manufacturer: Millin Publishing, Inc. ProductGroup: Book Binding: Digital ASIN: B000997TNS Release Date: 2005-07-28 |
Book Description
This digital document is an article from EDP Weekly's IT Monitor, published by Millin Publishing, Inc. on November 15, 1999. The length of the article is 1065 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Marketing firms better get tech savvy or risk getting left behind: Web 2.0, the evolution of sites controlled by the user, is ready to explode.(Economic ... An article from: San Diego Business Journal
Jessica Long Manufacturer: Thomson Gale ProductGroup: Book Binding: Digital ASIN: B000R4YQDQ Release Date: 2007-05-22 |
Book Description
This digital document is an article from San Diego Business Journal, published by Thomson Gale on January 1, 2007. The length of the article is 1164 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Perfect Money Planning: A Proven, Easy-To-Follow, Comprehensive Plan for Achieving Financial Stability and Accumulating Personal Wealth
David J. Dionisi , and Davidj Dionisi Manufacturer: Taylor Publishing Company (TX) ProductGroup: Book Binding: Paperback ASIN: 0878338853 |
Customer Reviews:
Informative finace book, in simple turms........1999-05-31
Incredible book that explained complex ideas for me........1998-10-22
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