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100   $a20110825d2012      uy         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aSolomon's knot $ehow law can end the poverty of nations /$fRobert D. Cooter, Hans-Bernd Schafer
205   $aCourse Book
210   $aPrinceton $cPrinceton University Press$dc2012
215   $a1 online resource (343 p.)
225 0 $aThe Kauffman Foundation Series on Innovation and Entrepreneurship
225  0$aKauffman Foundation series on innovation and entrepreneurship
300   $aDescription based upon print version of record.
311   $a0-691-15971-8 
311   $a0-691-14792-2 
320   $aIncludes bibliographical references (p. 299-311) and index.
327   $tFrontmatter --$tContents --$tPreface --$tAcknowledgments --$tChapter 1. It's about the Economy --$tChapter 2. The Economic Future of the World --$tChapter 3. The Double Trust Dilemma of Development --$tChapter 4. Make or Take --$tChapter 5. The Property Principle for Innovation --$tChapter 6 Keeping What You Make-Property Law --$tChapter 7 Doing What You Say-Contracts --$tChapter 8. Giving Credit to Credit-Finance and Banking --$tChapter 9. Financing Secrets-Corporations --$tChapter 10. Hold or Fold-Financial Distress --$tChapter 11. Termites in the Foundation-Corruption --$tChapter 12. Poverty Is Dangerous-Accidents and Liability --$tChapter 13. Academic Scribblers and Defunct Economists --$tChapter 14. How the Many Overcome the Few --$tChapter 15. Legalize Freedom-Conclusion --$tNotes --$tBibliography --$tIndex
330   $aSustained growth depends on innovation, whether it's cutting-edge software from Silicon Valley, an improved assembly line in Sichuan, or a new export market for Swaziland's leather. Developing a new idea requires money, which poses a problem of trust. The innovator must trust the investor with his idea and the investor must trust the innovator with her money. Robert Cooter and Hans-Bernd Schäfer call this the "double trust dilemma of development." Nowhere is this problem more acute than in poorer nations, where the failure to solve it results in stagnant economies. In Solomon's Knot, Cooter and Schäfer propose a legal theory of economic growth that details how effective property, contract, and business laws help to unite capital and ideas. They also demonstrate why ineffective private and business laws are the root cause of the poverty of nations in today's world. Without the legal institutions that allow innovation and entrepreneurship to thrive, other attempts to spur economic growth are destined to fail.
410  4$aThe Kauffman Foundation Series on Innovation and Entrepreneurship
606   $aEconomic development
606   $aLaw and economics
606   $aLaw$xEconomic aspects
606   $aPoverty
615  0$aEconomic development.
615  0$aLaw and economics.
615  0$aLaw$xEconomic aspects.
615  0$aPoverty.
676   $a343/.07
700   $aCooter$b Robert$0241090
701   $aScha?fer$b Hans-Bernd$0559464
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910818661103321
996   $aSolomon's knot$93992529
997   $aUNINA