Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange - Hardcover

Richman, Barak D.

 
9780674972179: Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange

Inhaltsangabe

How does Manhattan's 47th Street diamond district thrive as an ethnic marketplace without lawyers, courts, and state coercion? Barak Richman draws on insider interviews to show why relational exchange based on familiarity, trust, and community enforcement succeeds and what it reveals about the modern state's limitations in governing the economy.

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Über die Autorin bzw. den Autor

Barak D. Richman is Edgar P. and Elizabeth C. Bartlett Professor of Law and Business Administration at Duke University School of Law.

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