Law is supposed to encourage innovation, morality, and conformity with societal expectations, yet it may provides perverse incentives causing individuals, or even the State, to act in discordant, inefficient, and even immoral ways. This book will explore the inefficiencies that are created that serve to deny individuals work and shelter in a haphazard and capricious manner. The author examines property rights, including eminent domain, that lets the State take property away with seemingly arbitrary compensation to the owner.
Individuals must understand both civil law, codified by statutes, and common law, enshrined in precedential judicial decisions. This book is written for economists and non-economists and has an extensive glossary of economic, political and legal terms. Two items that are not formally treated in other economics of law textbooks are the legal organization of businesses and tax law from an economics perspective.
By:
Zagros Madjd-Sadjadi Imprint: Business Expert Press Country of Publication: United States Dimensions:
Height: 228mm,
Width: 152mm,
Spine: 11mm
Weight: 290g ISBN:9781606495841 ISBN 10: 1606495844 Pages: 210 Publication Date:30 November 2015 Audience:
Professional and scholarly
,
Undergraduate
Format:Paperback Publisher's Status: Active
Zagros Madjd-Sadjadi, Professor of Economics and Chair of the Department of Economics and Finance, Winston-Salem State University, North Carolina, USA.