Titlebook: Essays on the Economic Role of Government; Fundamentals Warren J. Samuels Book 1992 Palgrave Macmillan, a division of Macmillan Publishers

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Welfare Economics, Power and Propertyate and subtle than recent literature has allowed. Overall it was suggested that voluntary market exchange is both a partial emanation or dependent variable and an independent or determining or conditioning variable so far as certain interrelations between legal and economic processes are concerned.

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Interrelations between Legal and Economic Processessic legal-economic interrelationships hitherto given inadequate expression and attention. Such an identification should correct or preclude the attachment of simplistic nuances to the analysis of legal-economic processes, in part by establishing the greater complexity and intricacy of both the polic

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The Legal-Economic Nexusnd the ‘polity’. It is a distinction that roughly parallels that between ‘private’ and ‘public’. These distinctions have increasingly predominated thought and discourse since the Enlightenment, since the political theories of Hobbes, Locke, Pufendorf and Montesquieu, and since the economic theories

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Normative Premises in Regulatory Theoryof property rights and techniques of constrained maximization. They encompass such lines of reasoning as: (1) the view that the property right should be assigned to the party to whom it is the most valuable; (2) the view that the burden should be placed on the party best situated to solve the proble

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Regulation and Regulatory Reform: Some Fundamental Conceptionss with respect to which it is both a determined and determining (dependent and independent) variable. Regulation has a dual nature: it both controls and protects, it both restricts and enhances opportunity sets, typically for different persons in each instance. Accordingly regulation is a relative,

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Ecosystem Policy and the Problem of Powerally to say, so as to protect mankind against environmental disasters and to enable man to live in a comfortable symbiotic relationship with his metabolic and physical environment. The thrust of ecological concern is that man has abused and damaged his environment in ways and to an extent that can o

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An Economic Perspective on the Compensation Problemge from a perspective which is essentially normative. The relevant literature is directed largely towards the quest for principles, rules or tests,. and within each proffered solution is a set of judgements as to the propriety of compensation.. The purpose of this chapter is not normative, although

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