Read more
In the paperback edition of
Rules for a Flat World, economist and legal scholar Gillian Hadfield provides an updated prologue to her sweeping historical overview and reimagining of the relationship between law and economic and social prosperity. Hadfield argues for a return to first principles in building the new systems of rules we need to ensure that powerful new technologies like machine learning and globally-integrated digital societies make us all better off.
List of contents
- Preface
- Chapter 1: Rethinking what we mean by law
- Chapter 2: The invention of law
- Chapter 3: Law and the dancing landscape
- Chapter 4: The birth of modern legal infrastructure
- Chapter 5: Building a stable platform for complexity
- Chapter 6: The flat world
- Chapter 7: The limits of complexity and the cost of law
- Chapter 8: Problem-solving through markets
- Chapter 9: Markets for lawyers
- Chapter 10: Markets for rules
- Chapter 11: Life in the BoP
- Chapter 12: Building law for the BoP
- Chapter 13: Global markets for BoP legal infrastructure
- Conclusion
About the author
Gillian K. Hadfield holds the Schwartz Reisman Chair in Technology and Society, and is Professor of Law, and Professor of Strategic Management at the University of Toronto. She serves as Director of the Schwartz Reisman Institute for Technology and Society and is Faculty Affiliate at the Vector Institute for Artificial Intelligence and Senior Policy Advisor at OpenAI. She has served on the Councils on Agile Governance; Values, Policy, and Technology; and Justice for the World Economic Forum.
Summary
Technology and globalization are uprooting and reshaping daily life. Global supply chains are now deeply embedded, and digital platforms connect almost everyone in complex networks of data and exchange. This "flat world" is one of tremendous possibility, but it also poses challenges to stability and shared prosperity. In Rules for a Flat World, Gillian Hadfield argues that the legal rules that currently guide global integration are no longer working. They are too slow, costly, and localized for increasingly complex advanced economies, and fail to address issues such as poverty, instability, and oppression for the billions living in the developing world. Hadfield proposes a new set of rules that enhance complex societies and economic interdependence and makes the case for building a more agile infrastructure. In this paperback edition, she presents a new prologue to her sweeping historical overview and vision of the relationship between law and economic and social prosperity.
Additional text
Rules for a Flat World brings crucial new insights to longstanding problems. Gillian Hadfield, a leading economist and legal scholar, offers an original and compelling account of how to reconstruct the regulatory structures necessary for a complex global economy. This book is essential reading for anyone concerned with fostering innovative and cost- effective legal institutions."
