Law and the Invisible Hand - A Theory of Adam Smith''s Jurisprudence

A contemporary interpretation of Adam Smith's work on jurisprudence, revealing Smith's belief that progress emerges from cooperation and a commitment to justice.

List of contents

1. Introduction: law's invisible hand; 2. Setting the stage; 3. Social organization in the informal realm; 4. Social organization in the formal realm; 5. Integrating the informal and formal in Smith's theory; 6. The spectator view; 7. Judgment and justice; 8. The sentiment of common interest; 9. The impartial spectator, homo-economicus and homo-identicus; 10. Understanding the four stages of progress; 11. Adam Smith in American law; 12. Parting thoughts.

About the author

Robin Paul Malloy is the E. I. White Chair and Distinguished Professor of Law, and a Kauffman Professor of Entrepreneurship and Innovation at Syracuse University College of Law. He is a leading expert on market jurisprudence, property, real estate development, and land use regulation. Malloy has published numerous books and scholarly articles. This is his fourth book with Cambridge University Press.

Summary

A contemporary interpretation of Adam Smith's work on jurisprudence, revealing Smith's belief that progress emerges from cooperation and a commitment to justice. In Smith's theory, the tension between self–interest and the interests of others is mediated by law, so that the common interest of the community can be promoted.

Product details

• Authors: Robin Paul Malloy, Robin Paul (Syracuse University Malloy
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Hardback
• Released: 31.10.2021
• EAN: 9781108836630
• ISBN: 978-1-108-83663-0
• No. of pages: 225
• Subjects: Social sciences, law, business > Law > Miscellaneous; Business & Economics / General, Economics, finance, business & management, LAW / Jurisprudence, Jurisprudence & general issues, Jurisprudence and general issues, Economics, finance, business and management