Description

Book Synopsis
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.

Trade Review
Through the eternally fascinating lens of the diamond trade, Richman explores the potential, and the shortcomings, of stateless commerce. A solid synthesis and weighty contribution. -- Robert C. Ellickson, Yale Law School
Offers new observations and insights into this fascinating world. -- Lee K. Benham * Independent Review *

Stateless Commerce

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    A Hardback by Barak D. Richman

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      View other formats and editions of Stateless Commerce by Barak D. Richman

      Publisher: Harvard University Press
      Publication Date: Publication Date: 19/06/2017
      ISBN13: 9780674972179, 978-0674972179
      ISBN10: 0674972171

      Description

      Book Synopsis
      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.

      Trade Review
      Through the eternally fascinating lens of the diamond trade, Richman explores the potential, and the shortcomings, of stateless commerce. A solid synthesis and weighty contribution. -- Robert C. Ellickson, Yale Law School
      Offers new observations and insights into this fascinating world. -- Lee K. Benham * Independent Review *

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