Even the simplest exchange relationships depend on legal categories, like property, contract, agency, and tort. As political communities develop, they shape “market” relations in myriad ways: law defines what can be traded as a commodity, what counts as a medium, what forms of wealth can be claimed, alienated, and inherited, and how capital changes hands and crosses borders. In this reading group, we consider how a variety of economic development strategies are institutionalized in law. We compare the approaches adopted by various governments, interested groups, and individuals, how those approaches are conceptualized by economists, lawyers, and other experts, and how international organizations have debated, contested, or enabled those approaches. We will pay particular attention to critical approaches to law and development, with Professor Duncan Kennedy participating as a third faculty discussant in the reading group.
Note: This reading group will meet on the following dates: 9/12, 9/26, 10/17, 11/7, 11/21, 12/5.
Drop Deadline: September 13, 2017 by 11:59pm EST