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Stateless Commerce

Summary:
Barack Richman's new book is an outstanding work on the analytics and empirical examination of comparative institutions of governance, and in particular the private governance of diamond trade in NYC.  I cannot recommend this book highly enough.  We just had a great book panel discussion on it, and along with the work of Pete Leeson, David Skarbek, Edward Stringham, etc., this is a foundational work in the field of governance and the political economy of everyday life. [embedded content]

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Barack Richman's new book is an outstanding work on the analytics and empirical examination of comparative institutions of governance, and in particular the private governance of diamond trade in NYC.  I cannot recommend this book highly enough.  We just had a great book panel discussion on it, and along with the work of Pete Leeson, David Skarbek, Edward Stringham, etc., this is a foundational work in the field of governance and the political economy of everyday life.

Peter Boettke
Peter Joseph Boettke (January 3, 1960) is an American economist of the Austrian School. He is currently a University Professor of Economics and Philosophy at George Mason University; the BB&T Professor for the Study of Capitalism, Vice President for Research, and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.

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