DECO 25A37 - Law and Political Economy: an Introduction

This seminar presents and discusses the key institutions that govern market economies, seen as political and legal constructs. The focus is on core institutions like private property rights and its alternatives, all sorts of debts, wage labour and its variants or the architecture of individual markets (like those for global commodities or microcredit). A lot of attention is given to State institutions, including indeed the courts and the law, though non-State actors also play a great role in the regulation and maintenance of markets. Their mutual relations are of course of major interest. Every lecture is based on examples drawn from either developed or developing countries, today or in the more or less distant past. Students will have to read an article or a book chapter (sometimes two), which will be available in advance.

Jérôme SGARD

Séminaire

English

Autumn 2023-2024

A mid-term essay, 70% of final mark. A final exam, 30%.