• 00:00    |    
    Initial credits
  • 00:06    |    
  • 02:48    |    
    Relationship between Law and Economics
    • Economic reasoning
    • Importance of policy values
  • 10:08    |    
    China and India's policies
  • 14:23    |    
    Lineal and exponential growth
    • Examples of growth
    • Ideas of Robert Lucas
  • 18:06    |    
    Wealth and poverty paradigm
  • Relationship between law and economic growth
  • 21:39    |    
    Personal business experience
    • Double trust dilemma
    • Venture structure
    • Failed ventures
  • 37:07    |    
    Types of innovation
    • Technological
    • Organizational
    • Goods and services market
  • 41:19    |    
    Legal foundations
    • Business organization
    • Finance and contracts
    • Property and bankruptcy
  • 44:57    |    
    Reading recommendations
  • 45:50    |    
    Question and answer period
    • What examples could you give to us about innovation?
    • Comment: It is important to create the need and the good
  • 50:10    |    
    Final credits

Introduction to Law and Growth Economics

New Media  | 28 de mayo de 2014  | Vistas: 90

Robert Cooter points out the legal foundations for a appropriate business environment, in which organizations can make correct evaluations in market and defined property rights. Also, he expounds the relationship between law and economic growth, economic reasoning and policy values. Cooter shows an example of this relation with the cases of China and India's economy in the last decades, and discuss the differences between lineal and exponential growth in countries with similar legal policies. He shares his experience as an entrepreneur, giving the main structure and process of a normal venture nowadays and the common mistakes young businessmen usually make. At the end, Cooter concludes with the three types of legal innovation for growing economy.


Robert Cooter is the Herman F. Selvin Professor at the University…