Rules for a Flat World

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Oxford University Press, Oct 3, 2016 - Business & Economics - 320 pages
Technology and globalization are uprooting and reshaping daily life. Global supply chains are now deeply embedded, and digital platforms connect almost everyone in complex networks of data and exchange. This "flat world" is one of tremendous possibility, but it also poses challenges to stability and shared prosperity. In Rules for a Flat World, Gillian Hadfield argues that the legal rules that currently guide global integration are no longer working. They are too slow, costly, and localized for increasingly complex advanced economies, and fail to address issues such as poverty, instability, and oppression for the billions living in the developing world. Hadfield proposes a new set of rules that enhance complex societies and economic interdependence and makes the case for building a more agile infrastructure. In this paperback edition, she presents a new prologue to her sweeping historical overview and vision of the relationship between law and economic and social prosperity.
 

Contents

Introduction
1
Why Did Humans Invent Law?
15
Global Economic Complexity Whats Law Got to Do with It?
81
Harnessing Markets for Legal Innovation
197
Global Legal Innovation
279
Notes
355
Index
371
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About the author (2016)

Gillian Hadfield is the Daniel R. Fischel and Sylvia M. Neil Distinguished Visiting Professor of Law at the University of Chicago, and the Richard L. and Antoinette Kirtland Professor of Law and Professor of Economics at the University of Southern California. She is the Director of the USC Center for Law and Social Science, and is a member of the Global Future Council on the Future of Technology, Values and Policy for the World Economic Forum.

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