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Hartmut Kliemt Recommends “Violence and Social Orders” by Douglass C. North, John Joseph Wallis, and Barry R. Weingast

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Abstract

Violence and Social Orders reminds economists that the free markets of Western open-access societies that extend “stability of possession, its transference by consent and the execution of promises” to large numbers of citizens are political institutions. In a world in which the use of violence in furthering the interests of particular groups is always an option, the nonpartisan enforcement and prevalence of the legal conventions of natural law that are constitutive of the private contract society is a truly astonishing phenomenon: real politics creates a non-political sphere.

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  • North, D. C., Wallis, J. J., & Weingast, B. R. (2009). Violence and social orders. Cambridge: Cambridge University Press.

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Kliemt, H. (2019). Hartmut Kliemt Recommends “Violence and Social Orders” by Douglass C. North, John Joseph Wallis, and Barry R. Weingast. In: Frey, B., Schaltegger, C. (eds) 21st Century Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-17740-9_30

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