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Many legal scholars have already drawn attention to the fact that the operation of the market hinges on legal institutions that facilitate price discovery.
Katharina Pistor • The Code of Capital: How the Law Creates Wealth and Inequality
Teaching for People Who Prefer Not to Teach
Avec l’école de Fribourg de Walter Eucken et Franz Böhm, ils ont contribué à définir les fondements de la position néolibérale allemande. Müller-Armack est devenu professeur à l’université de Cologne en 1950 et il a pris en 1952 la tête du service chargé des politiques au sein du ministère de l’Économie d’Erhard.
Quinn Slobodian • Les Globalistes: Une histoire intellectuelle du néolibéralisme (French Edition)
financial capital, the intangible capital that exists only in law.
Katharina Pistor • The Code of Capital: How the Law Creates Wealth and Inequality
For centuries, private attorneys have molded and adapted these legal modules to a changing roster of assets and have thereby enhanced their clients’ wealth. And states have supported the coding of capital by offering their coercive law powers to enforce the legal rights that have been bestowed on capital.
Katharina Pistor • The Code of Capital: How the Law Creates Wealth and Inequality
In principle, any person can spend any amount of money, provided he has sought the necessary advice before making the decision; the larger the purchase, the more people are typically involved in the advice process.