Three Projects in the New Law and Finance

Awrey Dan ()
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Awrey Dan: Cornell University, Cornell Law School, Myron Taylor Hall, Ithaca, 14850, New York, US

Accounting, Economics, and Law: A Convivium, 2021, vol. 11, issue 1, 9-25

Abstract: This article is a review of Katharina Pistor’s book The Code of Capital: How the Law Creates Wealth and Inequality. Using modern derivatives markets as a case study, it explores the important contributions – and limits – of Professor Pistor’s story about the role of the law and lawyers as the master coders of capitalism. This exploration reveals three distinct projects: a historical coding project, an intellectual decoding project, and a policy-driven recoding project. The fact that these projects are so intricately intertwined posed unique challenges for scholars, but also holds out a potential blueprint for a new law and finance.

Keywords: law and finance; legal theory of finance; derivatives (search for similar items in EconPapers)
JEL-codes: G G2 G20 K K0 K2 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)

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DOI: 10.1515/ael-2020-0069

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