EconPapers    
Economics at your fingertips  
 

Legal Practice and Economic Adaptation

Mark White
Additional contact information
Mark White: White & Associates

Economic History from University Library of Munich, Germany

Abstract: Common Law, as practiced around the world, permits what it doesn't prohibit. Compared to Roman Law practice, which prohibits what it doesn't permit, the Common Law makes economic innovation easy. Easy economic innovation, in turn, promotes rapid economic adaptation -- broad technological improvements in goods, services, and processes. Since faster economic adaptation rates in Common Law countries stem from the Common Law's prior permission, Roman Law countries could raise their economic adaptation rates by adopting a similar stance.

JEL-codes: K (search for similar items in EconPapers)
Date: 1997-03-25
Note: see http://www.geocities.com/wallstreet/7891 for more info
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/eh/papers/9703/9703001.html (text/html)
https://econwpa.ub.uni-muenchen.de/econ-wp/eh/papers/9703/9703001.doc.gz (application/msword)
https://econwpa.ub.uni-muenchen.de/econ-wp/eh/papers/9703/9703001.pdf (application/pdf)
https://econwpa.ub.uni-muenchen.de/econ-wp/eh/papers/9703/9703001.ps.gz (application/postscript)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpeh:9703001

Access Statistics for this paper

More papers in Economic History from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().

 
Page updated 2018-07-21
Handle: RePEc:wpa:wuwpeh:9703001