In Law in a Market Context Robin Paul Malloy examines the way in which people, as social beings, experience the intersection of law, markets, and culture. His work recognizes that experience varies by such characteristics as culture, race, gender, age, and class, among others. Thus, market analysis must account for these variations. Through case examples, illustrative fact patterns, and problems based on hypothetical situations he demonstrates the implications and the ambiguities of law in a market society. In his analysis he provides a complete and accessible introduction to a vast array of economic terms, concepts, and ideas - making this book a valuable primer for anyone interested in understanding the use of market concepts in legal reasoning.
• Discussion problems at the end of each chapter • Provides a clear explanation and description of numerous economic terms and concepts - expressed to be accessible to the non-economist • Numerous illustrations and examples, including discussion of case opinions
Preface; Acknowledgements; Notes on citations; Table of cases; Introduction; 1. Understanding the contested meaning of markets; 2. The law and market economy framework; 3. Market concepts of exchange; 4. Additional economic concepts for law and market economy; 5. The not-for-profit exchange context; 6. Parting thoughts; Index.
'In Law in a Market Context, Robin Paul Malloy has effected an important, innovative, and thorough reinterpretation of the dominant model of law and economics by 'reframing' the market and exchange processes in terms of creativity, discovery, and community. As someone who writes in the areas of critical race and feminist theory, I find Malloy's approach to be particularly useful because it provides critical scholars who are concerned with issues of social justice and equality with a new and theoretically sophisticated way to understand and reckon with the market. Law in a Market Context should find its way on to every critical scholar's reading list.' Professor Emily Houh, University of Cincinnati, USA
'Professor Malloy builds a strong and long-needed bridge between humanistic and economic approaches to the study of law. Malloy humanizes market analysis by showing how our conceptions of markets are structured by cultural values. As a law professor and an economist I recommend this book to lawyers, judges, policymakers, and academics who want to sharpen their critiques of market thinking, as well as those who want to be better armed in the defense of markets.' Professor Shubha Ghosh, State University of New York, Buffalo