Private Governance: Creating Order in Economic and Social Life

Synopsis

From The World's First Stock Markets In The Seventeenth Century, To Private Policing In The Early Days Of San Francisco, To The Millions Of Credit Card Transactions And The Complex Financial Markets Governed By Private Rules Today, 'private Governance' Makes The Case That Private Rules And Regulations Are More Common, Effective, And Promising Than Most Of Us Believe. Analytical Narratives Weave Together History And Economics To Show Readers How Private Governance Works. Why Private Governance? -- Privately Governed Markets In History And Modern Times -- Lessons Of Private Governance. Edward Peter Stringham. Includes Bibliographical References (pages 239-267) And Index.