Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange (Hardcover) (ISBN-13: 9780674972179)

How does Manhattan's 47th Street diamond district thrive as an ethnic marketplace without lawyers, courts, and state coercion? Barak Richman draws on insider interviews to show why relational exchange based on familiarity, trust, and community enforcement succeeds and what it reveals about the modern state's limitations in governing the economy.

Author: Barak D. Richman
ISBN-10: 0674972171
ISBN-13: 9780674972179
Publisher: Harvard University Press
Language: English
Published: 06/19/2017
Pages: 240
Format: Hardcover
Weight: 1.10lbs
Size: 9.50h x 6.40w x 0.90d

Review Citation(s):
Choice 01/01/2018