Property and Contract in Their Relations to the Distribution of Wealth

E325614

book treatise work of institutional economics

Property and Contract in Their Relations to the Distribution of Wealth is a foundational early-20th-century treatise in institutional economics that analyzes how legal concepts of property and contract shape the distribution of income and wealth in society.

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Label	Occurrences
Property and Contract in Their Relations to the Distribution of Wealth canonical	1

Statements (49)

Predicate	Object
instanceOf	book ⓘ treatise ⓘ work of institutional economics ⓘ
academicDiscipline	economics ⓘ institutional economics ⓘ law and economics ⓘ
analyzes	legal concept of contract ⓘ legal concept of property ⓘ role of the state in defining property rights ⓘ role of the state in enforcing contracts ⓘ
argues	contract freedom is limited by social policy ⓘ distribution of wealth depends on legal rules ⓘ property and contract are social institutions ⓘ property rights are historically contingent ⓘ
author	Richard T. Ely ⓘ Richard T. Ely ⓘ surface form: Richard Theodore Ely
countryOfOrigin	United States of America ⓘ surface form: United States
critiques	laissez-faire concept of absolute property rights ⓘ purely individualistic view of contract ⓘ
describes	how contract law influences bargaining power ⓘ how legal rules shape income distribution ⓘ how property rights affect wealth distribution ⓘ
focusesOn	institutional structure of the economy ⓘ interaction between law and economic outcomes ⓘ social consequences of legal doctrines ⓘ
historicalContext	Progressive Era ⓘ surface form: Progressive Era in the United States
influencedDiscipline	economic sociology ⓘ institutional economics ⓘ law and economics ⓘ
intendedAudience	economists ⓘ legal scholars ⓘ policy makers ⓘ
language	English ⓘ
mainSubject	contract law ⓘ distribution of income ⓘ distribution of wealth ⓘ economic institutions ⓘ legal foundations of capitalism ⓘ property rights ⓘ social control of property ⓘ
periodDescribed	early 20th century capitalism ⓘ
publicationCentury	20th century ⓘ
relatedWorkOfAuthor	Outlines of Economics ⓘ Studies in the Evolution of Industrial Society ⓘ
supports	greater social control over property ⓘ reform of legal institutions to improve distribution ⓘ
theoreticalApproach	historical ⓘ institutionalist ⓘ legal-economic analysis ⓘ

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Richard T. Ely → notableWork → Property and Contract in Their Relations to the Distribution of Wealth ⓘ