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Odd Markets in Japanese History
Law and Economic Growth

Part of Political Economy of Institutions and Decisions

  • Date Published: February 2011
  • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • format: Adobe eBook Reader
  • isbn: 9780511835681

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  • Employing a rational-choice approach, Professor Ramseyer studies the impact of Japanese law on economic growth in Japan. Toward that end, the author investigates the way law governed various markets and the way that people negotiated contracts within those markets. For much of the period at stake, the Japanese government was an oligarchy rather than a democracy; the judges operated a civil rather than common law regime; the economy grew modestly but erratically; and social customs changed rapidly and radically. As a result, this study applies an economic logic, but to markets in a vastly different world, in a different historical period, and with a different political regime and legal system. Findings reveal that the legal system generally promoted mutually advantageous deals, and that people generally negotiated in ways that shrewdly promoted their private best interests. Whether in the markets for indentured servants, prostitutes, or marriage partners, Odd Markets in Japanese History reports little evidence of either age- or gender- related exploitation.

    • Ties legal change in Japan to economic growth
    • Uses economic (rational actor) model to understand Japanese law
    • Challenges general exploitation and feminist accounts of pre-war Japan
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    Product details

    • Date Published: February 2011
    • format: Adobe eBook Reader
    • isbn: 9780511835681
    • contains: 18 tables
    • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • Table of Contents

    List of tables
    Series editor's preface
    Acknowledgements
    Introduction
    1. Law and economic growth
    2. Property: water and land
    3. Externalities: smoke and noise
    4. Markets: children
    5. Autonomy: family law
    6. Promissory credibility: sex
    7. Cartels: cotton spinning
    8. Conclusions
    References
    Index.

  • Author

    J. Mark Ramseyer, University of Chicago

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