Kaushik Basu’s The Republic of Beliefs: A New Approach to Law and Economics
From brilliant Kaushik Basu’s The Republic of Beliefs: A New Approach to Law and Economics,
“For the law to develop roots and the rule of law to prevail requires ordinary people to belief in the law; and to believe that others believe in the law. Such beliefs and meta-beliefs can take very long to get entrenched in society.”
“For the law to develop roots and the rule of law to prevail requires ordinary people to belief in the law; and to believe that others believe in the law. Such beliefs and meta-beliefs can take very long to get entrenched in society.”
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