A Time for Truth by William E Simon
Property rights are important for economic exchange, but many governments don't protect them. Private market organizations can fill this gap by providing an institutional structure to enforce agreements, but with this power comes the ability to extort group members. Under what circumstances, then, will private organizations provide a stable environment for economic activity? Based on market case studies and a representative survey of traders in Lagos, Nigeria, this book argues that threats from the government can force an association to behave in ways that promote trade. The findings challenge the conventional wisdom that private good governance in developing countries thrives when the government keeps its hands off private group affairs. Instead, the author argues, leaders among traders behave in ways that promote trade primarily because of the threat of government intrusion.
William E. Simon Jr. is chair of UCLA Health Sound Body Sound Mind, a nonprofit organization he founded in 1998 to combat childhood obesity by placing fitness equipment in schools. He has been active on the boards of a number of charitable organizations concerned with childrens health and well-being. He is also a partner in Massey Quick Simon, an independent wealth management firm, and an adjunct professor in UCLAs law school and economics department. A former Republican gubernatorial nominee in California, he lives with his wife, Cindy, in Los Angeles. They have four children.
| SKU | Unavailable |
| ISBN 13 | 9780070573789 |
| ISBN 10 | 0070573786 |
| Title | A Time for Truth |
| Author | William E Simon |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Reader's Digest Association |
| Year published | 1978-01-01 |
| Number of pages | 264 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |