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BOOK SUMMARY :

The stanford program in law and society is proud to host professor barak d richman edgar p and elizabeth c bartlett professor of law duke law school who would be talking about his new book stateless commerce the diamond network and the persistence of relational exchange harvard university press 2017in this presentation professor barak richman will discuss his new book stateless commerce the diamond network and the persistence of relational exchangethe book uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty first centuryjoin professor barak d richman edgar p and elizabeth c bartlett professor of law and business administration for a celebration and discussion of his new book from harvard university press stateless commerce the diamond network and the persistence of relational exchangereviewed by lee k benham | are diamonds an economics lecturers best friend ask any students their preference between a lecture on the diamond market and a lecture on any other commodity with a history involving cecil rhodes de beers audrey hepburn james bond the hope diamond and expropriated tiaras that financed revolutions their choice is clear even before they consider the most in stateless commerce barak richman uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty first centuryhow for example does the 47th street diamond district in midtown manhattan surrounded by skyscrapers and sophisticated financial institutions continue to thrive as an ethnic marketplac

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