Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange - Barak D. Richman - Books - Harvard University Press - 9780674972179 - June 19, 2017
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Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange

Barak D. Richman

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Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange

How does Manhattan’s 47th Street diamond district thrive as an ethnic marketplace without lawyers, courts, and state coercion? Barak Richman draws on insider interviews to show why relational exchange based on familiarity, trust, and community enforcement succeeds and what it reveals about the modern state’s limitations in governing the economy.


192 pages

Media Books     Hardcover Book   (Book with hard spine and cover)
Released June 19, 2017
ISBN13 9780674972179
Publishers Harvard University Press
Pages 240
Dimensions 242 × 163 × 22 mm   ·   506 g