As civilisations become more advanced and complex from an economic perspective, the need to integrate and co‐ordinate human behaviour and institutions becomes more acute. The…
Abstract
As civilisations become more advanced and complex from an economic perspective, the need to integrate and co‐ordinate human behaviour and institutions becomes more acute. The chief co‐ordinating devices are not government laws or regulations enacted to compel conformity and dependability in socio‐economic relationships, but the standards sometimes embodied in laws, more often outside the legal framework of government and properly so. Such standards, arrived at by voluntary consensus or common consent, are far too numerous, too complex, too widely and diversely applied to be amenable to codification into statute law or centralised systems of administration.
José Ernesto Amorós, Adriana Bonomo-Odizzio and Juan C. Sosa-Varela