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A New Approach to Law and Economics," I was eager to demonstrate how the methods that have emerged from the long and fruitful dialogue between these fields could, with a little help from game theory, be applied to multilateral disputes and multijurisdictional conflicts.As Stephen Breyer, an associate justice of the U.S. Supreme Court, suggests, in the absence of institutional dispute-resolution mechanisms, a case brought against a Florentine native by a native of Rome could have pulled both states into war.Though the United States is home to 12 of the world's 20 largest tech companies, it has failed to curb their worst practices.Likewise, from the Mediterranean Sea to the U.S.-Mexico border, the flow of people with different customs and beliefs, from countries with different legal frameworks, is stretching existing immigration systems to the limit.There are also more serious conflicts of beliefs and customs, not least those involving clashes of religions.In one, the dominant religion requires everyone to drive on the left; in the other, everyone must drive on the right.The U.S., long a leader in establishing global norms, is retreating behind a psychological wall.
language of conflict
Policymakers should fear
The rich shouldn’t be silent they can fight inequality, too
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