Why is a market where the rules of the game are respected more efficient?
On the occasion of the presentation of the book "Clientelist Capitalism", on 26 June a dialogue was held on "Why is a market in which the rules of the game are respected more efficient?"Elisa de la Nuez, State Lawyer and Secretary General of the Hay Derecho Foundation; Luis Garicano, Professor of Economics and Strategy in the Departments of Business Administration and Economics at the London School of Economics and Political Science; Jesús Fernández-Villaverde, Professor of Economics at the University of Pennsylvania, and Ignacio Gomà, notary and President of the Hay Derecho Foundation.
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