Katharina Pistor is the Edwin B. Parker Professor of Comparative Law and director of the Center on Global Legal Transformation at Columbia Law School. She is the coauthor, with Curtis J. Milhaupt, of Law and Capitalism: What Corporate Crises Reveal about Legal Systems and Economic Development around the World.
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Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital... SEE MORE