Download or read book Stateless Commerce written by Barak Richman and published by Harvard University Press. This book was released on 2017-06-19 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.