In this presentation, Professor Barak Richman will discuss his new book, Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange. The book uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the 47th Street diamond district in midtown Manhattan—surrounded by skyscrapers and sophisticated financial institutions—continue to thrive as an ethnic marketplace that operates like a traditional bazaar?
Join us for this fascinating looks at markets. Save your seat here.
