Friend of the Conglomerate Larry Cunningham points to Popular Science's September roundup of 100 inventions that changed the world, only one of which is a legal innovation: the corporation (link not available - ask your librarian!). It's a strong contender; indeed, I can't really think of another legal fiction with such significance, though patents probably come close, and I guess I wonder if an agency is a legal fiction. But you can have your constructive trusts, trade secrets, and asset-backed securities! Readers are invited to provide their own suggestions for similarly consequential legal inventions in the comments.
TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8345157d569e201bb08241e88970d
Links to weblogs that reference The Corporation As Invention That Changed The World:

Sun | Mon | Tue | Wed | Thu | Fri | Sat |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
