The Future of Law and Economics: Essays in Reform and Recollection

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9780300195897: The Future of Law and Economics: Essays in Reform and Recollection

In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, “economic analysis of law,” examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.

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Book Description:

There are two approaches to the study of law and economics. One, the prevailing strain, examines the legal system in light of economic theory; the other gives equal status to law. In a series of compelling essays, one of the discipline’s founders calls for a shift toward the latter.

About the Author:

Guido Calabresi is a senior judge on the United States Court of Appeals for the Second Circuit and former dean and Sterling Professor Emeritus at Yale Law School.

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Book Description Yale University Press, United States, 2016. Hardback. Book Condition: New. Language: English . Brand New Book. In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, economic analysis of law, examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike. Bookseller Inventory # AAH9780300195897

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Book Description Yale University Press, United States, 2016. Hardback. Book Condition: New. Language: English . Brand New Book. In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, economic analysis of law, examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike. Bookseller Inventory # AAH9780300195897

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