Law And Public Policy: A Socioeconomic Approach

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9780890892343: Law And Public Policy: A Socioeconomic Approach

This book provides rich course materials that permit students to explore, in a variety of contexts, the relationship between law and economic/social processes. It critiques neoclassical economics and draws on diverse economic approaches and other social sciences, such as psychology, sociology, anthropology, and political science, for the tools of public policy analysis. It offers students a values-conscious approach to public policy that is designed to take into account the power implications and distributional effects of laws and stresses the importance to effective regulation of attention to historical context, philosophical beliefs, culture, existing institutions, working rules and sources of power.

Each chapter of the book contains social science and legal materials that provide the basis for vigorous student inquiry and discussion. Law and Public Policy begins with background chapters on law and cognitive psychology, economic fairness and human well-being, fairness and legal socialization, culture and norms, and cooperation and trust. It then addresses important public policy areas in which markets are viewed as the nexus of law and economic/social processes. Intended to be the primary text for law school courses and seminars on law and socio-economics and existing courses on law and economics, Law and Public Policy is also designed for courses and seminars on law and the social sciences and for pre-law programs.

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