9780429322945 electronic book 0429322941 electronic book 9781000701173 electronic book EPUB 1000701174 electronic book EPUB 9781000700565 electronic book Mobipocket 1000700569 electronic book Mobipocket 9781000699951 electronic book 1000699951 electronic book 9780367339371 hardcover 9780367339388 paperback
"This is a history - though, intentionally, a brief history - of the rise of law and economics as a field of thought in the US college and law school academy, though the field has expanded to Europe and South America and will expand further as other legal systems develop. This book explains the origins of the field and the sources of its growth during its formative period. It describes the intellectual roots of the field, and the field's relationship to the understanding of the role of the legal system in directing the functioning of the economy. It describes the effect of the Great Depression and the expansion of governmental power on advancing the functional approach. The book then addresses the work of Aaron Director, during the late 1950s, on focusing economic analysis as a means of understanding the effects of the legal and regulatory system on the allocation of resources in the society. Then it turns to the subsequent intellectual founders of the field-Ronald Coase, Guido Calabresi and Richard Posner-and attempts to explain the significance of their work. It also discusses the efforts of Robert Bork and Henry Manne toward the influence of law and economics on public policy. The book ends with the founding of the American Law & Economics Association in 1991. This is an essential companion of law and economics texts for undergraduate law and economic students and, especially, as a general supplement to first year casebooks for law school students".
Bibliography, etc. Note
Includes bibliographical references and index.
Formatted Contents Note
Introduction The Early Development of the Functional Approach to Law The Problems of the Depression and the Broader Acceptance of the Functional Approach to Law The Birth of Modern Law and Economics as a Discipline The Revolutionary Expansion of Law and Economics : Ronald H. Coase Calabresi and the Economic Framework of The Costs of Accidents Law and Economics Made Dominant : Richard A. Posner and Economic Analysis of Law Coase, Calabresi, and Posner Compared The Influence of Law and Economics on Regulation and Antitrust Law Henry Manne and the Popular Expansion of Law and Economics Epilogue : The John M. Olin Foundation and the Founding of the American Law and Economics Association.
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Digital File Characteristics
George L. Priest is the Edward J. Phelps Professor of Law and Economics at Yale Law School.
Source of Description
Online resource; title from digital title page (viewed on July 22, 2020).
Available in Other Form
Print version: Priest, George L., 1947- Rise of law and economics. Abingdon, Oxon ; New York, NY : Routledge, 2020