Edward Elgar
Publishing has just published an essay collection dealing with the history of
the law and economics movement.
ABOUT THE BOOK
Dedicated to the
late Henry G. Manne, this authoritative collection surveys the development of
law and economics both as a scholarly field and as an educational program.
Starting as a niche area, centered primarily at the University of Chicago, law
and economics has grown to be the dominant field in US legal scholarship. The
influential articles presented in this volume trace that development from the
mid-20th century through to today, focusing on both the personalities who laid
the groundwork for the field’s success and the intellectual debates that fueled
its growth. Together with an original introduction by the editors, this
collection is a valuable research tool for academics and students interested in
the history of law and economics.
TABLE
OF CONTENTS
Contents:
Introduction Henry N. Butler and Jonathan Klick
PART I THE RISE OF LAW AND ECONOMICS
1. George L. Priest (2005), ‘The Rise of Law and Economics: A Memoir of the
Early Years’, in Francesco Parisi and Charles K. Rowley (eds), The Origins of
Law and Economics: Essays by the Founding Fathers, Chapter 14, Cheltenham, UK
and Northampton, MA, USA: Edward Elgar Publishing, 350–82
2. Edmund W. Kitch (1983), ‘The Fire of Truth: A Remembrance of Law and
Economics at Chicago, 1932–1970’, Journal of Law and Economics, XXVI (1),
April, 163–234
3. Louis De Alessi (1999), ‘The John M. Olin Fellowship Program in Law and
Economics’, Case Western Reserve Law Review, 50 (2), Winter, 341–6
4. Henry N. Butler (1999), ‘The Manne Programs in Economics for Federal
Judges’, Case Western Reserve Law Review, 50 (2), Winter, 351–71, 376–87
5. Henry G. Manne (2005), ‘How Law and Economics was Marketed in a Hostile
World: A Very Personal History’, in Francesco Parisi and Charles K. Rowley
(eds), The Origins of Law and Economics: Essays by the Founding Fathers,
Chapter 12, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing,
309–27
6. Steven G. Medema (2015), ‘From Dismal to Dominance? Law and Economics and
the Values of Imperial Science, Historically Contemplated’, in Aristides N.
Hatzis and Nicholas Mercuro (eds), Law and Economics: Philosophical Issues and
Fundamental Questions, Chapter 5, Abingdon, UK and New York, NY, USA:
Routledge, 69–88
PART II PIONEERS AND FOUNDING FATHERS
7. Sam Peltzman (2009), ‘Aaron Director’s Influence on Antitrust Policy’, in
Lloyd R. Cohen and Joshua D. Wright (eds), Pioneers of Law and Economics,
Chapter 3, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing,
35–49
8. Steven G. Medema (2016), ‘Ronald Coase and the Legal–Economic Nexus’, in
Claude Ménard and Elodie Bertrand (eds), The Elgar Companion to Ronald H.
Coase, Part V, Chapter 21, Cheltenham, UK and Northampton, MA, USA: Edward
Elgar Publishing, 291–304
9. Harold Demsetz (2009), ‘George J. Stigler and his Contributions to Law and
Economics’, in Lloyd R. Cohen and Joshua D. Wright (eds), Pioneers of Law and
Economics, Chapter 4, Cheltenham, UK and Northampton, MA, USA: Edward Elgar
Publishing, 50–59
10. Richard A. Posner (1993), ‘Gary Becker’s Contributions to Law and
Economics’, Journal of Legal Studies, XXII (2), June, 211–5
11. Larry E. Ribstein (2009), ‘Henry Manne: Intellectual Entrepreneur’, in
Lloyd R. Cohen and Joshua D. Wright (eds), Pioneers of Law and Economics,
Chapter 9, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing,
125–44
12. Robert D. Tollison (2009), ‘Buchanan and Tullock on Law and Economics’, in
Lloyd R. Cohen and Joshua D. Wright (eds), Pioneers of Law and Economics,
Chapter 8, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing,
115–24
13. Keith N. Hylton (2009), ‘Calabresi’s Influence on Law and Economics’, in
Lloyd R. Cohen and Joshua D. Wright (eds), Pioneers of Law and Economics,
Chapter 13, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing,
224–45
14. Thomas S. Ulen (2009), ‘Pioneers of Law and Economics: William M. Landes and
Richard A. Posner’, in Lloyd R. Cohen and Joshua D. Wright (eds), Pioneers of
Law and Economics, Chapter 11, Cheltenham, UK and Northampton, MA, USA: Edward
Elgar Publishing, 175–202
15. Nuno Garoupa and Fernando Gómez-Pomar (2009), ‘The Path Breaking
Contributions of A. Mitchell Polinsky and Steven Shavell to Law and Economics’,
in Lloyd R. Cohen and Joshua D. Wright (eds), Pioneers of Law and Economics,
Chapter 15, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing,
267–94
PART III AN ASSESSMENT – FROM WITHIN
16. James M. Buchanan (1974), ‘Good Economics – Bad Law’, Virginia Law Review,
60 (3), March, 483–92
17. Ronald H. Coase (1978), ‘Economics and Contiguous Disciplines’, Journal of
Legal Studies, 7 (2), June, 201–11
18. Guido Calabresi (1980), ‘An Exchange – About Law and Economics: A Letter to
Ronald Dworkin’, Hofstra Law Review, 8 (3), Spring, 553–62
19. Gary S. Becker (1993), ‘Nobel Lecture: The Economic Way of Looking at
Behavior’, Journal of Political Economy, 101 (3), June, 385–409
20. Richard A. Posner (1987), ‘The Law and Economics Movement’, American
Economic Review: Papers and Proceedings, 77 (2), May, 1–13
21. Francesco Parisi and Jonathan Klick (2004), ‘Functional Law and Economics:
The Search for Value-Neutral Principles of Lawmaking’, Chicago-Kent Law Review,
Symposium: Law and Economics and Legal Scholarship, 79 (2), June, 431–50
22. Robert D. Cooter (2005), ‘The Confluence of Justice and Efficiency in the
Economic Analysis of Law’, in Francesco Parisi and Charles K. Rowley (eds), The
Origins of Law and Economics: Essays by the Founding Fathers, Chapter 8,
Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 222–40
23. William M. Landes (2003), ‘The Empirical Side of Law and Economics’,
University of Chicago Law Review: Centennial Tribute Essays, 70 (1), Winter,
167–80
PART IV THE CURRENT BATTLE
24. Colin Camerer, Samuel Issacharoff, George Loewenstein, Ted O’Donoghue and
Matthew Rabin (2003), ‘Regulation for Conservatives: Behavioral Economics and
the Case for “Asymmetric Paternalism”’, University of Pennsylvania Law Review,
151 (3), January, 1211–54
25. Christine Jolls and Cass R. Sunstein (2006), ‘Debiasing through Law’,
Journal of Legal Studies, 35 (1), January, 199–241
26. Jonathan Klick and Gregory Mitchell (2006), ‘Government Regulation of
Irrationality: Moral and Cognitive Hazards’, Minnesota Law Review, 90 (6),
1620–63
27. Edward L. Glaeser (2006), ‘Paternalism and Psychology’, University of
Chicago Law Review, Symposium: Homo Economicus, Homo Myopicus, and the Law and
Economics of Consumer Choice, 73 (1), Winter, 133–56
28. Jonathan Klick (2005), ‘The Microfoundations of Standard Form Contracts:
Price Discrimination vs. Behavioral Bias’, Florida State University Law Review,
32 (2), Winter, 555–69
29. Russell Korobkin (2005), ‘Possibility and Plausibility in Law and
Economics’, Florida State University Law Review, 32 (2), Winter, 781–95
30. Joshua D. Wright (2007), ‘Behavioral Law and Economics, Paternalism, and
Consumer Contracts: An Empirical Perspective’, NYU Journal of Law and Liberty,
2 (3), 470–511
31. Alan Schwartz (2008), ‘How Much Irrationality Does the Market Permit?’,
Journal of Legal Studies, 37 (1), January, 131–59
PART V LOOKING FORWARD
32. Douglas G. Baird (1997), ‘The Future of Law and Economics: Looking
Forward’, University of Chicago Law Review, 64 (4), Fall, 1129–65
33. Richard A. Posner (1997), ‘The Future of the Law and Economics Movement in
Europe’, International Review of Law and Economics: Annual EALE Conference,
Bern, 6-9 September 1995, 17 (1), March, 3–14
34. Henry G. Manne and Joshua D. Wright (2008), ‘The Future of Law and
Economics: A Discussion’, George Mason University Law and Economics Research
Paper No. 08-35, June, 1–27
35. Jonathan Klick (2011), ‘The Empirical Revolution in Law and Economics:
Inaugural Lecture for Erasmus Chair in Empirical Legal Studies’, Erasmus Law
Lectures 25, The Hague, the Netherlands: Eleven International Publishing, 7–9,
11–29, 31–34
36. Joni Hersch and W. Kip Viscusi (2012), ’Law and Economics as a Pillar of
Legal Education’, Review of Law and Economics, Session Paper: The Past,
Present, and Future of Interdisciplinary Legal Education, 2011 Annual Meeting,
American Association of Law Schools, 8 (2), October, 487–510
Index