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Full-Text Articles in Law

Economic Analysis Of Liberty And Property: A Critique, Peter N. Simon Jan 1986

Economic Analysis Of Liberty And Property: A Critique, Peter N. Simon

Articles

No abstract provided.


An Appreciative Comment On Coase's The Problem Of Social Cost: A View From The Left, Pierre Schlag Jan 1986

An Appreciative Comment On Coase's The Problem Of Social Cost: A View From The Left, Pierre Schlag

Articles

Professor Coase's article, The Problem of Social Cost, played a significant role in launching the law and economics movement. Coase's insights have been used extensively by the law and economics movement as authority and inspiration for the development of an essentially right-leaning approach to law. In this Article, Professor Schlag undertakes to reexamine the original article. He shows that Coase's deconstructive moves opened up a series of volatile and radical inquiries. He then argues that the law and economics movement, in general, and Judge Posner, in particular, shut down the dangerous radicalism of these inquiries by hypostasizing ...