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Articles 1 - 3 of 3
Full-Text Articles in Law and Economics
Chicago Man, K-T Man, And The Future Of Behavioral Law And Economics, Robert A. Prentice
Chicago Man, K-T Man, And The Future Of Behavioral Law And Economics, Robert A. Prentice
Vanderbilt Law Review
Most law is aimed at shaping human behavior, encouraging that which is good for society and discouraging that which is bad.' Nonetheless, for most of the history of our legal system, laws were passed, cases were decided, and academics pontificated about the law based on nothing more than common sense assumptions about how people make decisions. A quarter century or more ago, the law and economics movement replaced these common sense assumptions with a well-considered and expressly stated assumption-that man is a rational maximizer of his expected utilities. Based on this premise, law and economics has dominated interdisciplinary thought in …
Economic Inequality And The Role Of Law, Richard L. Kaplan
Economic Inequality And The Role Of Law, Richard L. Kaplan
Michigan Law Review
In this ambitious book, famed commentator and analyst Kevin Phillips attempts nothing less than a political history of American economic life with a specific focus on the wealthy. Succeeding far more often than not, Phillips interweaves the development of American technology with the rise and fall of economic fortunes, crafting a compelling tale with significant implications for the formulation of public policy and the laws that implement such policy. Festooned with more than seventy charts and graphs, the book explains how wealth has been accumulated throughout the entire history of the United States. It is full of intriguing insights and …
Orchestrated Experimentalism In The Regulation Of Work, Orly Lobel
Orchestrated Experimentalism In The Regulation Of Work, Orly Lobel
Michigan Law Review
Since the advent of the New Deal vision, work and the workplace have undergone dramatic changes. Policies and institutions that were designed to provide good working conditions and voice for workers are no longer fulfilling their promise. In Working in America: A Blueprint for the New Labor Market ("Blueprint"), four MIT economists take on the challenge of envisioning a new regulatory regime that will fit the realities of the new market. The result of several years of deliberation with various groups in business and labor, academia, and government, Blueprint provides a thoughtful yet unsettling vision of the future of work. …