OnPoint Subscriber Exclusive
Global Bookmark offers long-form examinations of global trends and challenges, viewed through the lens of important new books.
The Rule of Lawyers
Two recent books examining the interchange between law and economics make clear that the modern world cannot be understood, let alone governed, without a multidisciplinary perspective. Yet insofar as there is an ongoing dialogue between the two fields, it tends to be a one-way conversation.
https://prosyn.org/alpMFFL
BOSTON – Law professors are apparently chafing at the confines of traditional law and economics, an academic subfield that emerged when intermediate-level microeconomics was imported wholesale into law. Proponents of law and economics largely succeeded in displacing previous, ethics-based modes of jurisprudence and establishing economic efficiency as a key criterion for settling legal disputes.