Changes

Jump to navigation Jump to search

Law and Economics (view source)

Revision as of 18:02, February 10, 2008

879 bytes added ,  18:02, February 10, 2008
a start
'''Law and Economics''' is a movement to apply economic principles and insights to legal rules. Its genesis and credibility began with the insight of [[Ronald Coase]] in the [[Coase Theorem]], published in full in an every edition of the flagship journal of the movement, "The Journal of Law and Economics."<ref>Ronald Coase, "The Problem of Social Cost", 3 The Journal of Law and Economics No.1 (1960).</ref>

'''Law and Economics''' was resisted in most [[liberal]] law schools for decades, and was accepted primarily at the [[University of Chicago]] where it began.

By the 1990s, other law schools began to begrudgingly accept and teach '''law and economics''', but as a "quantification" approach that attempts to assign a number to everything from harm to benefits. [[Ronald Coase]] himself was not [[mathematical]] [[economist]].
[[category:economics]]
[[category:law]]
Aschlafly
Anthony, Irenaeus, Siteadmin, apieditor, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators
126,644

edits

Retrieved from "https://www.conservapedia.com/Special:MobileDiff/386401"

Navigation menu