Elgar Companion to Law and Economics Complaining about the CompanionBackhaus's

Abstract

For a book claiming that it “introduces the reader to the major concepts,” I was quite disappointed by the papers devoted to the application of economic reasoning to legal rules. No one directly defined the core of the Chicago approach. There were no quotations from Becker about the “economic way of thinking” and no mention of Posner's famous claim that “the common law bears the stamp of economic reasoning.” This section provides examples from three papers to illustrate the lack of a clear presentation of the meaning of the economic analysis of the law, as defined by the Chicago school.

Citation

Barreto, H. (2007), " Elgar Companion to Law and Economics Complaining about the CompanionBackhaus's", Samuels, W.J., Biddle, J.E. and Emmett, R.B. (Ed.) A Research Annual (Research in the History of Economic Thought and Methodology, Vol. 25 Part 1), Emerald Group Publishing Limited, Leeds, pp. 71-80. https://doi.org/10.1016/S0743-4154(06)25009-0