The Rise of Law and Economics: An Intellectual History PDF

by ~ George Priest

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The Rise of Law and Economics: An Intellectual History

Read Online and Download The Rise of Law and Economics: An Intellectual History. This is a history - though, intentionally, a brief history - of the rise of law and economics as a field of thought in the US college and law school academy, though the field has expanded to Europe and South America and will expand further as other legal systems develop.This book explains the origins of the field and the sources of its growth during its formative period. It describes the intellectual roots of the field, and the field's relationship to the understanding of the role of the legal system in directing the functioning of the economy. It describes the effect of the Great Depression and the expansion of governmental power on advancing the functional approach. The book then addresses the work of Aaron Director, during the late 1950s, on focusing economic analysis as a means of understanding the effects of the legal and regulatory system on the allocation of resources in the society. Then it turns to the subsequent intellectual founders of the field--Ronald Coase, Guido .

The Rise of Law and Economics: An Intellectual History by George Priest

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