The Future of Law and Economics: A Discussion
28 Pages Posted: 15 Jun 2008
Date Written: June 2008
There are a several forces pushing on the law and economics (L&E) movement from different directions. The authors exchanged perspectives on trends in economics, and in particular the increasing mathematical formalization of economics, and their implications for the future of L&E in legal scholarship. The authors discuss strengths and weaknesses of the modern L&E movement, speculate as to where L&E might be headed in the future, and how potential pitfalls might be avoided. The exchange between the authors took place at Truthonthemarket.com and the blog posts have been compiled into this essay.
Keywords: detachment, econometrics, empirical, law and economics, mathematical formalizations, mathematization, Olin Foundation, scholarship, trends, truthonthemarket.com
JEL Classification: K00, K10
Suggested Citation: Suggested Citation