Law and Financial Markets Review, Vol. 3, No. 6, pp. 539-543, November 2009
6 Pages Posted: 16 Nov 2009 Last revised: 11 Feb 2012
Date Written: November 3, 2009
Book Review: This essay reviews Richard Posner’s A Failure of Capitalism: The Crisis of ’08 and the Descent into Depression (Harvard University Press, 2009). Posner is a leading conservative legal theorists, a founder of the contemporary law and economics movement, and now a self-proclaimed pragmatist. The essay focuses on Posner’s ideas with regard to regulation of the financial industry in light of what he describes as an economic depression in its wake.
Suggested Citation: Suggested Citation
Hackney, Jr., James R., On Markets and Regulation: Richard Posner’s Conservative Pragmatist Evolution (November 3, 2009). Law and Financial Markets Review, Vol. 3, No. 6, pp. 539-543, November 2009; Northeastern University School of Law Research Paper No. 41-2009. Available at SSRN: https://ssrn.com/abstract=1499372