14 Pages Posted: 17 Feb 2010 Last revised: 13 Mar 2010
Date Written: February 1, 2010
In this paper, I identify the reason for the tepid reception of law and economics scholarship in British academia to the lack of sufficient ability in mathematical and statistical skills among British legal scholars. I offer some evidence of the importance of competency in these economic literacy skills for success in law and economics scholarship, by analysing journal editorship as a proxy for success. I then discuss how the institutional structure for legal and economic education in the UK leads to the lack of these essential economic literacy skills. And finally, I offer some suggestions on how, by establishing a doctoral programme in law and economics within the legal academia, the problem of law and economics scholarship may be overcome.
Keywords: Law and economics, History
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