Post-Revolutionary Law and Economics: A Foreword to the Symposium

16 Pages Posted: 31 Jan 2011  

Multiple version iconThere are 2 versions of this paper

Date Written: 1992

Abstract

The Lanec (short for Law and Economics) movement of the 1970s hit the legal landscape like a nuclear device and permanently irradiated it. A couple of decades later, as we sift through the fallout, we are entitled to ask whether anything fundamental has changed. Every contributor to this Symposium seems to answer yes. Maybe they're like the book reviewer who believes deep in her heart that the book is worthless, but if she reveals it the editor will conclude that there is no point in printing her review. Let me put my own biases on the table. In general I applaud the greater precision that has come to legal studies through economics. But has Lanec changed the nature of the law? I'm not sure that it has lived up to the hopes or hypes of its original enthusiasts.

Keywords: Law and Economics (Lanec), Coase Theorem

JEL Classification: K19, K49

Suggested Citation

D'Amato, Anthony, Post-Revolutionary Law and Economics: A Foreword to the Symposium (1992). Hofstra Law Review, Vol. 20, No. 4, 1992; Northwestern Public Law Research Paper No. 11-08; Northwestern Law & Econ Research Paper No. 11-01. Available at SSRN: https://ssrn.com/abstract=1751762

Anthony D'Amato (Contact Author)

Northwestern University - Pritzker School of Law ( email )

375 E. Chicago Ave
Chicago, IL 60611
United States

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