It's a two way street; using legal theory to constrain or sculpt what kinds of economic theory and policy get implemented is every bit as important as what the Posnerites are up to. The judiciary trumps the CEO's, they just don't have guts to do it anymore. The Preamble does not ask us to establish Chicago School economic theory, just Justice...What aspect of law doesn't touch economic issues? Or should we let the Right claim title to that subdiscipline? The law/economics boundary is as permeable as the science/metaphysics boundary. Has anyone seen Posner advocating free commerce in Heroin or LSD? Surely it would be more efficient economically [according to "their" theories] to let folks have access to those "goods", even Freidman says so. Visualize a necker cube...
Ian
> -----Original Message-----
> From: owner-lbo-talk at lists.panix.com
> [mailto:owner-lbo-talk at lists.panix.com]On Behalf Of Michael Perelman
> Sent: Tuesday, September 07, 1999 9:46 PM
> To: lbo-talk at lists.panix.com
> Subject: Re: buying professors
>
>
> Not proven, Ian. There are progressive professors of law, who touch on
> economic issues, but the people you mentioned are outside of the law and
> economics school, which emphasizes the application of economic theory as a
> basis for the law.
>
> Lisa & Ian Murray wrote:
>
> > YES!!!!!!
> >
> > Start with Robert Hale and Morris Cohen and move to the present
> with this
> > excellent piece...
> > http://www.law.indiana.edu/glsj/vol6/no1/aoki.html if you have problems
> > with the link let me know.
> >
> > Great texts include [all pretty recent]:
> >
> > Barbara Fried's "The Progressive Assault on Laissez Faire"
> > Morton Horwitz' "The Transformation of American Law 1870-1960
> > David Kairys, ed. "The Politics of Law: A Progressive Critique"
> 3rd Edition
> > anything you can find by Duncan Kennedy, David Kennedy, Lucy
> Williams and
> > Karl Klare
> >
> > Have fun,
> >
> > ian
> >
> > > -----Original Message-----
> > > From: owner-lbo-talk at lists.panix.com
> > > [mailto:owner-lbo-talk at lists.panix.com]On Behalf Of Doug Henwood
> > > Sent: Tuesday, September 07, 1999 8:14 PM
> > > To: lbo-talk at lists.panix.com
> > > Subject: Re: buying professors
> > >
> > >
> > > Michael Perelman wrote:
> > >
> > > >Shouldn't your heading have been buying judges?
> > >
> > > Ooops. Yes, you're right.
> > >
> > > Is there any countervailing left "law & economics" analysis?
> > >
> > > Doug
> > >
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael at ecst.csuchico.edu
>
>