Economics and the Law: From Posner to Postmodernism and Beyond - Second Edition

Name: Economics and the Law: From Posner to Postmodernism and Beyond - Second Edition
Price: 53.00 USD
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4.7 of 5 Stars: Philosophy - Economics and the Law: From Posner to Postmodernism and Beyond - Second Edition

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Book Synopsis: This is an expanded second edition of Nicholas Mercuro and Steven Medema's influential book Economics and the Law, whose publication in 1998 marked the most comprehensive overview of the various schools of thought in the burgeoning field of Law and Economics. Each of these competing yet complementary traditions has both redefined the study of law and exposed the key economic implications of the legal environment. The book remains true to the scope and aims of the first edition, but also takes account of the field's evolution. At the book's core is an expanded discussion of the Chicago school, Public Choice Theory, Institutional Law and Economics, and New Institutional Economics. A new chapter explores the Law and Economics literature on social norms, today an integral part of each of the schools of thought. The chapter on the New Haven and Modern Civic Republican approaches has likewise been expanded. These chapters are complemented by a discussion of the Austrian school of Law and Economics. Each chapter now includes an “At Work” section presenting applications of that particular school of thought. By providing readers with a concise, noncritical description of the broad contours of each school, this book illuminates the fundamental insights of a field with important implications not only for economics and the law, but also for political science, philosophy, public administration, and sociology.

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If you're looking for a comprehensive and influential book that explores the intersection of economics and the law, then look no further than "Economics and the Law: From Posner to Postmodernism and Beyond - Second Edition". This expanded second edition by Nicholas Mercuro and Steven Medema offers a deep dive into the various schools of thought in the field of Law and Economics. With its publication in 1998, it quickly became the go-to resource for understanding the key economic implications of the legal environment.

What sets this book apart is its thorough examination of competing and complementary traditions in the field. From the Chicago school to Public Choice Theory, Institutional Law and Economics to New Institutional Economics, every major school of thought is covered. The authors have also included a new chapter on the Law and Economics literature on social norms, an important aspect of each school of thought today. Additionally, the book explores the Austrian school of Law and Economics in depth.

One of the standout features of this second edition is the inclusion of an "At Work" section in each chapter. This section presents practical applications of the theories discussed, making it easier for readers to grasp the real-world implications of these economic and legal concepts. Whether you're an economist, lawyer, politician, or student, this book will provide you with a solid foundation in the field.

Don't miss out on this opportunity to expand your knowledge and delve into the fascinating world of Law and Economics. Order your copy of "Economics and the Law: From Posner to Postmodernism and Beyond - Second Edition" now and gain valuable insights that extend far beyond the realms of economics and the law.

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