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Law and Economics in Common‐Law, Civil‐Law, and Developing Nations
Author(s) -
Posner Richard A.
Publication year - 2004
Publication title -
ratio juris
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.344
H-Index - 10
eISSN - 1467-9337
pISSN - 0952-1917
DOI - 10.1111/j.0952-1917.2004.00255.x
Subject(s) - doctrine , principal (computer security) , law , political science , civil law (civil law) , comparative law , movement (music) , reform movement , field (mathematics) , public law , common law , law and economics , sociology , philosophy , mathematics , aesthetics , politics , computer science , pure mathematics , operating system
. The law and economics movement is the principal interdisciplinary field of legal studies. This paper traces the history of the movement and explains its basic principles, contrasts the version of the movement that predominates in the United States with the version that prevails in Europe, noting the greater emphasis of the former on substantive doctrine and of the latter on rule of law considerations, and emphasizes the importance of the movement for legal and economic reform in developing nations.