Dedicated to the late Henry G. Manne, this authoritative collection surveys the development of law and economics both as a scholarly field and as an educational program. Starting as a niche area, centered primarily at the University of Chicago, law and economics has grown to be the dominant field in US legal scholarship. The influential articles presented in this volume trace that development from the mid-20th century through to today, focusing on both the personalities who laid the groundwork for the field's success and the intellectual debates that fueled its growth. Together with an original introduction by the editors, this collection is a valuable research tool for academics and students interested in the history of law and economics.
'History of Law and Economics captures the rise of law and economics as a central discipline in the legal academy, and provides a wonderful introduction to the pioneering figures who forged this path and their major intellectual contributions. The volume also addresses the challenges posed by behavioral economics, the future of law and economics in the US and Europe, and how the empirical revolution will impact what began as a largely theoretical mode of analysis.'
– John J. Donohue III, Stanford Law School, US
Contributors include: G.S. Becker, G. Calabresi, R.H. Coase, R.D. Cooter, H. Demsetz, H.G. Manne, F. Parisi, R.A. Posner, G.L. Priest, W.K. Viscusi.
Edited by Henry N. Butler, Dean and Professor, Antonin Scalia Law School, George Mason University, School of Law and Jonathan Klick, Professor of Law, University of Pennsylvania Law School US and Erasmus Chair of Empirical Legal Studies, Rotterdam, the Netherlands.