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A Legal Theory without Law: Posner v. Hayek on Economic Analysis of Law
Paperback

A Legal Theory without Law: Posner v. Hayek on Economic Analysis of Law

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Ernst-Joachim Mestmacker reviews Richard Posner’s and Friedrich A.von Hayek’s legal theories. Both are famous for their contributions to law and economics. They are, however, adversaries in their concepts of law and how it is to be informed by economics. Posner finds the only scientific legal theory in the external (economic) analysis of law. With Friedrich von Hayek the role of rules of conduct and legislation is to be determined by the principles that govern a free and competitive order. There are, contrary to Posner, important contributions from legal scholarship, legal history and comparative law.

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MORE INFO
Format
Paperback
Publisher
JCB Mohr (Paul Siebeck)
Country
Germany
Date
8 May 2007
Pages
66
ISBN
9783161492761

Ernst-Joachim Mestmacker reviews Richard Posner’s and Friedrich A.von Hayek’s legal theories. Both are famous for their contributions to law and economics. They are, however, adversaries in their concepts of law and how it is to be informed by economics. Posner finds the only scientific legal theory in the external (economic) analysis of law. With Friedrich von Hayek the role of rules of conduct and legislation is to be determined by the principles that govern a free and competitive order. There are, contrary to Posner, important contributions from legal scholarship, legal history and comparative law.

Read More
Format
Paperback
Publisher
JCB Mohr (Paul Siebeck)
Country
Germany
Date
8 May 2007
Pages
66
ISBN
9783161492761