Origins of Law and Economics: The Economists' New Science of Law, 1830-1930

Origins of Law and Economics: The Economists' New Science of Law, 1830-1930

by Heath Pearson
     
 

ISBN-10: 0521581435

ISBN-13: 9780521581431

Pub. Date: 05/28/1997

Publisher: Cambridge University Press

In the 1830s, the "new science of law" aimed to explain the working rules of human society by using the methodologically individual terms of economic discourse. Practitioners were inclined to admit altruistic values, bounded rationality, and institutional inertia into their research programs. This positive analysis of law tended to push normative discussions up

Overview

In the 1830s, the "new science of law" aimed to explain the working rules of human society by using the methodologically individual terms of economic discourse. Practitioners were inclined to admit altruistic values, bounded rationality, and institutional inertia into their research programs. This positive analysis of law tended to push normative discussions up from the level of specific laws to society's political organization. Late-twentieth-century institutional economics is currently developing greater resemblances to this now-forgotten new science.

Product Details

ISBN-13:
9780521581431
Publisher:
Cambridge University Press
Publication date:
05/28/1997
Series:
Historical Perspectives on Modern Economics Series
Pages:
214
Product dimensions:
5.98(w) x 8.98(h) x 0.63(d)

Table of Contents

Introduction; 1. A new science; 2. Towards a normal science; 3. Ghosts in the machine; 4. The normative dimension: institutional success and failure; 5. The way to oblivion; 6. The 'new' new science; Epilogue: the 'new' science; Endnotes; Biographical notes; References.

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