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Law´s Order: What Economics Has to Do with Law and Why It Matters
David D. Friedman
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Description for Law´s Order: What Economics Has to Do with Law and Why It Matters
Paperback. What does economics have to do with law? Offering a defense of the economic view of law, this book clarifies the relationship between law and economics. Num Pages: 344 pages, 1 line illus., 4 tables. BIC Classification: 1KBB; KCA; LAB. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 229 x 155 x 21. Weight in Grams: 498.
What does economics have to do with law? Suppose legislators propose that armed robbers receive life imprisonment. Editorial pages applaud them for getting tough on crime. Constitutional lawyers raise the issue of cruel and unusual punishment. Legal philosophers ponder questions of justness. An economist, on the other hand, observes that making the punishment for armed robbery the same as that for murder encourages muggers to kill their victims. This is the cut-to-the-chase quality that makes economics not only applicable to the interpretation of law, but beneficial to its crafting. Drawing on numerous commonsense examples, in addition to his extensive knowledge ... Read more
What does economics have to do with law? Suppose legislators propose that armed robbers receive life imprisonment. Editorial pages applaud them for getting tough on crime. Constitutional lawyers raise the issue of cruel and unusual punishment. Legal philosophers ponder questions of justness. An economist, on the other hand, observes that making the punishment for armed robbery the same as that for murder encourages muggers to kill their victims. This is the cut-to-the-chase quality that makes economics not only applicable to the interpretation of law, but beneficial to its crafting. Drawing on numerous commonsense examples, in addition to his extensive knowledge ... Read more
Product Details
Publisher
Princeton University Press United States
Number of pages
344
Format
Paperback
Publication date
2001
Condition
New
Number of Pages
338
Place of Publication
New Jersey, United States
ISBN
9780691090092
SKU
V9780691090092
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About David D. Friedman
David D. Friedman is Professor of Law at the University of Santa Clara School of Law. He holds a Ph. D. in physics from the University of Chicago and is the author of, among other books, Hidden Order: The Economics of Everyday Life and The Machinery of Freedom.
Reviews for Law´s Order: What Economics Has to Do with Law and Why It Matters
"An interesting and lively introduction to the economic analysis of law... It lays out the principles and values of economic analysis of law, and then proceeds to illustrate and defend that approach in a lively and competent manner. It may not convince every reader that economics provide the key to understanding law, but it makes the case competently and energetically."
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