The Second Wave of Law and Economics

The Second Wave of Law and Economics
Author :
Publisher : Federation Press
Total Pages : 156
Release :
ISBN-10 : 186287316X
ISBN-13 : 9781862873162
Rating : 4/5 (6X Downloads)

Book Synopsis The Second Wave of Law and Economics by : Megan Richardson

Download or read book The Second Wave of Law and Economics written by Megan Richardson and published by Federation Press. This book was released on 1999 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: How best can the analyses and insights of economics inform legal theory and "improve" legal decision-making? The contribution of the first wave of law and economics scholars was marked by dogmatic adherence to the free market ideals of the Chicago school. Today, the second wave places greater emphasis on empirical data and accepts a much wider range of non-economic values - an approach which offers promise of an objective and balanced reception of law and economics by the courts. This book demonstrates the richness and value of the second wave. The contributors include judges from the High Court of Australia and the Court of Appeal, New Zealand and academics from the Universities of Toronto, Melbourne and Cambridge.


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