Posts Tagged ‘Economic Analysis of Law’
Introduction to Economic Analysis of Law (AED) Part II
the main contributions that the AED making the economy were made by the so-called institutional economics. The main theorists of the discipline in its various phases were:
* John R. COMMONS (1862-1945).
Commons was a key member of the American institutionalism school. Born in Ohio (USA), was professor of economics at the universities of Wesleyan, Oberlin, Indiana, Syracuse and Wisconsin. President of the American Economic Association.
His influence is not so much to his theoretical writings as legislation that promoted and managed to pass in American legislatures. His friendship with Robert LaFollette and other progressive senators prompted a profound reform of labor legislation, especially concerning health and safety conditions in the workplace, unemployment insurance and social security programs for retirement. All this before the First World War! Read the rest of this entry »
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Introduction to Economic Analysis of Law (AED) Part I
The Economic Analysis of Law (AED), despite its limited release in Latin America, let alone in our country, is one of the fastest growing specialties in the Anglo world, where power has numerous specialized magazines widely disseminated in environment and trade associations covering all continents.
In the legal environment has become an important economic analysis of law promoted by Richard A. Posner on “Economic Analysis of Law” and Guido Calabresi in “The Cost of Accidents” especially in the field of economic rights and extra-law recently. One of his mentors the said Posner has pointed out that many areas of law are the hallmark of economic reasoning and theory of the efficiency of law is best explained as a system to maximize the wealth of society and proclaims to the economic theory of law as the positive theory of law that there is more promising today. Read the rest of this entry »
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