Lpeprojectfeed

We published two more entries in our LPE vs. Law and Economics series. On Monday, James Tierney considered what kind of methodological maturity LPE should strive to achieve, and what this might look like in practice. And on Wednesday, Darren Bush, Mark Glick, and Gabriel Lozada argued that while contemporary L&E scholars may not openly defend free markets and limited gove...

In their recent paper “Contemporary Law and Economics,” Adam Chilton, Joshua Macey, and Mila Versteeg argue that LPE critics of the Law and Economics movement are attacking a straw man. The authors claim that although Law and Economics once stressed efficiency goals, which they defined as “wealth maximization,” contemporary practitioners simply endorse the use of modern empir...

The Chicago symposium Law & Economics vs. Law & Political Economy was billed as a debate, and the framing tells us how the field still hears the quarrel: L&E on one side, LPE on the other, and a referee somewhere keeping score on rigor. The exchange between Sarath Sanga and Amy Kapczynski shows how that framing plays out. LPE, Sanga writes, is right but “curiously...

On Monday, Marc Shkurovich argued that to make medicines more accessible, policymakers cannot simply enact price controls while leaving decisions about which drugs to manufacture and distribute in private hands. If patients are to have reliable access to the drugs they need, the government must take on a more direct role in development, production, and provision. On Tuesday.....

This post concludes a symposium on Yochai Benkler’s recent article, Structure and Legitimation in Capitalism. Read the rest of the posts here. ** ** ** No human being is born a fully formed individual, a free agent characterized by attributes naturally applicable to all human beings. All of us are born already in relation to each other, each formed by the relations and roles ...