Law's Order by David D Friedman

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Summary

What does economics have to do with law? Suppose legislators propose that armed robbers receive life imprisonment, economists observe that making the punishment for armed robbery the same as that for murder encourages muggers to kill their victims. This text defends the economic view of law.

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Law's Order by David D Friedman

What does economics have to do with law? Suppose legislators propose that armed robbers receive life imprisonment, economists observe that making the punishment for armed robbery the same as that for murder encourages muggers to kill their victims. This text defends the economic view of law.
"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."---Joseph L. Smith, The Law and Politics Book Review
"A thoroughly entertaining, creative, and provocative addition to the law and economics literature." * Choice *
"David Friedman is lively, cheerful, and a bit of a tease. . . . Friedman's book is, in the best sense of the word, extremely dense. . . . At the same time, he is cautious and does not try to prove too much. The evidence he provides is impressive and impressively presented."---John Griffith, Times Literary Supplement
"[Friedman] explains what economics has to do with law and why it matters. . . . Applying economics to law matters because it yields efficient outcomes. In a world of finite resources and a world in which the political process controls the distribution scheme, increasing the size of the societal pie will increase the size of the slice we all can expect."---Dennis J. Callahan, The Federal Lawyer
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.
SKU Unavailable
ISBN 13 9780691010168
ISBN 10 0691010161
Title Law's Order
Author David D Friedman
Condition Unavailable
Binding Type Hardback
Publisher Princeton University Press
Year published 2000-05-07
Number of pages 344
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.