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| #358914 in eBooks | 2001-07-02 | 2001-07-02 | File type: PDF||5 of 5 people found the following review helpful.| A Beautiful, Carefully Argued, Well Written Book on Law and Economics|By Herbert Gintis|The layman's view of law is that it has to do with justice, and the layman's view of Economics is that it has to do with who gets what. This is not correct. The early legal scholars, Grotius, Pufendorf, Locke and others, despite their disagreements, all stressed that property rights law was|From Library Journal|Friedman, a professor at the University of Santa Clara School of Law who holds a Ph.D. in economics from the University of Chicago, advocates an economic analysis of law and further suggests that there is a strong correspondence between effi
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...
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