Categorías: CONFERENCIA | DERECHO | ECONOMIA

History of Law and Economics

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Dr. Henry Manne

November 4, 1996 | Universidad Francisco Marroquín | Duración:..

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Content

Initial credits
Introduction by Eduardo Mayora
- Welcome
- Henry Manne
  - Achievements
  - Research and projects
  - Books and articles
History of law and economics
Modern legal education in America - 1870
- Christopher Columbus Langdell, Harvard Law School
- Case method of instruction
- Predominance of case method
American legal realists – 1920s
- Analyzing the desirability or undesirability of any rule of law
- Understanding the impact of law
- Sociological approach to the study of law
Economics taught at law schools – 1940s
- Henry Simons, University of Chicago
- Aaron Director's contribution
  - "The Economics of Free Speech"
  - Analysis of American antitrust cases
  - Economic analysis of law
- Chicago School of Economics
  - Predominance of Keynesian macroeconomics
  - Importance of market economics for understanding law
  - Keynesian economics loses ground – mid 1960s
    - Mathematical economics
    - Empirical work
Social, legal, and economic policy issues in the US
- Growth of law and economics – 1960s
- Armen Alchian, "Some Economics of Property Rights"
  - Allocation of property rights
- Ronald H. Coase's contribution
  - Journal of Law and Economics
  - Ronald Coase, "The Problem of Social Cost"
    - Economic cost of a rule of law
    - Model used to analyze legal issues
    - How model was received
- The Cost of Accidents: A Legal and Economic Analysis, Guido Calabresi
- Differences in ideologies
Emergence of the field of law and economics – 1970s
- Economic Analysis of Law, Richard A. Posner
- Law and Economics Center
- Economics courses for federal judges
- George Mason School of Law
Current situation of law and economics
- American Law and Economics Association
- Competing groups in American law schools
- Tension between modern law and economics
  - Mathematical and literary differences
Final words
Final credits

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About this video

Dr. Henry Manne presents an historical account of how the field of law and economics developed. During the late ninteenth century, the scientific approach at Harvard School of Law was the prevailing view, but it was challenged during the 1920s by the American legal realists. It was not until the 1940s that economic analysis was introduced to the study of law by Aaron Director at the University of Chicago. In the 1960s, Armen Alchian, Ronald Coase, and Guido Calabresi also made significant contributions. Finally, the field of law and economics emerged during the 1970s when Richard Posner published his influential book, Economic Analysis of Law.

Henry G. Manne

Henry G. Manne

Henry G. Manne is the former dean at George Mason University School of Law. His areas of expertise include, law and economics, legal education, university governance, and insider trading. He is the founder of the Law and Economics Center (LEC) at George Mason University. The American Law and Economics Association, where he is an honorary life member, named Manne one of the founders of the field of law and economics. He has numerous publications, including Insider Trading and the Stock Market; "An Intellectual History of the School of Law, George Mason University"; and "Mergers and the Market for Corporate Control," published in the Journal of Political Economy in 1965. Manne has a BA from Vanderbilt University, a JD from University of Chicago, and a JSD from Yale University. He has also received honorary doctorates in law from Seattle University, Universidad Francisco Marroquín in Guatemala, and George Mason University.

Source: www.law.gmu.edu
Last update: 04/08/2008

Credits

History of Law and Economics
Dr. Henry Manne

Universidad Francisco Marroquín
Guatemala, November 4, 1996
Digitization made by New Media - UFM. Guatemala, July 2008.

Conversion: Jorge Samayoa; digital editing: Mynor de León; index and synopsis: Christiaan Ketelaar; content revisers: Daphne Ortiz, Jennifer Keller; publication: Mario Pivaral / Carlos Petz

This work is licensed under a Creative Commons 3.0 License
Este trabajo ha sido registrado con una licencia Creative Commons 3.0

Obtenido de "http://www.newmedia.ufm.edu/gsm/index.php/History_of_Law_and_Economics"

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