The Road Not Taken – Reading Calabresi’s “The Future of Law and Economics”

  title={The Road Not Taken – Reading Calabresi’s “The Future of Law and Economics”},
  author={Aleksandar Stojanovic and Paolo Silvestri},
  journal={Global Jurist},
Abstract The publication of Guido Calabresi’s book “The Future of Law and Economics” has drawn a substantial amount of attention among law and economics scholars. We thought that the best way to devote special attention to this book was to devote a Special issue to it. This article situates Calabresi’s book among other reflections on the future of the discipline, introduces and explains the reasons behind this Special issue and discuss the organization and content of it. We emphasize how… 


Law, economics and Calabresi on the future of law and economics
There exists a distinction between ‘law and economics’ and the ‘economic analysis of law’. The former, corresponding to Coase’s approach, consists in taking legal rules into account insofar as they
Law and economics and the role of explanation: A comment of Guido Calabresi,The Future of Law and Economics
  • B. Bix
  • Economics
    European Journal of Law and Economics
  • 2018
A central theme of Guido Calabresi’s The Future of Law and Economics is the way that economic analysis of law tends to reject as irrational whatever aspects of law or life do not fit its approach.
Tastes, Values, and the Future of Law and Economics
This is a Review of Guido Calabresi’s fascinating and thought-provoking new book, The Future of Law and Economics (presented in a book symposium held at the Hebrew University of Jerusalem in December
Law and Economics: Its Glorious Past and Cloudy Future
The title I have given to this short comment is one that does not speak to any great optimism about the future of Law and Economics, and it is incumbent upon me, even in a short essay, to indicate
An Essay on the Nature and Significance of Economic Science.
Lionel Robbins’s An Essay on the Nature and Significance of Economic Science (1932) made at least three important contributions: (1) constructing a more modern, focused, and general definition of
Law and the Economy: An Introduction to Coasian Law and Economics
  • Ning Wang
  • Economics, Law
    Man and the Economy
  • 2018
Abstract Ronald Coase was a founding father of modern law and economics. Yet, Coase distanced himself from the economic analysis of law, which today dominates the law and economics scholarship, and
Bringing Culture and Human Frailty to Rational Actors: A Critique of Classical Law and Economics
This essay advances two theses: that the law and economics movement has been losing its upward trajectory within law schools, and that its practitioners should increasingly look to psychology and
What are ‘property rights’, and why do they matter? A comment on Hodgson's article
  • Y. Barzel
  • Economics
    Journal of Institutional Economics
  • 2015
Abstract This comment divides ‘property rights’ into ‘legal rights’ and ‘economic rights’ in order to distinguish between two very different concepts that are often confounded in the literature.
On Hodgson on property rights
  • D. Allen
  • Economics
    Journal of Institutional Economics
  • 2015
Abstract Geoffrey Hodgson has a number of criticisms regarding the ‘economic approach to property rights’ that has been mostly championed by members of the UCLA and Washington departments of
The Future of Law and Economics
Abstract This exchange between Judge Posner and Professor Becker – two founding fathers of our discipline – was composed almost 3 years ago, but the perspective and wisdom of this exchange remains