Readership: Scholars and students of the philosophy of law; legal theorists; political scientists and economists.
Jules L. Coleman, Wesley Newcomb Hohfeld Professor of Jurisprudence and Professor of Philosophy, Yale University
"Coleman certainly gets one thinking ... wide ranging." - Legal Week
Review(s) from previous edition"This wide-ranging series of essays, representing the work of many years, conducts a thoughtful and stimulating dialogue with economic analysts of law and other legal and political theorists on subjects ranging from legal positivism to the settlement of civil cases out of court. - Judge Richard A. Posner, United States Court of Appeals for the Seventh Circuit
"In Jules Coleman's essays, two rich fields of enquiries - how to understand law, and how far economic models apply to non-market institutions - are brought together and illuminated by one of the outstanding contemporary practitioners of legal philosophy." - David Gauthier, Distinguished Service Professor of Philosophy, University of Pittsburgh
Part I: Law and Morality 1: Negative and Positive Positivism 2: Rethinking the Theory of Legal Rights Part II. Law and Economics 3: Efficiency, Auction, and Exchange 4: Efficiency, Utility, and Wealth Maximisation 5: The Foundation of Constitutional Economics Part III. Torts, Crimes and Settlements 6: Crimes, Kickers and Transaction Structures 7: The Morality of Strict Tort Liability 8: Corrective Justice and Wrongful Gain 9: Justice in Settlements Part IV. Markets, Morals and Politics 10: Market Contractarianism 11: Unanimity 12: Democracy and Social Choice 13: Morality and the Theory of Rational Choice
