‘Means and Ends in Law and Economics’

“Is law and economics about means, ends, or both? This question, which lies at the heart of Guido Calabresi’s intriguing new book, turns out to have no easy answer. Law and economics is by turns imperialistic and indifferent, a dominating know-it-all and a deferential technician. Often law and economics seems like a means-focused enterprise: Give us a social goal, its practitioners offer, and we will find the best way there – the efficient way. This accords with the lay definition of efficiency …” (more)

[Lee Fennell and Richard McAdams, Concurring Opinions, 5 February]

First posted 2016-02-05 19:18:44

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