Abstract:
As human societies developed, a bedrock necessity was the identification of expectations and norms that protected individuals and families from wrongful injury, property damage, and taking. Written law, dating to the Babylonian codes and early Hebrew law, emphasized congruent themes. Such law protected groups and individuals from wrongful injury, depredation of the just deserts of labor, interference with the means of individual livelihood, and distortion of the fair distribution of wealth.
Hellenic philosophers assessed the goals of society as being the protection of persons and property from wrongful harm, protection of the individual’s means of survival, discouragement of self-aggrandizement, and the elevation of individual knowledge that would carry forward and perfect such principles. Roman law was replete with proscriptions against forced taking and unjust enrichment, and included rules for ex ante contract-based resolution of potential disagreement. Customary law perpetuated these efficient economic tenets within the Western World and beyond.
The common law has nurtured many of the same ends. From the translation of the negligence formula of Judge Learned Hand into a basic efficiency model to the increasing number of judicial opinions that rely explicitly upon economic analysis, efficiency themes enjoy a conspicuous place in modern tort analysis.
M Stuart Madden. 2012. “TORT LAW THROUGH TIME AND CULTURE: THEMES OF ECONOMIC EFFICIENCY” ExpressO, bepress.com.
First posted 2012-08-14 12:50:38
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