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Economic conditions. Economic development --- Economic schools --- Economics --- Economie politique --- History --- Periodicals. --- Histoire --- Périodiques --- Économie politique --- Economics. --- Politische Ökonomie --- #ETEW:TSCAT --- #A50061 --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Periodicals --- Arts and Humanities --- General and Others --- Business, Economy and Management --- Arts and Humanities. --- General and Others. --- Economische geschiedenis. --- Economische politiek. --- Science économique. --- Histoire. --- Politische Ökonomie. --- Geschichte. --- Zeitschrift. --- Périodiques --- EBSCOBSP-E EJECONO EJHISTO EPUB-ALPHA-H EPUB-PER-FT --- Economische leerstelsels --- Economische toestand. Economische ontwikkeling --- Political Economy. --- Geschichte --- Zeitschrift --- Economic theory --- Political economy --- Social sciences --- Economic man --- Landesgeschichte --- Regionalgeschichte --- Ortsgeschichte --- Zeitgeschichte --- Geschichtsphilosophie --- Vergangenheit --- Ökonomische Theorie der Politik --- Wirtschaftstheorie --- Periodikum --- Zeitschriften --- Presse --- Fortlaufendes Sammelwerk --- Ökonomische Theorie der Politik

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Economic analysis of law is an interesting and challenging attempt to employ the concepts and reasoning methods of modern economic theory so as to gain a deeper understanding of legal problems. According to Richard A. Posner it is the role of the law to encourage market competition and, where the market fails because transaction costs are too high, to simulate the result of competitive markets. This would maximize economic efficiency and social wealth. In this work, the lawyer and economist Klaus Mathis critically appraises Posner’s normative justification of the efficiency paradigm from the perspective of the philosophy of law. Posner acknowledges the influences of Adam Smith and Jeremy Bentham, whom he views as the founders of normative economics. He subscribes to Smith’s faith in the market as an ideal allocation model, and to Bentham’s ethical consequentialism. Finally, aligning himself with John Rawls’s contract theory, he seeks to legitimize his concept of wealth maximization with a consensus theory approach. In his interdisciplinary study, the author points out the possibilities as well as the limits of economic analysis of law. It provides a method of analysing the law which, while very helpful, is also rather specific. The efficiency arguments therefore need to be incorporated into a process for resolving value conflicts. In a democracy this must take place within the political decision-making process. In this clearly written work, Klaus Mathis succeeds in making even non-economists more aware of the economic aspects of the law. "Mathis gives a succinct and lucid presentation of the economic theory of law, and of the problems associated with its application as a normative theory in law. At the same time, he rightly draws attention to the advantages associated with this approach, and provides a helpful and thoroughly ambitious introduction to its fundamental principles." Prof. Dr. Jan-R. Sieckmann, Archives for Philosophy of Law and Social Philosophy (ARSP), Vol. 91/2 (2006).

Economics. --- Justice, Administration of --- Law --- Procedure (Law) --- Economic aspects. --- Philosophy. --- Jurisprudence --- Adjective law --- Legal procedure --- Practice (Legal procedure) --- Procedural law --- Administration of justice --- Courts --- Economic theory --- Political economy --- Social sciences --- Economic man --- Practice --- Procedure --- Law and legislation --- Ökonomische Theorie des Rechts --- Rechtsphilosophie. --- Law and economics. --- Philosophy (General). --- Economic theory. --- Political science. --- Law and Economics. --- Theories of Law, Philosophy of Law, Legal History. --- Philosophy, general. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Political Science. --- Administration --- Civil government --- Commonwealth, The --- Government --- Political theory --- Political thought --- Politics --- Science, Political --- State, The --- Economics and jurisprudence --- Economics and law --- Jurisprudence and economics --- Economics --- Law—Philosophy. --- Law. --- Mental philosophy --- Humanities --- Acts, Legislative --- Enactments, Legislative --- Laws (Statutes) --- Legislative acts --- Legislative enactments --- Legislation

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The Revue Économique was founded in 1950 by leading research institutes and has published original research in all areas of theoretical and empirical economic research. It aims to offer as much visibility as possible to all points of view in economic analysis. Along the same line, it is particularly open to contributions from other social sciences which are likely to enrich the thinking and methods of economists. Edited by the Presses de Sciences Po, the Revue Économique is published six times a year, and has a variety of articles, themed issues, and conference proceedings. All articles published since 1950, up to the three-year publication prohibition, are freely accessible at Cairn.info and Persee.fr . The Revue Économique has an editorial peer review committee that is recognized by the academic world beyond French borders and is open to contributions from authors from around the world. Submissions are reviewed by an international peer review committee and published in French or English, depending on the author’s native language. Due to the rigorous evaluation procedure and the high quality of submissions, the Revue Économique is ranked among the top French social science journals according to the National Center for Scientific Research, or Centre National de la Recherche Scientifique (CNRS). It is referenced in RePEc, Scopus, Jstor, Econlit, and others. With more than 350 issues published, it is an economic journal of reference, enjoying a wide circulation in France and abroad.

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