Adam Smith and the Philosophy of Law and Economics is a unique book. Malloy and Evensky bring together a team of international and interdisciplinary scholars to address the work of Adam Smith as it relates to law and economics. In addition to their own contributions, the book includes works by Dr. John W. Cairns of the University of Edinburgh, Dr. J. Ralph Lindgren of Lehigh University, Professor Kenneth A.B. Mackinnon of the University of Waikato, and the Honorable Richard A. Posner of the United States Circuit Court of Appeals. Together these authors bring expertise from the areas of law, philosophy, history, economics, and law and economics to a new study of Adam Smith and his work. Part One of the book presents new and important observations on Smith's views on community, ethics, the court system, criminal law, and delictual or tort law liability. In this part of the book Smith's work is also examined from the perspective of his use as persuasive authority in the works of modern legal economists. In Part Two the `living Smith' is explored by way of a debate between two major contributors in the field of law and economics. The debate and its analysis create a unique and contemporary opportunity to study Smith as a foundational source in the midst of a current academic and social policy dispute. The understanding of Adam Smith that emerges from this book is new and complex. It will challenge the one-dimensional portrayals of Smith as a promoter of self-interest and it will correct many of the misinterpretations of Smith that are currently fashionable in the worlds of law and economics and the philosophy of law.
... dreading least the Great Justiciary should serve him in the same way as the Mayer de Palais had done the French kings , abolished his authority all together . ( LJA , 276 ) This marked the point at which , according to Smith ...
With that framework in place, Evensky examines Smith's critique of alternative models, mercantilism and physiocracy, in Book IV, and Smith's presentation of the policy implications of his analysis presented in Book V. This guide highlights ...
This volume reproduces key works of scholarship which highlight the contributions of Adam Smith to our understanding of law and jurisprudence.
Adam Smith (1723–1790) is widely regarded as one of the great thinkers of the Enlightenment period.
In Economic Theory and Natural Philosophy Charles Clark sheds new light on the development of economic thought, paying particular attention to elements of continuity and divergence. The book offers many...
While such a construct may be useful for some purposes in economics, or as a foil in identity politics, it is not particularly helpful when seeking to understand Adam Smith's theory of jurisprudence. As previously discussed ...
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.
This book offers a vision of economics in which there is no place for universal laws of nature, and even for laws of a more probabilistic character.
Guides students through the basics of economics; law and economics; comparative viewpoints of conservatives, liberals, left communitarians and neo-Marxists, libertarians and classical liberals; and practical applications of law and economics...
The Glasgow Edition of the Works and Correspondence of Adam Smith represents the first comprehensive Smith index ever published.