Jurisprudence

Jurisprudence Order Description The Question is: “The problem with economic analysis of law is that money is not an adequate measure of welfare or fairness.” Discuss. Footnotes must contain only citations and not text. Recommended Referencing: G Calabresi The Cost of Accidents: a Legal and Economic Analysis (Newhaven:Yale UP, 1970) P Cane “The Anatomy of Private Law Theory: A 25th Anniversary Essay” (2005) 25 OJLS 203 R Coase “The Problem of Social Cost” 3 Journal of Law and Economics 1 (1960) R Dworkin “Is Wealth a Value”, chapter 12 of A Matter of Principle R Dworkin Law’s Empire chapter 8 I Englard The Philosophy of Tort Law (Aldershot: Dartmouth, 1993) George Fletcher “Fairness and Utility in Tort Theory" 85 Harvard Law Review 537 (1972) J Hanson, K Hanson and M Hart “Law and Economics” in D Patterson ed A Companion to the Philosophy of Law and Legal Theory (2nd ed, Oxford: Blackwell, 2010) W Landes and R Posner The Economic Structure of Tort Law (Cambridge, Mass: Harvard UP, 1 987) A Leff “Economic Analysis of Law: Some Realism about Nominalism” 60 Virginia Law Review 451 (1974) D Owen ed Philosophical Foundations of Tort Law (Oxford: OUP, 1995) S Perry “The Moral Foundations of Tort Law” 77 Iowa L. Rev 449 Richard Posner “A Theory of Negligence” 1 J. Leg. Studies 29 (1972) pp.29-33 R Posner “Utilitarianism, Economics and Legal Theory” 8 Journal of Legal Studies 103 (1972) R Posner Economic Analysis of Law (8th ed, New York: Aspen, 2011) chapter 6 G Postema ed Philosophy and the Law of Torts (Cambridge: CUP, 2001) R Wright “Hand, Posner, and the Myth of the ‘Hand Formula’” 4 Theoretical Inquiries in Law 1 (2003)