Law and Economics: Text and Materials

by David Campbell, Matthias Klaes

(Part of Butterworths Law in Context series)

This new text provides a comprehensive, critical evaluation of the extremely influential theories that have explored the relationship of economics and law. Though the Keynesian consensus over the role of the state in economic activity has broken down, no clear views about the nature of the new regulatory state have emerged. Using economics to evaluate legal regulation but insisting upon the necessity of a legal framework for welfare enhancing economic activity, this book will argue that the best use of regulation is not to achieve specific social goals but to enable free choice.

Law and Economics: Text and Materials contains all the materials necessary to give an advanced undergraduate and postgraduate course on law and economics. It will be of relevance to those studying law, economics, business studies and political theory.

Paperback

About the author

David Campbell is a Professor of Law at Lancaster University. He was educated at Cardiff University, UK (BSc(Econ) 1980), the University of Michigan School of Law, USA (LLM 1985), and the University of Edinburgh, UK (PhD 1985). Since 1985, he has taught at several British universities and in Australia, Hong Kong, Japan, New Zealand, Spain, and the USA. He is now a Professor at the Lancaster University School of Law, UK. Professor Campbell has written extensively on a wide range of legal and social-scientific issues. He is a leading contributor to the law of contract, particularly to 'the relational theory of contract', and to the economic, legal, and social theory of regulation.