Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right

by Jane Mayer

After Harvard approved Law and Economics, other schools soon followed. By 1990, nearly eighty law schools taught the subject. Olin fellows in Law and Economics, meanwhile, began to beat a path to the top of the legal profession, winning Supreme Court clerkships at a rate of approximately one each year, starting in 1985. Many of the adherents were outstanding lawyers and not all were conservative, but they were changing the prevailing legal culture. By 1986, Bruce Ackerman, then a professor at Columbia Law School, called Law and Economics “the most important thing in legal education since the birth of Harvard Law School.” Teles, in his 2008 book, The Rise of the Conservative Legal Movement, described Law and Economics as “the most successful intellectual movement in the law of the past thirty years, having rapidly moved from insurgency to hegemony.”