The past, present and future of comparative law and economics

Ramello, Giovanni B.

doi:10.4337/9780857932587.00007

Cited by 14 publications

(5 citation statements)

References 11 publications

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“…It is not simply to distinguish the European Journal of Law and Economics from a possible American counterpart nor to indicate the geographical location of its editors (him and Frank Stephen), that this name was chosen. Backhaus really believed that law and economics has a European legacy (see also Ramello 2016). More precisely, he believed that law and economics has a "continental" rather than Anglo-Saxon origins-let us note here that he also believed that there exists a particularly important continental tradition in public finance that leads to the development of public choice (see Backhaus and Wagner 2005).…”

Section: Introductionmentioning

confidence: 94%

Law and Economics in Europe and the U.S.

Marciano¹,

Ramello²

2016

The European Heritage in Economics and the Social Sciences

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of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made.

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Section: Introductionmentioning

confidence: 94%

Law and Economics in Europe and the U.S.

Marciano¹,

Ramello²

2016

The European Heritage in Economics and the Social Sciences

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“…His scholarship was originally European, and his academic thinking was formed there, thanks especially-as Coase himself recognized in his Nobel lecture 3 -to Arnold Plant. Plant was another iconic English scholar who dealt with the economic analysis of law; he had a special interest in copyright and patent (Ramello 2016), a field to which Coase sometimes turned his attention precisely because of the debt he felt to Plant. 4 Connecting Guido Calabresi to Europe is trickier.…”

Section: Law Economics and Europementioning

confidence: 99%

The future of law and economics and the legacy of Guido Calabresi

2019

Self Cite

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“…No institution can be said to be better than another in absolute terms. Each institution has benefits and costs and it is only by comparing these benefits and costs that one may decide which one should be chosen (see Boettke et al 2013;Ramello 2015). theoretically, that is by using pure or abstract theories.…”

Section: Institutions: Markets Firms and The Statementioning

confidence: 99%

Ronald H. Coase (1910–2013)

Marciano

2019

The Palgrave Companion to LSE Economics

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The purpose of this chapter is to link Ronald Coase's methodological approach to what he 'learned' when he was at the London School of Economics (LSE) from Edwin Cannan and Arnold Plant. The main lesson Coase taught us and insisted upon was that economics should not be too 'abstract' and should not rely on a priori categories. He pleaded for more realism in economics, for a form of 'political economy': economists should use theory to generalise what facts tell us rather than trying to interpret facts by using a priori and abstract categories. This conception of economics is closer to the LSE of Cannan and Plant than to the Chicago of Stigler, Friedman, Becker, or Posner.

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The past, present and future of comparative law and economics

Cited by 14 publications

References 11 publications

Law and Economics in Europe and the U.S.

Law and Economics in Europe and the U.S.

The future of law and economics and the legacy of Guido Calabresi

Ronald H. Coase (1910–2013)

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