Origins of Law and Economics: The Economists' New Science of Law, 1830-1930 (Book).

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Zdroj: American Journal of Economics & Sociology; Apr98, Vol. 57 Issue 2, p172, 1p
Abstrakt: This article focuses on the book "Origins of Law and Economics: The Economists' New Science of Law, 1830-1930," by Heath Pearson. In this book, Pearson argues forcefully and in great depth that a long-standing social-scientific legal historiography existed in Germany and that a science of rights and obligations took root in Central Europe circa 1830. Study and investigate those institutions that permit an economy to realize the gains from specialization and division of labor associated with the sophisticated technology that has developed in the Western world in the last several centuries. The methods chosen have made use of the tools of economic analysis and especially that of methodological individualism. The methodological individualist attempts to explain the development of institutions as an outcome of rational-egoistic behavior and the tendency of some to copy the effective actions of others. This approach to the evolution of institutions is typically contrasted with that of the German historical school and their supposedly holistic-collectivist attitude toward social organization.
Databáze: Complementary Index
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