Article

The Review of Austrian Economics

, Volume 25, Issue 4, pp 351-354

How far an Austrian law and economics should be Posnerian?

A comment on Peter Leeson

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Abstract

The purpose of this note is to stress that Posner’s conception of law and of the role of judges in a legal system might be problematic for an Austrian approach to law and economics, despite the praxeological dimension of his analysis.

Keyword

Posner Austrian economics Law and economics Economic analysis of law Constructivism Judges Common law

JEL Codes

B53 K00 K49