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How far an Austrian law and economics should be Posnerian?

A comment on Peter Leeson


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.

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Correspondence to Alain Marciano.

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Marciano, A. How far an Austrian law and economics should be Posnerian?. Rev Austrian Econ 25, 351–354 (2012).

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

JEL Codes

  • B53
  • K00
  • K49