In Who Owns the Sky? The Struggle to Control Airspace from the Wright Brothers On, UCLA law professor Stuart Banner examines how the United States moved from the ad coelom rule
In this article, Professor Bruce L. Benson offers a review of James L.
Many of the problem areas in the law of contracts stem from the historical fact that the law of contracts has been fashioned out of material that does not fit together logically. Some jurists view contracts as conventions serving to secure people's expectations. These jurists, who support their approach by invoking the allied philosophical traditions of utilitarianism and pragmatism, have tried to make the law of contracts a device to protect parties who rely on promised advantages. Therefore, these jurists want law-enforcement processes to make people live up to the expectations they arouse in others.
That philosophic ideas count is no news to Austrian economists, whose economic theories rest on conceptual analyses of action and value.
The law & economics movement has become one of the most dynamic schools within economics.
In his seminal work, “The Problem of Social Cost,” Coase held that in cases of private property right disputes involving what have been
In this article, William L. Anderson reviews Judge Andrew P.
We might assume from the title of Hayek’s earliest comprehensive treatment of the subject that the “rule of law” would appear as
The following essay attempts to touch on one aspect of modern environmentalism and to examine it against the backdrop of the values associated with
In 1844 Massachusetts resident Lysander Spooner (1808–1887) advertised in the public press the establishment of the American Letter Mail Company.
