Wealth Maximization and the Law


The conference focused on a particular topic of law and economics: the relation between law and wealth maximization, its central importance to the study of the legal institutions best suited to a free society, and the unique contribution of Richard Posner to that topic.


Conference Readings

Calabresi, Guido. The Costs of Accidents: A Legal and Economic Analysis. New Haven: Yale University Press, 1970.

Calabresi, Guido. “An Exchange: About Law and Economics: A Letter to Ronald Dworkin.” Hofstra Law Review 8 (1980): 553-562.

Cooter, Robert D. “Liberty, Efficiency and Law.” Law and Contemporary Problems 50, no. 4 (Fall 1987): 141-163.

Cooter, Robert D. The Strategic Constitution. Princeton: Princeton University Press, 1981.

Kaplow, Louis and Steven Shavell. Fairness Versus Welfare. Cambridge: Harvard University Press, 2006.

Kraus, Jody S. “Reconciling Autonomy and Efficiency in Contract Law: The Vertical Integration Strategy.” Philosophical Issues, Social, Political, and Legal Philosophy, 11  (2001): 420-441.

Posner, Richard. The Economics of Justice. Cambridge: Harvard University Press, 1981.

Posner, Richard A. The Problems of Jurisprudence. Cambridge: Harvard University Press, 1990.

Posner, Richard A. “Wealth Maximization Revisited.” Notre Dame Journal of Law, Ethics and Public Policy (February 2014): 85-105.