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- W2057270629 abstract "Abstract The Law and Economics movement that emerged in the University of Chicago through the 1940s and 1950s, around Ronald Coase's example, is a manifestation of the neo-liberal project of applying neo-classical economics to state sovereignty. In the 1970s and 1980s, Law and Economics ideas revolutionized the application of antitrust laws in the United States. However, this achievement came about not through a transformation in economic orthodoxy, but through persuading legal experts to recognize the inherent ‘nonsense’ at work in their own normative assumptions. The Chicago antitrust revolution is therefore symptomatic of trends that Foucault viewed as definitive of neo-liberalism more broadly." @default.
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- W2057270629 date "2010-02-01" @default.
- W2057270629 modified "2023-10-18" @default.
- W2057270629 title "Economics and the ‘nonsense’ of law: the case of the Chicago antitrust revolution" @default.
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- W2057270629 doi "https://doi.org/10.1080/03085140903020655" @default.
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