History
The term achieved renown when coined by Stan V. Smith (economist) during his testimony, the first such testimony proffered nationwide, in the case of Sherrod v. Berry, 827 F.2d 195 (7th Cir. 1987). It has since been in widespread use in subsequent legal decisions, in law review articles, and in law and economics articles nationwide. See for example Professon Cass Sunstein's University of Chicago Law & Economics, Olin Working Paper No. 340, July 2007. Such testimony has been admitted in state and federal court hundreds of times nationwide, increasingly gaining acceptance over the past decade, since 2000.
Read more about this topic: Hedonic Damages
Famous quotes containing the word history:
“As History stands, it is a sort of Chinese Play, without end and without lesson.”
—Henry Brooks Adams (1838–1918)
“All objects, all phases of culture are alive. They have voices. They speak of their history and interrelatedness. And they are all talking at once!”
—Camille Paglia (b. 1947)
“History is not what you thought. It is what you can remember. All other history defeats itself.
In Beverly Hills ... they don’t throw their garbage away. They make it into television shows.
Idealism is the despot of thought, just as politics is the despot of will.”
—Mikhail Bakunin (1814–1876)