Law and Economics - Influence

Influence

In the United States, economic analysis of law has been extremely influential. Judicial opinions utilize economic analysis and the theories of law and economics with some regularity. The influence of law and economics has also been felt in legal education. Many law schools in North America, Europe, and Asia have faculty members with a graduate degree in economics. In addition, many professional economists now study and write on the relationship between economics and legal doctrines. Anthony Kronman, former dean of Yale Law School, has written that "the intellectual movement that has had the greatest influence on American academic law in the past quarter-century " is law and economics.

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Famous quotes containing the word influence:

    Power lasts ten years; influence not more than a hundred.
    Korean proverb, quoted in Alan L. Mackay, The Harvest of a Quiet Eye (1977)

    I have thought a sufficient measure of civilization is the influence of good women.
    Ralph Waldo Emerson (1803–1882)

    Women stand related to beautiful nature around us, and the enamoured youth mixes their form with moon and stars, with woods and waters, and the pomp of summer. They heal us of awkwardness by their words and looks. We observe their intellectual influence on the most serious student. They refine and clear his mind: teach him to put a pleasing method into what is dry and difficult.
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