Minnesota Law Review
Adam and Max, two law professors and longtime friends, have just run into each other at an Association of American Law Schools (AALS) meeting. Adam has long been a zealous partisan of the law and economics approach to legal analysis. Max, though he has some training in economics, is more skeptical about that approach. The two old friends have discussed various aspects of this subject over the years, and in this meeting they renew their discussion. The topic this time: Fairness Versus Welfare, 1 the new book (formerly a mammoth article in the Harvard Law Review) 2 by two leading advocates of law and economics, Louis Kaplow and Steven Shavell.
Brett McDonnell, The Economists' New Arguments, 88 Minn. L. Rev. 86 (2003), available at http://scholarship.law.umn.edu/faculty_articles/121.