On the Fitness between Law and Economics—Or Sunstein between Posner and Calabresi

Author:

Esposito Fabrizio12ORCID

Affiliation:

1. University NOVA of Lisbon , CEDIS , Lisbon , Portugal

2. Edmond J. Safra Center for Ethics , Tel Aviv University - Buchmann Faculty of Law , Tel Aviv University, P.O. Box 39040 , Tel Aviv 6997801 , Israel

Abstract

Abstract This article strengthens Calabresi’s call for a bilateral relationship between law and economics with two claims. The first claim is that the fitness analysis of Law and Economics (“concept-based fitness”) requires studying legal reasons and reasoning. This is a remarkable difference with the fitness analysis performed by the Economic Analysis of Law (“effect-based fitness”). Accordingly, Law and Economics and Economic Analysis of Law differ at the fitness stage already. The second claim is that Sunstein’s research on minimalism resonates well with Calabresi’s project although Sunstein has failed to acknowledge this in his book review. The article concludes with a discussion of how a minimalist approach contributes to a bilateral relationship between economics and law.

Publisher

Walter de Gruyter GmbH

Subject

Law,Political Science and International Relations

Reference35 articles.

1. Calabresi, Guido. 1982. “The New Economic Analysis of Law: Scholarship, Sophistry, or Self-Indulgence?” Proceedings of the British Academy 85: 85–108.

2. Calabresi, Guido. 2016. The Future of Law and Economics: Essays in Reform and Recollection. Yale: Yale University Press.

3. Canale, Damiano, and Giovanni Tuzet. 2005. “Interpretive Scorekeeping.” In Analisi e Diritto, edited by Riccardo Guastini, and Paolo Comanducci, 81–97. Torino: Giappichelli.

4. Canale, Damiano, and Giovanni Tuzet. 2007. “On Legal Inferentialism. Toward a Pragmatics of Semantic Content in Legal Interpretation?” Ratio Juris 20: 32–44.

5. Chiassoni, Pierluigi. 2016. “La Terra Promessa del Professor Calabresi.” Contratto E Impresa 3: 608–15.

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