Common Law and Economic Efficiency

Economic Efficiency of Transfusion Medicine Law

Transfusion medicine, which involves taking blood from the donor to the stage after the blood transfusion to the recipient and the subsequent care of him/her, is presented as one of the most innovative ways in modern medicine in the world and with the new dimensions of its therapeutic and therapeutic applications, are faced with ambiguity, overview and morelegal and ethical gaps in this field. ...

The Syndrome of the Efficiency of the Common Law

Our article is a methodological critique of the recent legal origins literature. We start by showing that the legal origins literature cannot easily be based on the efficiency hypothesis of the common law. By debunking the relationship between the efficiency hypothesis and the legal origins literature, we are left with no consistent theory to explain the alleged inferiority of French civil law....

Law, Finance, and Economic Growth

This paper examines the connection between the legal environment and financial development, and then traces this link through to long-run economic growth. Countries with legal and regulatory systems that (1) give a high priority to creditors receiving the full present value of their claims on corporations, (2) enforce contracts effectively, and (3) promote comprehensive and accurate financial r...

Western Philosophies of Law: the Common Law

Ordinary Administrative Law as Constitutional Common Law

Henry Monaghan famously argued that much of constitutional interpretation takes the form of what he termed constitutional common law, a body of doctrines and rules that are constitutionally inspired but not constitutionally required and that can be altered or reversed by Congress. This Essay argues that a fair amount of ordinary administrative law qualifies as constitutional common law: Constit...