The Progressive Assault on Laissez Faire: Robert Hale and the First Law and Economics MovementLaw and economics is the leading intellectual movement in law today. This book examines the first great law and economics movement in the early part of the twentieth century through the work of one of its most original thinkers, Robert Hale. Beginning in the 1890s and continuing through the 1930s, progressive academics in law and economics mounted parallel assaults on free-market economic principles. They showed first that "private," unregulated economic relations were in fact determined by a state-imposed regime of property and contract rights. Second, they showed that the particular regime of rights that existed at that time was hard to square with any common-sense notions of social justice. |
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... bargaining strength of unions in private negotiations , as well as direct ( statist ) legislation mandating wages , hours , and other terms of employment.23 More generally , he strongly supported that " quintessential progressive reform ...
... bargaining power , it did not inject coercion for the first time into those relations ; it merely changed the relative distribution of coer- cive power . Whether that change might actually increase net freedom in society was an ...
... bargaining power of the parties involved , progressive rent theory had strong and obvious ties to orthodox socialism . However , there were important analytical differences in the arguments , with important politi- cal implications . In ...
... bargaining power of remaining labor will decrease , until wage rates are driven below even a subsistence minimum . Thus , in Marxian economics , the coerciveness of the labor contract had a predictable , indeed inevitable , distributive ...
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Contents
1 | |
2 The Empty Idea of Liberty | 29 |
3 The Empty Idea of Property Rights | 71 |
4 A RentTheory World | 108 |
Rate Regulation of Public Utilities | 160 |
6 Conclusion | 205 |
Notes | 217 |
Index | 333 |
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The Progressive Assault on Laissez Faire: Robert Hale and the First Law and ... Barbara H. Fried No preview available - 2001 |