Adam Smith turned economic theory on its head in 1776 when he declared that the pursuit of self-interest mediated by the market itself--not by government--led, via an invisible hand, to the greatest possible welfare for society as a whole. The Hesitant Hand examines how subsequent economic...

The jurisprudential niche of law and economics -- Chicago law and economics -- Public choice theory -- Institutional law and economics -- The new institutional economics -- Branching out : New Haven, Modern Civic Republican, and Austrian approaches -- Social norms and law and economics