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It has long been criticized that history is almost entirely absent from orthodox economics. This deficiency is due to the fact that equilibrium and time make an odd couple. Because equilibrium is one of the crucial hard-core propositions of the research program it cannot be abandoned. This...
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1. Evolutionary method in law and economics -- 2. Causes and consequences of the widening of the market: a case of … -- 5. Interstate commerce and federal regulation of business -- 6. John R. Commons and co-evolution of law and economics. …Law and economics are interdependent. Using a historical case analysis approach, this book demonstrates how the legal …
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