This paper addresses the important question: What is the proper role of the state in the general area of environmental regulation? The subject itself poses certain major difficulties for political theories which, whatever their differences, at least call for both a...

<DIV>With this book, Richard A. Epstein provides a spirited and systematic defense of classical liberalism against the critiques mounted against it over the past thirty years. One of the most distinguished and provocative legal scholars writing today, Epstein here explains his controversial ideas in...</div>

This pioneering Handbook contains specially-commissioned chapters on tort law from leading experts in the field. This volume evaluates issues of vital importance to those seeking to understand and reform the tort law and the litigation process, taking a multi-disciplinary approach, including...

The stagnation of the American economy during the past decade is attributable to faulty policies at both the macro and micro level. The efforts to organize stimulus programs and manipulation tax rates create uncertainties that offset any supposed gains from Keynesian policies. At the same time,...

Ribstein's account of the perilous times ahead for “Big Law” mentions “deprofessionalization” as one of the major risks for the legal profession. Deprofessionalization involves the substitution of standardized practices and protocols for existing methods of production of professional...

This Research Handbook assembles the original work of leading legal and economic scholars, working in a variety of traditions and methodologies, on the economic analysis of labor and employment law. In addition to surveying the current state of the art on the economics of labor markets and...

This paper analyzes three issues critical to understanding the chronic shortage of organs. Section 2 develops a simple economic model of altruism that helps explain how markets with altruistic participants operate like ordinary economic markets but produce an equilibrium position in which more...

The current article proposes that further specification of the system of care concept is required. Based on the assertions that the system of care concept (a) refers to an ideal as opposed to an observable phenomenon, and (b) is engaged in offering transformational experiences, the authors...

Many modern writers have criticized the notion that property consists of a bundle of rights in some determinate thing as a weak conception that invites increased government control over private property, especially real estate. This article rejects that conception for the following reasons....