These essays are based on the Coase Lectures presented by faculty of the University of Chicago Law School. The lectures, named for Nobel Laureate and emeritus Chicago faculty member Ronald Coase, are designed to introduce law students, and especially first-year law students, to the economic analysis of law. The lectures thus assume no prior knowledge of economics, and only the most minimal knowledge of the law. The essays collected in this book are for the most part faithful reproductions of the lectures, with citations added for the purpose of guiding the reader to the relevant literature.
Eric Posner is the Kirkland & Ellis Professor of Law at The University of Chicago.
His books include Law and Social Norms (Harvard 2000); Chicago Lectures in Law and Economics (Foundation 2000) (editor); Cost-Benefit Analysis: Legal, Economic, and Philosophical Perspectives (University of Chicago 2001) (editor, with Matthew Adler); The Limits of International Law (Oxford 2005) (with Jack Goldsmith); New Foundations of Cost-Benefit Analysis (Harvard 2006) (with Matthew Adler); and Terror in the Balance: Security, Liberty, and the Courts (Oxford 2007) (with Adrian Vermeule). He is also an editor of the Journal of Legal Studies. He has published articles on bankruptcy law, contract law, international law, cost-benefit analysis, constitutional law, and administrative law, and has taught courses on international law, foreign relations law, contracts, employment law, bankruptcy law, secured transactions, and game theory and the law. His current research focuses on international law, immigration law, and foreign relations law. He is a graduate of Yale College and Harvard Law School.