Law and Economics:A Guide to Research Sources Robin Gault Associate Director, Research Center Fall 2007
“For the rational study of the law the black letter man may be the man of the present, but the man of the future is the man of statistics and the master of economics.” • Oliver Wendell Holmes, Jr., The Path of the Law, 10 Harvard Law Review 457, 469 (1897).
Introduction Why “law and economics”? Providing a scientific basis for law. Influence of other social sciences.
Overview of Law and Economics Introductory sources in print copy: Robert Cooter and Thomas Ulen, Law and Economics, 4th ed. (2004) [K 487 E3 C665 2004] David, D. Friedman, Law’s Order: What Economics Has to Do with Law and Why It Matters (2000) [Reserve HB 171 F768 2000, also e-book] Jeffrey L. Harrison, Law and Economics in a Nutshell, 3d ed. (2003) [Reserve K 487 E3 H37 2003] Richard A. Posner, Economic Analysis of Law, 7th ed. (2007) [Reserve KF 385 P65 2007] Steven Shavell, Economic Analysis of Law (2004) [Reserve K 487 E3 S528 2004]
Introductory information on the Web: “Law and Economics” in The Internet Encyclopedia of Philosophy http://www.iep.utm.edu/l/law-econ.htm “Law and Economics” in The Concise Encyclopedia of Economics (The Library of Economics and Liberty) http://www.econlib.org/library/ENC/LawandEconomics.html David D. Friedman, Law’s Order: What Economics Has to Do with Law and Why It Matters http://www.daviddfriedman.com/laws_order/
Dictionaries and Encyclopedias The New Palgrave Dictionary of Economics and the Law (1998) [K 487 E3 N48 1998] Encyclopedia of Law and Economics [K 487 E3 E23 2000] http://encyclo.findlaw.com/
Locating Journal Articles All of the important journals covering law and economics are indexed in EconLit. Major economics journals also have back issues available through JSTOR. Some of the journals on law and economics also have back issues available on Hein Online.
Major Journals in Law and Economics • Journal of Law and Economics (v.40-current; Westlaw and Lexis v. 37-current; JSTOR v. 1-43) • Journal of Legal Studies (v. 26-current; Westlaw and Lexis v. 23-current; JSTOR v.1-36; Hein Online v. 1-31) • Journal of Law, Economics & Organization (v. 13-present; Westlaw v. 10-present; JSTOR and Hein Online v. 1-13) • Supreme Court Economic Review (Westlaw 1995-current; Lexis 1997-current; JSTOR v. 1-9, 1982-2001; Hein Online v. 1-10, 1982-2003)
Internet-Only Journals • Social Science Research Network (SSRN) Legal Scholarship Network: Law and Economics series (including FSU College of Law) • Berkeley Electronic Press: Review of Law and Economics
Economics Research National Bureau of Economic Research http://nber.org/ NBER is the leading nonprofit research organization in the U.S. Its mission is to undertake and disseminate unbiased economic research to guide policy-making in government and business.
Law and Economics Links Findlaw Law and Economics links: http://lawecon.lp.findlaw.com/ University of Chicago Law School Law and Economics links: http://www.law.uchicago.edu/Lawecon/links.html
Sources of Economics Statistics U.S. Department of Commerce Bureau of Economic Analysis http://bea.gov/ The Bureau of Economic Analysis collects, analyzes, and disseminates statistical information about the nation’s economy.
U.S. Department of Health Centers for Disease Control and Prevention http://www.cdc.gov/DataStatistics The CDC collects and disseminates health and medical data.
U.S. Department of Labor Bureau of Labor Statistics http://www.bls.gov/ The BLS collects a wide array of data on employment and consumer spending.
U.S. Securities and Exchange Commission Filings (EDGAR)http://www.sec.gov/edgar.shtml All publicly-traded companies doing business in the U.S. are required to file periodic reports with the SEC. These are available to the public through EDGAR.
Other federal government sources: FedStats home page has links to all agencies, indexed in a variety of ways: http://www.fedstats.gov/
A Few Blogs The Becker-Posner Blog: http://www.becker-posner-blog.com/ Law and Econ Prof Blog: http://lawprofessors.typepad.com/law_econ/ University of Chicago Law School Faculty Blog: http://uchicagolaw.typepad.com/ Not limited to law and economics but includes many well-known scholars in the field.
Statistics Review • DVD Course: • Meaning from Data: Statistics Made Clear, taught by Michael Starbird, Distinguished Teaching Professor at the University of Texas at Austin. (Law Library Reserves AVTP 403)