LAW 687 - Advanced Readings in Political Economy

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This course will introduce students to key debates and themes in Political Economy through classic articles and excerpts from other scholarly works. The course will examine the writings of economists, legal scholars, and political philosophers whose writings illustrate controversies regarding the relationship between law and well-functioning markets in a free society. Topics covered will include planning versus economic centralization, property rights, the boundaries between state and national power, the economic rationale, if any, for redistribution, social and judicial supervision of contracts versus private ordering and the role and limits of market failure as a rationale for regulation. There are no pre-requisites for the course other than completion of the required first year 1L curriculum. This course is required for student fellows of the Center for the Study of Law and Markets but is open to all interested students.