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9780230102453

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<p> The American legal system is not just fraying at the edges, in some ways it is fundamentally broken. The Pursuit of Justice is a cutting-edge look at what went wrong and where to go from here. Everyone interested in law and economics should read it. --Tyler Cowen, Holbert C. Harris Chair of Economics, George Mason University, co-author, MarginalRevolution.com<p>&#8220; The Pursuit of Justice does a wonderful job of using modern methods of social science to examine the actual effects of law, as differentiated from its apparent intent. People do not simply obey or disobey laws; rather, they react to the incentives implied in the law. Those incentives often produce results that differ from what is legally mandated, because people may have an incentive to find loopholes in the law and because laws often have unintended secondary effects. By taking into account the actual effects of the legal system, this volume offers substantial insight into the way the legal system works in practi

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EDWARD J. LÓPEZ is a research fellow at the Independent Institute and a professor of law and economics at San Jose State University, USA

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