So much of law depends on good social science, good empirical experience, good modeling of a complex world. That spells ECONOMICS.
I’ve long thought the Supreme Court would perform better if it was populated by 9 economists instead of 9 lawyers. But I’d be happy if it was split 4-5 or even 1-8, so long as there could be one voice for economics. Tyler Cowen’s essay in the NY Times affirms my confidence in our field:
The crucial implication is this: If you treat all individuals as fundamentally the same in your theoretical constructs, it would be odd to insist that the law should suddenly start treating them differently.
P.S. I am not on a Cowen / Times kick at all. Just coincidence that my blog browsing has hooked me twice on Tyler’s insights today!