Free Markets and Social Justice

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byCass R. Sunstein

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The newest work from one of the most preeminent voices writing in the legal/political arena today, this important book presents a new conception of the relationship between free markets and social justice. The work begins with foundations--the appropriate role of existing "preferences," theimportance of social norms, the question whether human goods are commensurable, and issues of distributional equity. Continuing with rights, the work shows that markets have only a partial but instrumental role in the protection of rights. The book concludes with a discussion on regulation,developing approaches that would promote both economic and democratic goals, especially in the context of risks to life and health.Free Markets and Social Justice develops seven basic themes during its discussion: the myth of laissez-faire; preference formation and social norms; the contextual character of choice; the importance of fair distribution; the diversity of human goods; how law can shape preferences; and the puzzlesof human rationality. As the latest word from an internationally-renowned writer, this work will raise a number of important questions about economic analysis of law in its conventional form.

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The newest work from one of the most preeminent voices writing in the legal/political arena today, this important book presents a new conception of the relationship between free markets and social justice. The work begins with foundations--the appropriate role of existing "preferences," theimportance of social norms, the question wheth...

Cass R. Sunstein is the Karl N. Llewellyn Distinguished Professor of Jurisprudence at the University of Chicago School of Law. His own previous works include Democracy and the Limits of Free Speech (1994), The Partial Constitution (1993), After the Rights Revolution (1990), and Legal Reasoning and Political Conflict (Oxford, 1996).

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Format:PaperbackDimensions:416 pages, 9.02 × 5.98 × 0.91 inPublisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195102738

ISBN - 13:9780195102734

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"This is an excellent overview of law and several public policy areas such as health, environment, information, and technology....the analysis of economics of law is well contrasted with constitutionalism to analyze "new public management" policies."--Brad Chilton, University of Toledo