Law and Economics: Enemy or Friend of Classical Liberalism?

An Alpheus T. Mason Lecture on Constitutional Law and Political Thought: The Quest for Freedom

November 6, 2008
Krauss Poster

Michael KraussGeorge Mason University Law School

The "Law and Economics" movement, once marginal in American legal education, now has outposts at most every law school.  Michael Krauss will sketch the history of the movement and critically analyze its normative underpinnings.  He will attempt to answer the following question: Should defenders of freedom and responsibility applaud the movement, or is it corrosive to the Rule of Law?

In 1994, the first year the prize was created, Professor of Law Michael I. Krauss became the law school's only recipient of George Mason University's "Teacher of the Year" award for his engaging and challenging approach in the classroom.  He earned his B.A. cum laude from Carleton University, his LL.B.summa cum laude from the Université de Sherbrooke, and his LL.M. from Yale Law School, where he was a Commonwealth Scholar. He was Columbia University's Law and Economics Fellow in 1981.  He has been teaching at George Mason since 1987 and also has taught at the law schools of Seattle University, the University of Toronto, and the Université de Sherbrooke.

Professor Krauss practiced law for Quebec City's largest law firm before entering academia. He also served for five years on Québec's Human Rights Commission. A Salvatori Fellow of the Heritage Foundation and an academic fellow of the Foundation for the Defense of Democracies, Professor Krauss sits on the advisory boards of several other think tanks. He has served as president of the Virginia Association of Scholars and on the Board of Governors of the Virginia State Bar, and is currently a member of the Board of Governors of the National Association of Scholars. Professor Krauss teaches Torts, Legal Ethics and Jurisprudence, and has a strong interest in national security issues. His nationally known research on torts and ethics has resulted in three books and over sixty scholarly articles. He co-authored the first edition of Legal Ethics in a Nutshell in May 2003. He has been nominated for inclusion in What the Best Law Teachers Do (Harvard University Press, forthcoming 2011).


Law and Economics: Enemy or Friend of Classical Liberalism?


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