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“Silete, jurists” vs. “Silete, economists”. Towards an Integrated Economic and Legal Approach

Author

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  • Giuseppe Garofalo

    (Tuscia University in Viterbo)

Abstract

This paper shows the links between the epistemological debate in Economics and in Law. In an evolutionary perspective we note phases in which each discipline seems “pure doctrine” and others in which there is greater coherence between theoretical patterns and the real economic and legal systems, and thus with forms of integration between economics and law. In the second part of the paper we discuss the question of both market and non-market failures and conclude that a mix between the two organizational structures is necessary and must be continually redefined.

Suggested Citation

  • Giuseppe Garofalo, 2011. "“Silete, jurists” vs. “Silete, economists”. Towards an Integrated Economic and Legal Approach," Rivista di Politica Economica, SIPI Spa, issue 3, pages 335-361, JULY-SEPT.
    • Handle: RePEc:rpo:ripoec:y:2011:i:3:p:335-361
    as

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    More about this item

    Keywords

    epistemology in economics and law; market and non-market failures.;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D60 - Microeconomics - - Welfare Economics - - - General
    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)

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