James Joseph Heckman is a Nobel Memorial in Economic Sciences Prize-winning American economist at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College; Professor at the Harris School of Public Policy; Director of the Center for the Economics of Human Development (CEHD); and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. He is also Professor of Law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the National Bureau of Economic Research.
Ronald Harry Coase was a British economist and author. Coase received a bachelor of commerce degree (1932) and a PhD from the London School of Economics, where he was a member of the faculty until 1951. He was the Clifton R. Musser Professor of Economics at the University of Chicago Law School, where he arrived in 1964 and remained for the rest of his life. He received the Nobel Memorial Prize in Economic Sciences in 1991.
Richard Allen Epstein is an American legal scholar known for his writings on torts, contracts, property rights, law and economics, classical liberalism, and libertarianism. He is the Laurence A. Tisch Professor of Law at New York University and the director of the Classical Liberal Institute. He also serves as the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution and the James Parker Hall Distinguished Service Professor of Law emeritus and a senior lecturer at the University of Chicago.
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the Chicago school of economics such as Aaron Director, George Stigler, and Ronald Coase. The field uses economics concepts to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated. There are two major branches of law and economics; one based on the application of the methods and theories of neoclassical economics to the positive and normative analysis of the law, and a second branch which focuses on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes, and overlapping with analyses of the institutions of politics and governance.
Jacob Viner was a Canadian economist and is considered with Frank Knight and Henry Simons to be one of the "inspiring" mentors of the early Chicago school of economics in the 1930s: he was one of the leading figures of the Chicago faculty. Paul Samuelson named Viner as one of the several "American saints in economics" born after 1860. He was an important figure in the field of political economy.
The University of Chicago Law School is the law school of the University of Chicago, a private research university in Chicago, Illinois. It employs more than 180 full-time and part-time faculty and hosts more than 600 students in its Juris Doctor program, while also offering the Master of Laws, Master of Studies in Law and Doctor of Juridical Science degrees in law. The law school has the third highest percentage of recent graduates clerking for federal judges after Stanford Law School and Yale Law School.
George Joseph Stigler was an American economist. He was the 1982 laureate in Nobel Memorial Prize in Economic Sciences and is considered a key leader of the Chicago school of economics.
Cass Robert Sunstein is an American legal scholar known for his work in constitutional law, administrative law, environmental law, and behavioral economics. He is also The New York Times best-selling author of The World According to Star Wars (2016) and Nudge (2008). He was the administrator of the White House Office of Information and Regulatory Affairs in the Obama administration from 2009 to 2012.
Guido Calabresi is an Italian-born American legal scholar who serves as a Senior circuit judge of the United States Court of Appeals for the Second Circuit. He is a former Dean of Yale Law School, where he has been a professor since 1959. Calabresi is considered, along with Ronald Coase and Richard Posner, a founder of the field of law and economics.
William M. Landes is an American economist who has written about the economic analysis of law and an emeritus professor at the University of Chicago Law School. He is a fellow of the American Academy of Arts and Sciences, which cited him for his work in the field. He is among the most cited law professors in American law reviews. Landes also is the original founder of Lexecon, a legal and economic consulting firm.
The American Bar Foundation (ABF) is an independent, nonprofit national research institute established in 1952 and located in Chicago. Its mission is to expand knowledge and advance justice by supporting innovative, interdisciplinary and rigorous empirical research on law, legal processes and legal institutions. This program of sociolegal research is conducted by an interdisciplinary staff of Research Faculty trained in such diverse fields as law, sociology, psychology, political science, economics, history, and anthropology.
Jonathan R. Macey is an American legal scholar who serves as the Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law at Yale Law School.
The Chicago Journal of International Law is a semiannual, student-edited law review published by the University of Chicago Law School since spring 2000. The journal publishes articles covering international law, international relations, and related policy issues. Its articles are often interdisciplinary in focus, and the journal's format allows it to examine international legal issues in a broader cultural and political context. The Chicago Journal of International Law is one of the three student-edited law journals published at the University of Chicago Law School.
Eric Helland is the William F. Podlich Professor of Economics in Robert Day School of Economics and Finance at Claremont McKenna College and Claremont Graduate University, George R. Roberts Fellow at Claremont McKenna College, and Senior Economist, Institute for Civil Justice, RAND Corporation, Santa Monica, CA.
Roberta Romano is Sterling Professor of Law at the Yale Law School. She is the first woman at Yale Law School to be named a Sterling Professor. Roberta Romano joined the Yale Law School faculty as a professor of law in 1985. She was named the Allen Duffy/Class of 1960 Professor of Law in 1991 and the Oscar M. Ruebhausen Professor of Law in 2005. She is Director of the Yale Law School Center for the Study of Corporate Law and Professor at the Yale School of Management.
Ariel Porat is the president of Tel Aviv University (TAU), a full professor and former dean at TAU's Buchmann Faculty of Law. Until his appointment as president, he was a distinguished visiting professor of law at the University of Chicago Law School. He is a member of the Israel Academy of Sciences and Humanities, incumbent of the Alain Poher Chair in Private Law at TAU, and recipient of The EMET Prize for Art, Science and Culture for Legal Research.
Thomas John Miles is an American legal scholar who is currently the dean and Clifton R. Musser Professor of Law and Economics at the University of Chicago Law School. He writes in the areas of law and economics, criminal law and judicial behavior.
Edward R. Morrison is an American legal scholar who is currently the Charles Evans Gerber Professor of Law at Columbia Law School. He previously taught at the University of Chicago Law School. He is a leading scholar of bankruptcy and law and economics.
