|Born||c. 1939 (age 81–82)|
|Institution||University of Chicago Law School|
|Field||Law and economics|
|Chicago School of Economics|
|Alma mater||Columbia University|
|Information at IDEAS / RePEc|
William M. Landes (born c. 1939) 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. Landes also is the original founder (with Richard Posner and Andrew Rosenfield) of Lexecon, a consulting firm.
Landes received his Ph.D. in economics from Columbia University. He taught in the Economics Departments of Stanford University, Columbia University, the Graduate Center of the City University of New York and The University of Chicago before joining the faculty of the University of Chicago Law School.
Landes is also a board member of the Smart Museum of Art, which is located in the University of Chicago's Hyde Park Campus. The Elisabeth & William M. Landes Gallery within the Smart Museum of Art features works created between the 1880s and the late 1950s.
Landes was bitten by a rattlesnake back in 2013, he made a brief recovery following.
Landes is a collector of left-wing and homoerotic art.
Gary Stanley Becker was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of the third generation of the Chicago school of economics.
In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of firms and markets. Industrial organization adds real-world complications to the perfectly competitive model, complications such as transaction costs, limited information, and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior on a continuum between competition and monopoly, including from government actions.
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 and director of the Classical Liberal Institute at New York University, 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 economic theory to the analysis of law that began mostly with scholars from the Chicago school of economics. Economic concepts are used 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. The first branch is based on the application of the methods and theories of neoclassical economics to the positive and normative analysis of the law. The second branch focuses on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes. This second branch of law and economics thus overlaps more with work on political institutions and governance institutions more generally.
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school.
The University of Chicago Law School is the professional graduate law school of the University of Chicago. It is consistently ranked among the best and most prestigious law schools in the world, and has produced many distinguished alumni in the judiciary, academia, government, politics and business. It employs more than 200 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.
George Joseph Stigler was an American economist, the 1982 laureate in Nobel Memorial Prize in Economic Sciences and a key leader of the Chicago School of Economics.
Guido Calabresi is an Italian born American legal scholar and Senior United States 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.
Stephen Fain Williams was a United States Circuit Judge of the United States Court of Appeals for the District of Columbia Circuit until his death on August 7, 2020 from complications as a result of COVID-19.
Mari J. Matsuda is an American lawyer, activist, and law professor at the William S. Richardson School of Law at the University of Hawaii. She was the first tenured female Asian American law professor in the United States, at University of California, Los Angeles (UCLA) School of Law in 1998 and one of the leading voices in critical race theory since its inception. Matsuda returned to Richardson in the fall of 2008. Prior to her return, Matsuda was a professor at the UCLA School of Law and Georgetown University Law Center, specializing in the fields of torts, constitutional law, legal history, feminist theory, critical race theory, and civil rights law.
Eric Andrew Posner is an American law professor at the University of Chicago Law School. He teaches international law, contract law, and bankruptcy, among other areas. As of 2014, he was the 4th most-cited legal scholar in the United States. He is the son of retired Seventh Circuit Judge Richard Posner.
In legal theory, particularly in law and economics, efficient breach is a voluntary breach of contract and payment of damages by a party who concludes that they would incur greater economic loss by performing under the contract.
Saul Levmore is the William B. Graham Distinguished Service Professor of Law, and former Dean of the University of Chicago Law School.
Benjamin Charles Zipursky is a Canadian legal scholar and professor at Fordham Law in New York City. He has been interviewed by PBS Newshour, BBC, and The New York Times on the Vioxx wrongful death cases and other torts cases. As an author of the casebook Tort Law: Responsibilities and Redress, he is nationally recognized as a scholar on torts.
Margaret Jane Radin is the Henry King Ransom Professor of Law, emerita, at the University of Michigan Law School by vocation, and a flutist by avocation. Radin has held law faculty positions at University of Toronto, University of Michigan, Stanford University, University of Southern California, and University of Oregon, and has been a faculty visitor at Harvard University, Princeton University, University of California at Berkeley, and New York University. Radin's best known scholarly work explores the basis and limits of property rights and contractual obligation. She has also contributed significantly to feminist legal theory, legal and political philosophy, and the evolution of law in the digital world. At the same time, she has continued to perform and study music.
Ward Farnsworth is the dean of the University of Texas School of Law and holds the John Jeffers Research Chair in Law. He is the Reporter for the American Law Institute’s Restatement of the Law Third, Torts: Liability for Economic Harm, and the author of books on law, rhetoric, philosophy, and chess.
Richard Allen Posner is an American jurist and law and economics scholar who served as a federal appellate judge on the U.S. Court of Appeals for the Seventh Circuit from 1981 to 2017. A senior lecturer at the University of Chicago Law School, Posner is a leading figure in the field of law and economics, and was identified by The Journal of Legal Studies as the most cited legal scholar of the 20th century. He is widely considered to be one of the most influential legal scholars in the United States.
Duncan K. Foley is an American economist. He is the Leo Model Professor of Economics at the New School for Social Research and an External Professor at the Santa Fe Institute. Previously, he was Associate Professor of Economics at MIT and Stanford, and Professor of Economics at Columbia University. He has held visiting professorships at Woodrow Wilson School at Princeton University, UC Berkeley, and Dartmouth College, as well as the New School for Social Research.
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.