'The Analytical Failures of Law and Economics is that rarest of scholarly monographs, driven by a powerful and focused argument, and gracefully informed by erudition well beyond its primary subject matter. A rigorous synthesis of many years of research, Bayern's work should discredit fragile, empirically unsupported, and logically inconsistent models that still distort legal opinions, textbooks, and scholarship. The book also points the way toward a better methodology more responsive to the lived realities of contracts, torts, and property law.' Frank Pasquale, Jeffrey D. Forchelli Professor of Law, Cornell Law School and Cornell Tech, and author of The Black Box Society