Economists advise that the law should seek efficiency. More recently, it has been suggested that common law systems are more conducive of economic growth than code-based civil law systems. This book argues that there is no theory to support such statements and provides evidence that rejects a 'one-size-fits-all' approach. Both common law and civil law systems are reviewed to debunk the relationship between the efficiency of the common law hypothesis and the alleged inferiority of codified law systems.
Legal Origins and the Efficiency Dilemma has six aims: explaining...
Economists advise that the law should seek efficiency. More recently, it has been suggested that common law systems are more conducive of economic ...