In 1926, J.M. Keynes wrote that the political problem of his time was "to combine three things: Economic Efficiency, Social Justice, and Individual Liberty." This course will explore the question of what, if anything, law has to do with Keynes's problem. To that end, the course will explore the connections between different understandings of law, different conceptions of justice, and different modes of economic ordering.
Is there an inherent connection between legal ordering and any particular conception of justice, or between legal ordering and specific modes of economic ordering; or, on the other hand, can law serve any conception of justice or any type of economic system?
Readings may include texts by Engels, Hayek, Kornai, Luxemburg, Marx, McCloskey, Nussbaum, Polanyi, Raz, Ripstein, Rothschild, Sen, Weinrib, and others.