This collection of essays by one of America's leading legal theorists is unique in its scope: it shows how traditional problems of philosophy can be understood more clearly when considered in terms of law, economics, and political science.

• Part I: Law and Morality


• 1: Negative and Positive Positivism


• 2: Rethinking the Theory of Legal Rights


• Part II. Law and Economics


• 3: Efficiency, Auction, and Exchange


• 4: Efficiency, Utility, and Wealth Maximisation


• 5: The Foundation of Constitutional Economics


• Part III. Torts, Crimes and Settlements


• 6: Crimes, Kickers and Transaction Structures


• 7: The Morality of Strict Tort Liability


• 8: Corrective Justice and Wrongful Gain


• 9: Justice in Settlements


• Part IV. Markets, Morals and Politics


• 10: Market Contractarianism


• 11: Unanimity


• 12: Democracy and Social Choice


• 13: Morality and the Theory of Rational Choice