LEC Workshop for Law Professors on Austrian Law & Economics

Event Date: Wednesday, October 1 to Friday, October 3, 2014

Location: George Mason University School of Law3301 Fairfax Drive, Arlington, Virginia 22201

Full Event Website

Program Description: The Law & Economics Center at George Mason University School of Law is pleased to announce a LEC Workshop for Law Professors on Austrian Law and Economics, to be held October 1-3, 2014 in Arlington, VA. The goal of the Workshop is to provide law professors basic tools for understanding the Austrian school and a sense of how they might look at their research and teaching differently if they put on their “Austrian glasses”.

The Workshop will present the basic and distinctive ideas of Austrian economics, including market process v. equilibrium, spontaneous order, division of knowledge, entrepreneurship, and subjectivism, using historical issues as case studies to apply these ideas to particular concepts. The Workshop will also cover Hayek’s contributions to law and economics, a comparison of Austrian and neoclassical approaches to law and economics, market magic and price formation experiments, and applications of Austrian perspectives to law and regulation.

The highlight of the Workshop will be a free-standing program on “Hayek, the Nobel Prize, and the Modern Austrian School of Economics” which celebrates the 40th Anniversary of the awarding of the Nobel Prize to Hayek in 1974. The F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University is organizing that conference which will feature a roundtable discussion by three Nobel Laureates in Economics – Edmund Phelps of Columbia University, Eric S. Maskin of Harvard University, and Vernon Smith of Chapman University.

The agenda and other event information is available on the full event website.


For More Information, Contact: Jeff Smith
Coordinator, Henry G. Manne Programs