Texas Law Review Archives
 

Volume 60
1981-1982

Issue Number 1

Book Review:
Warren J. Samuels, Maximization of Wealth as Justice: An Essay on Posnerian Law and Economics as Policy Analysis (reviewing Richard A. Posner’s The Economics of Justice), 60 TEXAS L. REV. 147 (1981).
 

Abstract:
In this Book Review, Professor Samuels discusses the structure and main points of Judge Posner’s book. Posner’s work is divided into four parts: articulation and defense of justice as wealth maximization; an economic analysis of certain legal and social arrangements; an analysis of privacy; and legal control of racial discrimination. Next, he analyses the usefulness of Posner’s work, calling it “imaginative, fecund, and suggestive.” Furthermore, he examines some confusions of the work, such as those arising from the tautological nature of Posner’s analysis of “maximization,” and ambiguous treatment of the rationality proposition, according to Professor Samuels. The Review also talks about the issue of distribution of wealth and the principle of wealth maximization as discussed in Posner’s work.








 






 








 

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