Synthesis of “Economic Transplants: On Lawmaking for Corporations and Capital Markets”

Abstract

Abstract Buzzwords such as “economization”, Çalışkan and Callon (2009) 369. “economic imperialism” Lazear (1999). or “the economist’s hour” Appelbaum (2019). denote the fact that during the last century “economics has become the science of making social choices”. Fourcade (2018) 1. In “economic transplants”, Langenbucher (2017) (where the following footnotes list only pages, they reference this book). I explore how this has happened in European corporate and financial markets law. The book’s focus is on legal reasoning, involving both a hypothesis about where economics’ tempting allure may come from, and an argument on why the underlying disciplinary approaches of law and of economics often don’t necessarily match.