Frank Pasquale — From Piketty to Law and Political Economy

In which Frank Pasquale endorses MMT.

Thomas Piketty's Capital in the 21st Century continues to spur debate among economists. It has many lessons for attorneys, as well. But does law have something to offer in return? I make that case in my review of Capital, focusing on Piketty's call for a renewal of the social science of political economy. My review underscores the complexity of the relationship between law and social science. Legal academics import ideas from other fields, but also return the favor by informing those fields. Ideally, the process is dialectic, with lawyers and social scientists in dialogue.

Balkanization
From Piketty to Law and Political Economy
Frank Pasquale | Professor of Law at the University of Maryland Francis King Carey School of Law