Association of American Law Schools
2001 Annual Meeting
Wednesday, January 3, 2001 - Saturday, January 6, 2001
San Francisco, California

Wednesday, January 3, 2001
2:00–5:00 p.m.

Yosemite Ballroom
Hilton San Francisco and Towers
Ballroom Level

Section on Socio-Economics
Anthony E. Cook, Georgetown University, Chair
Robert Ashford, Syracuse University, Program Chair

Socio-Economics and Other Schools of Thought

2:00–3:05 p.m.
Concurrent Sessions

Socio-Economics, Feminism, and Critical Race Theory
Yosemite A

Moderator:

Anthony E. Cook, Georgetown University

Speakers:
Martha T. McCluskey, State University of New York at Buffalo Terry A. O’Neill, Tulane University Mary Josephine Wiggins, University of San Diego

This panel will explore law and socio-economics from critical race and feminist perspectives.

Other Economics Paradigms: Post-Keynesian Law and Economics
Yosemite B

Speakers:

Post Keynesian Law - An Overview
Mathew Forstater, Assistant Professor of Economics and Director, Center for Full Employment and Price Stability, Department of Economics, University of Missouri-Kansas City, Kansas City, Missouri

Post Keynesian Law and Economics
Morris Altman, Visiting Scholar, Center for North American Studies and Canadian Studies Program, Duke University, Durham, North Carolina
Johan Deprez ,Visiting Assistant Professor of Economics, Department of Economics, Whittier College, Whittier, California
Neil H. Buchanan, Lecturer, Economics Department, University of Michigan, Ann Arbor, Michigan
Timothy A. Canova, University of New Mexico

This program will consider “Post-Keynesian Economics” and its relationship to law and economics. Post-Keynesian economics has been described as an economic method that builds upon Keynes’ pathbreaking work in providing an alternative to neoclassical economics and that moves even further away from the marginalist method that still dominates today’s orthodox economics to address the issues raised by advanced capitalist economies.

Socio-Economics and the Future of Family Law
Yosemite C

Moderator:

Robin F. Wilson, University of South Carolina

Speakers:
Margaret Friedlander Brinig ,University of Iowa
June Rose Carbone, Santa Clara University
Gillian Hadfield, Professor, University of Toronto Faculty of Law, Toronto, Ontario, Canada
Edward L. Rubin, University of Pennsylvania

This panel will explore the socio-economics of the family and its relation to family law. A number of recent developments offer the possibility of a broader approach to understanding family law since Gary Becker’s early work in the 1970’s and 80’s. Both proponents and critics of the rational actor model recognize that a fuller explanation of human behavior requires moving beyond a model based solely on narrow self-interest. This recognition has led to a greater interest in norm creation, culture and values, moral obligation, shared expectations and the meaning of choice. The importance of these issues has become of central importance to family law. As a consequence, legal regulation of the family has shifted from a focus on the relationship between parents to the parent’s relationship to children. A growing body of empirical work testing the validity of economic theories of the family informs these developments.

3:15–4:20 p.m.
Concurrent Sessions

Socio-Economics and Law and Economics
Yosemite A

Moderator:

Edward L. Rubin, University of Pennsylvania
Speakers:
Robert Cooter, University of California at Berkeley
Kenneth G. Dau-Schmidt, Indiana University-Bloomington
Oliver E. Williamson, University of California at Berkeley

How does the socio-economics approach emerging in law schools relate to developments in law and economics? How do they compare and contrast? Does the socio-economic approach add anything new to understanding and teaching law-related economic issues?

Socio-Economics and Professional Responsibility
Yosemite B

Speakers:

Report on the Section on Socio-Economics Program at the 2000 Annual Meeting
Peter C. Kostant, Roger Williams University

A Socio-Economic Perspective on Law Teaching
Amy R. Mashburn, University of Florida

A Socio-Economic Perspective on Lawyering Milton C. Regan, Jr., Georgetown University


Binary Economics: Property, Wealth, Inequality and Growth—Looking for New Solutions Under Law
Yosemite C

Moderator:

Anthony E. Cook, Georgetown University

Speaker:
The Binary Theory of Productiveness
Stephen Vincent Kane, Kane and Associates, Foxborough, Massachusetts

Commentators:
Katie Kelso Balestreri, Vice President, Bank of America, San Francisco, California
Neil H. Buchanan, Lecturer, Economics Department, University of Michigan, Ann Arbor, Michigan
Timothy A. Canova, University of New Mexico
John Jones, Financial Consultant, The Macken Financial Group, Rohnert Park, California
Demetrius Kantarelis, Associate Professor of Economics, Assumption College, Worcester, Massachusetts
Thomas Ulen, University of Illinois

Binary economics offers a new understanding of the role of private property in achieving economic efficiency, growth, and justice that is foundationally distinct from left-wing, right-wing or mixed-centrists theories and strategies. Based on the “independent productiveness of capital,” binary economics holds that capital has both a productive relationship to growth and a very potent, but presently untapped distributive relationship to growth that is independent of productivity gains and governmental strategies to redistribute income or regulate demand.

4:30–5:00 p.m.
Plenary Session
Yosemite B

The Future of Socio-Economics—Courses in Socio-Economics

Speaker:

Lynne L. Dallas, University of San Diego

Commentators:
Richard E. Hattwick, Editor, Journal of Socio-Economics, Department of Economics, Western Illinois University, Macomb, Illinois
Daniel B. Rodriguez, University of San Diego

In this session, Professor Dallas will discuss alternative approaches to constructing a course on law and socio-economics. She will provide copies of the course description and assignment sheets. She will also relate her experience in teaching the course and the students’ reactions to it, present her syllabus, course description and an overview of the course and share her experiences during the semester.

Business Meeting at Program Conclusion

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