The University of Chicago Law School yesterday launched a Law & Economics 2.0 Initiative:

The University of Chicago Law School today launched a major new initiative – Law and Economics 2.0 – to expand the scholarship and influence of law and economics in the United States and broaden its impact throughout the world. The Law School is drawing on its storied history as the pioneer in a field that transformed antitrust, tort, contract, corporate, and property law, and now will once again open broad new areas of study, ranging from climate change and immigration law to the constitutions of emerging markets and election law. 

The Law School, with support from donors and the University, will dedicate significant new resources to the Law and Economics 2.0 Initiative, including $1 million annually to support students, faculty and an array of programs.  The centerpiece of Law and Economics 2.0 is the new Institute for Law and Economics, which will bring together 34 faculty members and build strong partnerships with the Booth School of Business and the Department of Economics. The Institute will be the hub for five new programs: the Globalizing Law and Economics Initiative; a judicial training program; support for experimental law and economics; a program to promote joint empirical research and teaching among the law, business, and economics faculties; and, a new JD/PhD program in law and economics. The director of the new Institute is Omri Ben-Shahar, the Frank and Bernice J. Greenberg Professor of Law.

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