Abstract
The modern interdisciplinary attempt to integrate the findings of economics into a legal context has largely been carried out by one specific school of economic thought rather than a whole economics community. Due to this heavy Chicago School influence on Law and Economics, much of the criticism has come from left of center economics movements- ranging from Keynesian/Neo-Keynesian School(s) to Critical Legal Studies (CLS). Largely absent from this conversation has been the approach of Nobel laureate F.A. Hayek. Hayek was a prolific interdisciplinarian writing extensively on psychology, law, economics, philosophy and the philosophy of science. In college, F.A. Hayek received his first degree in law before moving on into economics. As someone who fancied himself as a classical liberal with Scottish Enlightenment influences, Hayek’s approach contrasts strongly with modern approaches.6 In this essay, I will explore how a Hayekian prospective both on economic methodology and law might help elucidate the debate between Neoclassical Law and Economics and its many critics.
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