Abstract
The main theses of this paper are: 1. Since about 1960 in the United States there has been an important movement in legal thought applying economic analysis to law (the “law and economics” movement).1 2. Some American proponents of economic analysis of law have expressly stated or implied that law, legal analysis, and legal theory have no genuine autonomy of any kind. Instead, law, legal analysis, and even legal theory can all be reduced, without loss, to economics and economic analysis. 3. Although nearly all legal theorists would, I believe, ultimately reject the extreme view that law, legal analysis, and legal theory are all somehow reducible to economics and economic analysis, it can be instructive to take this view seriously and consider how it might be refuted.
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