The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd


  • P. G. Stein
Reference work entry


Jurisprudence is the general theory of law: the study of what law is, what it is for, and how it comes into being. Until the 18th century there were essentially two approaches to this study. One regarded law as the expression of political power; the other considered it to be the expression of justice.

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  5. Posner, R.A. 1973. The economic analysis of law, 2nd ed. Boston: Little, Brown, 1977.Google Scholar
  6. Smith, A. 1763. Lectures on jurisprudence. Ed. R.L. Meek, D.D. Raphael, and P.G. Stein. Oxford: Clarendon Press, 1978.Google Scholar

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • P. G. Stein
    • 1
  1. 1.