Skip to main content
Contribution to Book
Tort Law Through TIme and Culture: Themes of Economic Efficiency
EXPLORING TORT LAW (2005)
  • M Stuart Madden
Abstract

Hellenic philosophers assessed the goals of society as: (1) the protection of persons and property from wrongful harm; (2) protection of the individual’s means of survival and prosperity; (3) discouragement of self-aggrandizement to the detriment of others; and (4) elevation of individual knowledge that would carry forward and perfect such principles.

Roman law was replete with proscriptions against forced taking and unjust enrichment, and included rules for ex ante contract-based resolution of potential disagreement. Customary law perpetuated these efficient economic tenets within the Western World and beyond.

The common law, in turn, has nurtured many of the same ends. From the translation of the negligence formula of Judge Learned Hand into a basic efficiency model to the increasing number of judicial opinions that rely explicitly upon economic analysis, efficiency themes enjoy a conspicuous place in modern tort analysis.

Publication Date
2005
Editor
M. Stuart Madden
Publisher
Cambridge University Press
ISBN
978-0-521-61680-5
Publisher Statement
Adapted from original Cambridge University Press publication. Reprinted with permission.
Citation Information
M Stuart Madden. "Tort Law Through TIme and Culture: Themes of Economic Efficiency" New York CambridgeEXPLORING TORT LAW (2005)
Available at: http://works.bepress.com/mstuart_madden/3/