Fordham Law School FLASH: The Fordham Law Archive of Scholarship and History Faculty Scholarship 2008 The Transatlantic Divergence in Legal Thought: American Law and Economics vs. German Doctrinalism, The Kristoffel Grechenig Max Planck Institute for Research on Collective Goods Martin Gelter Fordham University School of Law,
[email protected] Follow this and additional works at: https://ir.lawnet.fordham.edu/faculty_scholarship Part of the Comparative and Foreign Law Commons, and the Law and Economics Commons Recommended Citation 31 Hastings Int'l & Comp. L. Rev. 295 (2008) This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Faculty Scholarship by an authorized administrator of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact
[email protected]. The Transatlantic Divergence in Legal Thought: American Law and Economics vs. German Doctrinalism By KRISTOFFEL GRECHENIG * & MARTIN GELTER" I. Introduction Law and economics has become an integral part of U.S. legal scholarship and the law school curriculum. Ever since the legal realist movement, scholars mostly view the law from an external perspec- tive.' It may be surprising to many in the United States that Euro- pean legal scholarship has been largely resistant to this development. Law is typically viewed "from the inside," that is as an autonomous discipline independent from the other social sciences. Most legal scholarship is doctrinal, meaning that legal scholars employ interpre- tative methods in order to systematically expose the law and to find .University of St.