George Mason
University is internationally recognized
as a leading center of research in law
and economics, constitutional political
economy, and public choice theory. GMU
has a distinguished record in the field
of law and economics, being the academic
home of 3 out of 10 of the scholars who
have been recognized as "founding
fathers" of law and economics (Palgrave,
1998) and a Nobel Prize economist: James
M. Buchanan.
During the past 15 years, George Mason
University School of Law has attracted
a distinctive, interdisciplinary faculty,
many of whom hold doctorates in economics,
philosophy, political science, or related
fields. Almost all members of the faculty
apply the tools of economics or other social
sciences to legal problems, and this intellectual
orientation pervades the curriculum. Our
faculty is among the most prolific in the
nation in these fields of research and
our interdisciplinary Program in Law and
Economics is probably the most advanced
in the profession.
George Mason ranks among the top 10 in the
nation for faculty quality in law and economics
in the 2003-2004
New Educational Quality Ranking of U.S. Law
Schools (EQR). Our interdisciplinary
curriculum is one of the most innovative
in the country. Its emphasis on the legal
application of economic methods, intellectual
property, and technology law has made George
Mason the youngest school to enter the First
Tier in the U.S.
News & World Report ranking of law
schools. In addition, the law school in collaboration
with the University of Chicago Press publishes
the Supreme Court Economic
Review (SCER) which brings together the
perspectives of world-class legal scholars
and economists on the work of the United
States Supreme Court. It is essential reading
for legal scholars, economists, policy makers,
and scholars specializing in law and economics.
Since 1987 the Law & Economics
Center (LEC) has been an integral part
of George Mason University School of Law.
The LEC has trained more than 600 judges,
including two current members of the Supreme
Court, in law and economics and related
disciplines and is one of the most successful
educational programs of its kind.
In 2004, the Center
for the Study of Neuroeconomics (CSN)
was established as a research center and
laboratory for the experimental study of
how emergent mental computations in the
brain interact with the emergent computations
of institutions to produce legal, political,
and economic order.
The School of Law is closely affiliated
with several other GMU research centers that
focus on the study of economics, regulation,
public choice, liberty, and free markets:
the James
M. Buchanan Center, the Center
for Study of Public Choice, the Institute
for Humane Studies, and the Mercatus
Center.
During recent years these centers have brought
a large number of distinguished speakers
to George Mason University, with the inclusion
of virtually every star in the law and economics
firmament field, Richard A. Posner, Robert
D. Cooter, Cass Sunstein, Roberta Romano,
Steven Shavell, Harold Demsetz, Oliver E.
Williamson, Guido Calabresi, Henry G. Manne,
Vernon L. Smith, Gordon Tullock, William
A. Fischel, Jonathan Macey, Gerrit De Geest,
Randy Barnett, William M. Landes, Gary Becker,
Hans-Bernd Schaefer, James M. Buchanan, and
Richard A. Epstein.
The Law School
George Mason is one of the most innovative
law schools in the country. Its emphasis
on IP, on technology law, on the legal application
of economic tools and methods, and on the
intensive development of legal research and
writing skills have made George Mason the
youngest school to enter the First Tier in
the influential U.S.
News & World Report ranking
of law schools. In addition, George Mason
was ranked in the top 10 in the nation for
faculty quality in law and economics in University
of Texas Professor
Brian Leiter's study.
The law school is located in Arlington,
Virginia, just across the Potomac River from
Washington, DC. This location gives
students access to year-round employment
opportunities in both Washington, DC, and
Northern Virginia (the Internet capital of
the world), allows the law school to maintain
one of the best adjunct faculties in the
country, and provides everyone at the law
school with a diversity of cultural and social
opportunities.
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