bikepilot wrote:Also Y's academic culture didn't suit me (I had this silly notion that I wanted to learn law then practice law) and Y's Law and Econ faculty was really weak.
This is completely untrue.
The most cited profs in Law & Econ are as follows:
1. Richard Epstein (University of Chicago): 3390 citations, age 64.
2. Eric Posner (University of Chicago): 2020 citations, age 42.
3. Ian Ayres (Yale University): 1600 citations, age 48.
4. William Landes (University of Chicago): 1550 citations, age 68.
5. Steven Shavell (Harvard University): 1490 citations, age 61.
6. Robert Cooter (University of California, Berkeley): 1480 citations, age 62.
7. Louis Kaplow (Harvard University): 1370 citations, age 51.
8. A. Mitchell Polinsky (Stanford University): 1340 citations, age 59.
9. Thomas Ulen (University of Illinois): 990 citations, age 61.
10. George Priest (Yale University): 870 citations, age 60.
Runners-up: Christine Jolls (Yale University), 850 citations; W. Kip Viscusi (Vanderbilt University), 850 citations; Lewis Kornhauser (New York University), 750 citations; Saul Levmore (University of Chicago), 740 citations.
Leiter admits that there isn't really a stark dividing line between Law & Econ and various aspects of business law, so here is that list:
BUSINESS LAW
(including corporate, securities regulation, commercial law, bankruptcy, antitrust)
Because this encompasses a huge range of really quite different topics, we list here the top 20 scholars working in some aspect of this broad area.
1. John Coffee (Columbia University): 2020 citations, age 63.
2. Jonathan Macey (Yale University): 1600 citations, age 52.
3. Robert Scott (Columbia University): 1390 citations, age 63.
4. Lucian Bebchuk (Harvard University): 1140 citations, age 52.
5. Ronald J. Gilson (Columbia University, Stanford University): 1080 citations, age 61.
6. Larry Ribstein (University of Illinois): 950 citations, age 61.
7. Alan Schwartz (Yale University): 930 citations, age 67.
8. Reinier Kraakman (Harvard University): 920 citations, age 58.
8. Donald Langevoort (Georgetown University): 920 citations, age 56.
8. Roberta Romano (Yale University): 920 citations, age 55.
11. Bernard Black (University of Texas): 880 citations, age 54.
12. Douglas Baird (University of Chicago): 850 citations, age 54.
13. Mark Roe (Harvard University), 800 citations, age 56.
14. Stephen Bainbridge (University of California, Los Angeles), 770 citations, age 49.
15. Henry Hansmann (Yale University), 740 citations, age 62.
16. Lynn Stout (University of California, Los Angeles), 730 citations, age 50.
17. Lynn LoPucki (University of California, Los Angeles), 700 citations, age 63.
18. James J. White (University of Michigan), 700 citations, age 73.
19. Elizabeth Warren (Harvard University), 680 citations, age 58.
20. Jay L. Westbrook (University of Texas), 660 citations, age 64.
Runners-up: Marcel Kahan (New York University), 620 citations; James Cox (Duke University), 610 citations; Jill Fisch (Fordham University), 610 citations; William Bratton (Georgetown University), 590 citations; Robert Thompson (Vanderbilt University), 580 citations; Stephen Choi (New York University), 570 citations; David Skeel (University of Pennsylvania), 560 citations; Lisa Bernstein (University of Chicago), 540 citations; Thomas Lee Hazen (University of North Carolina), 530 citations; Jeffrey Gordon (Columbia University), 520 citations; Margaret Blair (Vanderbilt University), 510 citations; Edward Rock (University of Pennsylvania), 500 citations.
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This is also leaving aside the fact that Calabresi, who still teaches basic 1L courses at YLS, basically invented the field of Law & Econ with Posner and Coase back in the day.
Now if you want to argue that UChicago > YLS when it comes to Law & Econ, you might have an argument, but I see little evidence that SLS even comes close, and I've never heard anyone argue otherwise.