Lawyers, Economists, and the Regulated Industries: Thoughts on Professional Roles Inspired by Some Recent Economic Literature

In this thesis I begin by examining the causes of the crisis as expounded in the current economic literature. This examination has led me to the conclusion that regulatory practice and policy has suffered from not being sufficiently economic in its orientation. If this point is correct, there remains an important subsidiary question: “What role, if any, should be played by the lawyer?”