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Event Recap

Anthony J. Casey presented the University of Chicago Law School’s annual Coase Lecture on Feb. 21. This talk introduces  students, faculty, staff and community members to the field of law and economics. His talk argued that the lack of a coherent, unifying principle in the distinction between rules and standards distinction is becoming more evident as technologies behind lawmaking evolve.
Casey discussed the implications of this weakening distinction and how we should think about forms of law going forward.
The lecture honors  1991 Nobel laureate Ronald Coase. Coase, who spent most of his academic career at the University of Chicago Law School, helped create the field of law and economics through groundbreaking scholarship and his far-reaching influence as a journal editor.
The event was free and open to the public. Reception followed immediately after the lecture.