Toward an Inframarginal Revolution
Toward an Inframarginal Revolution
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Over the past fifteen years, there has been a growing interest in altering legal rules to redistribute wealth, with many scholars believing that neoclassical economic theory is biased against redistribution. Yet a growing number of progressive scholars are pushing back against this view. Toward an Inframarginal Revolution offers a fresh perspective on the redistribution of wealth by legal scholars who argue that the neoclassical concept of the gains from trade provides broad latitude for redistribution that will not harm efficiency. They show how policymakers can redistribute wealth via taxation, price regulation, antitrust, consumer law, and contract law by focusing on the prices at which inframarginal units of production change hands. Progressive and eye-opening, this volume uses conservative economic concepts to make a compelling case for radically redistributing wealth. This title is part of the Flip it Open Programme and may also be available open access. Check our website Cambridge Core for details.
- Demonstrates how wealth redistribution is consistent with standard assumptions in law and economics
- Applies the concept of gains from trade, also known as surplus or economic rents, to show how wealth might be redistributed via a number of legal regimes
- Exposes readers to an alternative approach to law and political economy that emphasizes engagement with economic theory and critique of conservative economic assumptions
Product details
- Published: October 2025
- Format: Adobe eBook Reader
- ISBN: 9781009306751
- Length: 0 pages
- Availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
Table of Contents
- 1. Introduction to inframarginalism and this volume Ramsi A. Woodcock
- 2. A new corporate tax Reuven S. Avi-Yonah
- 3. The progressive case against antimonopolism Ramsi A. Woodcock
- 4. An inframarginalist argument for mandating the use of pro-consumer boilerplate Michael D. Guttentag
- 5. Inframarginalism and the distributive corollary of the coase theorem Matthew Dimick
- 6. Distributive consequences of regulating boilerplate: between price effects and socialization of risk Przemysław Pałka
- 7. (How) Does competition law address quality? Adrian Kuenzler
- 8. Self-Colonization in American law: the internet and personal information example Daniel H.J. Greenwood
- 9. Taxing imputed land rent: a historical perspective and a (modest) contemporary proposal Faisal Chaudhry
- 10. A Neo-Kantian approach to competition law? the re-emergence of fairness in antitrust law & policy Behrang Kianzad
- 11. Is commodity private property inherently regressive? Zvikomborero Chadambuka
- 12. The EU regulatory patchwork for dark patterns: an illustration of an inframarginal revolution in European law? Inge Graef
- 13. Inframarginalism & economism Vijay Raghavan
- 14. Hipster antiplagiarism Brian L. Frye
- Index.
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- Latest accessibility assessment date: 2025-10-14
