Eric A. Posner

Kirkland and Ellis Distinguished Service Professor of Law

Contract LawInternational LawConstitutional LawFinancial Regulation

Eric Posner is the Kirkland and Ellis Distinguished Service Professor of Law at the University of Chicago Law School, where he has taught since 1998. He is one of the most cited legal scholars in the United States and has authored more than a dozen books across contract law, international law, constitutional law, and financial regulation. He served as Counsel to the Assistant Attorney General for the Antitrust Division of the Department of Justice in 2022-2023. His book Radical Markets, co-authored with Glen Weyl, was named a book of the year by The Economist.

Teaching Style

Professor Posner is a prolific and analytically demanding teacher who brings a strong law-and-economics perspective to every subject he covers. He uses the Socratic method with a focus on efficiency arguments and cost-benefit analysis, expecting students to evaluate legal rules as instruments for maximizing social welfare. He cold-calls regularly and can be brisk in his questioning, pushing students to move beyond intuitions to rigorous economic reasoning.

Cold Call Tips

  1. 1Brush up on basic economic concepts like Pareto efficiency, Coase theorem, and externalities — Posner applies these frameworks constantly
  2. 2Be ready to evaluate legal rules by their consequences rather than by their internal logic or moral appeal
  3. 3Read his recent publications to understand his current thinking on the topics covered in class
  4. 4Do not be intimidated by the pace — have a clear, concise answer ready and be prepared to revise it under questioning

Areas of Expertise

Law and economicsInternational law and institutionsFinancial regulation and crisis managementConstitutional designAntitrust law

Education

  • J.D., Harvard Law School
  • B.A., Yale University

Notable Publications

  • Radical Markets: Uprooting Capitalism and Democracy for a Just Society (2018, with Glen Weyl)
  • Last Resort: The Financial Crisis and the Future of Bailouts (2018)
  • The Twilight of Human Rights Law (2014)

Research Interests

Law and economics of contractsRadical market design and mechanism designInternational law and global governanceFinancial crisis regulation and bailout policyConstitutional theory and executive power

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