Posnerism

Posnerism refers to the legal theories associated with Judge Richard Posner, emphasizing a pragmatic, economically-informed approach to judicial decision-making. It advocates for judges to interpret laws based on their practical effects and societal benefits rather than strict adherence to legal formalism or moral philosophies. Posner's views promote the idea that courts should analyze legal issues similarly to economists, considering incentives and externalities, aiming to produce efficient and socially useful outcomes. Overall, Posnerism champions a realist and utilitarian perspective, prioritizing effective, real-world solutions over rigid legal doctrines.