The Theoretical Creativeness Of Economics Of Law And Its Revelation To The Construction Of The Rule Of Law In China

Economics of law,also economic analysis of law, is a theory which has integrated the theory, idea and ?method of microeconomics into the legal research,emphasizing the beneficial result as the primery value and the standard of evaluation .The beneficial result theory and the economic analysis of law is an important break through in theoretical research of law and its methodology . This paper has revealed the essential features of economics of law and its theoretical creativeness through the analysis of the from work and augument of economics of law.This doue,the paper has further revealed the historical inevitability of the birth of economics of law and the feasibility of its application to China through the analysis of the process of the economics of law movement and its historical contexts .the author argued that the rationality and the condition of the practice of economics of lawin China lies in its congruence with the inherent law of the market economy,which makes it necessary for the economics of lawto be introduced into China. The theoretical creativeness of the economics of law will bring some revelation to the legislation,administration of jusstice,the legal research and the legal education . Thestudy of economics of law and the application of its theory and methods is considerably conducive to the building -up of the legal system of the Chinese socialist market economy and the reinforcement of the rule of law both in theory and in practice.