Property, Power, and Public Choice: An Inquiry into Law and Economics

Allan Schmid's book is well-illustrated by examples . . . has a superb bibliography . . . [and] is a carefully detailed and extremely convincing attack on the normative pretensions of what I am tempted to call vulgar neoclassical economics, and even on the more elegant hidden valuations of welfare economics and public choice economics. . . . It is an important contribution to the theory of normative economics and to grants economics.

Kenneth Boulding, The Journal of Economic Issues