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Armin Steinbach holds the Jean Monnet Chair of Law and Economics, European Law, and International Law. He is also a visiting professor at the London School of Economics (LSE) and non-resident Fellow at Brussels-based think tank Bruegel. He previously served as a government official for more than ten years, heading the fiscal policy division in the German Ministry of Finance and the economic policy division in the Ministry of Economic and Energy Affairs. Armin sits on the WTO list of panellists serving the WTO Dispute Settlement Body.
Understanding the European Union requires more than studying the rules laid down in the European Treaties. EU Law and Economics opens an insightful and thought-provoking dialogue between two distinct disciplines. Written with lucid erudition, Steinbach deploys economic analysis to illuminate core structural questions about the European legal order. An important new contribution to the theoretical and practical understanding of EU law. * Pascal Lamy, former Director General of the World Trade Organization (WTO) and Vice-President of the Paris Peace Forum * EU Law and Economics provides a masterful analysis of the interaction between law and economics in the European Union, and the different perspectives that lawyers and economists have when approaching the why, how, who and what of integration. Steinbach carefully contrasts the role of the Member States, as the 'masters of the Treaties' (the rock on which democratic legitimacy rests) with the evolution of the EU as an actor in itself, with a number of defining features such as the supremacy of EU law over national law and the innovative role of the Court of Justice of the European Union. The book is destined to become an essential reference for scholars, practitioners students and policy-makers in law and economics. * Rosa Lastra, Sir John Lubbock Chair in Banking Law and Chair of the Institute of Banking and Finance Law the Centre for Commercial Law Studies, Queen Mary University of London * Armin Steinbach' research work combines an acutely insightful grasp of the minutiae of the European Union's legal system with an exceptionally perceptive command of the economics of European policy integration. This masterpiece book will no doubt prove indispensable read for both legal scholars and economists. * Jean Pisani-Ferry, Professor of Economics at Sciences Po (Paris), Senior Fellow at Bruegel (Brussels) and Peterson Institute for International Economics (Washington) * In this insightful volume, Armin Steinbach provides an innovative, coherent, and satisfying approach to understanding the rules, processes, and constitutional structure of European integration. Drawing on law and economics, rational choice theory, public choice theory, constructivist theory, constitutional economics, and other dimensions of rational analysis, he provides an essential and compelling framework for current understanding and future research that will guide students, policymakers, and scholars of the EU for decades. This volume shows, to paraphrase Molière in Le Bourgeois Gentilhomme, that for 70 years the EU has been 'speaking' law and economics without knowing it. * Joel P. Trachtman, Henry J. Braker Professor of International Law, The Fletcher School of Law and Diplomacy, Tufts University *
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