Nicholas Mercuro

Michigan State University College of Law

Ph.D. Michigan State University; Resource Development (1977)

From 1976 to 1997 Professor Mercuro was on the faculty of the Department of Economics and Finance at the University of New Orleans; from 1988 to 1996, he was also a member of the adjunct faculty of Tulane Law School where he taught law and economics. He accepted a university-wide professorship at Michigan State University in 1997; in 2002 was named Professor of Law in Residence at Michigan State University College of Law; and in 2005 he became a member of the faculty of M.S.U.'s James Madison College.

Professor Mercuro has authored journal articles, book chapters, and book reviews in the field of law and economics including 10 books: Law, Economics and Public Policy was published by JAI Press in 1984. In 1989, with Kluwer Academic Publishers, he edited a collection of essays for a book titled Law and Economics. Also with Kluwer Academic Publishers, Professor Mercuro edited a collection of original articles titled Taking Property and Just Compensation: Law and Economics Perspectives of the Takings Issue. In 1994, with two of his colleagues from the University of New Orleans, he co-authored a book titled Ecology, Law and Economics published by the University Press of America (second edition came into print in 1997). In 1997 Professor Mercuro and Professor Steven G. Medema of the University of Colorado at Denver published a book titled Economics and the Law: From Posner to Post-Modernism with Princeton University Press. Shortly thereafter, in 1999, he and Professor Warren J. Samuels of Michigan State University edited a collection of twenty-two original articles published by JAI Press titled The Fundamental Interrelationships between Government and Property. In 2005 he edited a book with Professor Margaret Oppenheimer of DePaul University titled Law & Economics: Alternative Economic Approaches to Legal and Regulatory Issues. In 2006, he and Professor Steven G. Medema finished work on the 2nd edition of Economics and the Law: From Posner to Postmodernism and Beyond (Princeton University Press, 2006). Also in 2006, he and Professor Warren J. Samuels edited a thematic issue of the Journal des Economistes et des Etudes Humaines with the thematic title “The Meaning and Role of the Market.” In 2007, with the assistance of Lauren Yuile (a student enrolled in MSU’s James Madison College) he completed work on a 2,000 page / 5 volume encyclopedia titled Law and Economics (Critical Concepts in Law / Routledge Major Work). In March of 2007, he organized a 2-day workshop at Michigan State University to honor the career of Professor A. Allan Schmid of the M.S.U. Department of Agricultural Economics. The workshop titled, “Assessing the Evolution and Impact of Alternative Institutional Structures,” explored the various strands of American institutional economic thought. Based on that workshop, he, together with Professor Sandra S. Batie of M.S.U.’s Department of Agricultural Economics, edited 17 contributed workshop papers for a book titled Alternative Institutional Structures: Evolution and Impact, published by Routledge Press, 2008. Shortly thereafter he published three articles – one for the Journal Jurisprudence and two book review essays, one on the origins of law and economics, and the other on Chicago antitrust law and policy both for the Research in the History of Economic Thought. In 2015 he and Aristides N. Hatzis completed work on a new book titled Law and Economics: Philosophical Issues and Fundamental Questions published by Routledge Press.

In 1986-1987 Professor Mercuro was a visiting professor at the Institute of Economic Theory at the University of Vienna. In 1987, Dr. Bruno Kreisky, Chancellor of Austria, named Professor Mercuro to the Kreisky Commission on Employment Issues in Europe [on which he served for a period of two years]. From 1988 to 1990 Professor Mercuro served as the Associate Dean of the Division of International Education for the University of New Orleans. Also in 1988 he was appointed a member of the adjunct faculty of Tulane Law School where, for eight years, he taught a course titled The Economics of Legal Relationships. In 1989 he founded, and for 14 years served as the series editor of an interdisciplinary annual journal - The International Review of Comparative Public Policy. In the Spring of 1993, as a Fulbright Scholar, Professor Mercuro taught and engaged in research at the Free University of Berlin. In 1994 he founded, and now serves as the series editor of the book series, The Economics of Legal Relationships, published by Routledge Press (with 19 books in print).In the summer of 1995 he was a Visiting Professor at the Institute of Economic Theory at the University of Vienna where he delivered lectures for a course titled Ecology, Law and Economics. He was an invited Research Associate the summer of 1996 at the Erasmus Program in Law and Economics, University of Hamburg. In the academic year 1996-1997, Professor Mercuro was awarded the John A. Hannah Visiting Endowed Chair for Integrative Studies at Michigan State University; in addition, he was also named the Jeffrey N. and Kathryn C. Cole Professor - Honors College, Michigan State University. In May of 1997, he decided to accept a permanent position at MSU.

During the summer of 1999, Professor Mercuro designed and coordinated the M.S.U. Law & Economics Program -- Hamburg, Germany -- an eight-week international summer program held at the University of Hamburg in conjunction with that university's Erasmus Programme in Law & Economics; that M.S.U. Law & Economics Program was again offered at the University of London in the summer of 2002. He also initiated and has organized the M.S.U. - Music, Art, and Language summer program in Bregenz, Austria (offered each summer since 1999). From mid-December 2000 through mid-January 2001, on a grant from the French government, Professor Mercuro served as Guest Professor at Institutions et Dynamiques Historiques de l'Economie, Ecole Normale Superieure de Cachan, France where he presented a series of lectures on Law and Economics. In the spring of 2003 he was on sabbatical at the Université de Droit, d'Economie et des Sciences d'Aix-Marseille, Faculté d'Economie Appliquée, Aix en Provence, France. In 2009, Professor Mercuro brought together James Madison College, College of Arts & Letters, and the College of Business to become cosponsor’s MSU’s new program – Academic Year Abroad-University of Innsbruck, Innsbruck, Austria. Professor Mercuro continues to teach Law and Economics at both James Madison College and the Michigan State University College of Law and continues to organize the art exhibitions for Michigan State University College of Law.