Applying Heterodox Economic Theory to the Teaching of Business Law: The Road Not Taken.

Throughout much of the legal community, the term "economics" evokes memories of undergraduate micro- and macroeconomic courses. At most American colleges and universities, these courses focus almost exclusively on neoclassical economic theory,' which forms the foundation of what is thought of as mainstream economics in the United States. Therefore, it also should not be surprising that law professors and others who come from backgrounds that have been marginalized and oppressed by the policy instruments constructed using neoclassical economic theory, both generally and as it has infiltrated the law and legal thinking, would devote greater effort to interrogating mainstream economic theory, than those who benefit from the ideologically determined distributions of assets, resources, and opportunities that this system achieves.