The Jacob Burns Institute for Advanced Legal Studies at Cardozo School of Law Presents: Fantasy and Markets

October 23-24, 2011

Sep 28, 2011, 13:12 ET from Cardozo Law School, Yeshiva University

NEW YORK, Sept. 28, 2011 /PRNewswire/ -- Modern legal scholarship has been dominated by the model of rationality posited by neo-classical economic theory. Even proponents of "behavioral economics" adopt the neo-classical model merely asserting that, as an empirical matter, economic actors deviate from it in certain predictable ways.

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The financial crisis that led to the Great Recession suggests that it is time to reconsider this model. Lacanian psychoanalysis and speculative philosophy provide perspectives to do so because they reject the entire framework of economic rationality. If economics sees rationality as the ability of a subject to formulate the means to achieve her pre-existing ends, these theories see rationality as the ability of a subject to determine her appropriate ends. Economic theory sees rationality as predictable, and irrationality as chaotic behavior. Philosophy sees rationality as the capacity for freedom understood as spontaneity; psychoanalysis argues that it is the unconscious that is rigidly structured like a language. Economics sees reason and passion as opposites. To philosophy and psychoanalysis, they are corollaries–two sides of the same coin. Most importantly, economics ignores the role of the unconscious and fantasy in market behavior.

This conference will bring together a number of prominent scholars from around the world who have been studying the relationship of the subject to the market from the perspective of a number of disciplines including law, psychoanalysis, philosophy, sociology and literary studies.


JASON GLYNOS, Senior Lecturer, Department of Government, University of Essex

BERNARD E. HARCOURT, Julius Kreeger Professor of Law and Professor and Chair of Political Science, University of Chicago

PENELOPE PETHER, Professor of Law, Villanova University School of Law

RENATA SALACL, Visiting Professor at BIOS Centre, London School of Economics and Birkbeck College School of Law; Senior Researcher Institute of Criminology, Faculty of Law, Ljubljana; and Recurring Visiting Professor of Law, Cardozo School of Law

DAVID CAUDILL, Professor of Law, Arthur M. Goldberg Family Chair, Villanova University School of Law

FRANZ KALTENBECK, Psychoanalyst, Paris; Medical-Psychological Service in the Prison of Lille, Centre Hospitalier Regional Universitaire de Lille; Teacher of Psychoanalytic Clinic and Theory; Director of Savoirs et clinique. Revue de psychanalyse

HENRIETTA MOORE, William Wyse Professor of Social Anthropology, University of Cambridge; and Director of the Culture and Knowledge Programme, London School of Economics

JEANNE L. SCHROEDER, Professor of Law, Cardozo School of Law

DAVID GRAY CARLSON, Professor of Law, Cardozo School of Law

GENEVIEVE MOREL KALTENBECK, Psychoanalyst, Paris, Lille; Teacher of Psychoanalytic Clinic and Theory; President of Savoirs et Clinique and CP-Aleph, Associations for Psychoanalysis

LAURENT DE SUTTER, Senior Researcher, Fund Wetenschappelijk Onderzoek, Vrije Universiteit Brussel and Facultes Universitaires Saint-Louis (Brussels); and Visiting Honorary Research Fellow, Cardozo School of Law

CHARLES YABLON, Professor of Law, Cardozo School of Law

DAVID CAMPBELL, Professor of International Business Law, University of Leeds School of Law

PIERRE SCHLAG, Byron White Professor of Constitutional Law, University of Colorado Law School

YANNIS STAVRAKAKIS, Associate Professor of Political Science, Aristotle University of Thessaloniki

JAMIESON WEBSTER, Psychoanalyst in Private Practice, New York City; Adjunct Professor of Psychology, Eugene Lang College; and Junior Member of Faculty, Institute for Psychoanalytic Theory and Research

To attend this conference, RSVP to

SOURCE Cardozo Law School, Yeshiva University