The Theory of Legal Origins

In their seminal 19 97 article, lap lopez de salanes, schleifer and vishny argued that common law systems offer greater protection for investors and creditors. Like so many arguments in social science, this theory of legal origins implies a certain version of history. Why did french law end up being worse than english? Because the mediaeval french crown was more assertive of its prerogatives than the english. Because france was less peaceable internally and more vulnerable externally than england. And because the french revolution, which itrusted judges, sought to convert them into ottomata,. The result was an even less independent judiciary and courts precluded from reviewing administrative acts.