The University of Chicago Law School is taking its teachings on the intersection of law and economics global with a new summer program for international scholars and policy makers.

The school's Institute for Law and Economics, launched last fall, this month will host a two-week program covering "Property Rights and Private Law" for 75 professors, graduate students, postdoctoral fellows an other legal scholars from China, Hong Kong and Taiwan.

Administrators hope the program will introduce law-and-economics concepts into China's legal education system and help Chinese scholars interested in the field create their own support network, said Joseph Burton, the institute's executive director. Law-and-economics theories are still relatively unknown in China, Burton said, and the Asian Law and Economics Association has yet to establish a foothold there.

"We want to see law and economics given more prominence in China," Burton said.

Read more at National Law Journal