Early common law judges intuited economic analysis unknowingly [contrarian]
Reviewing my eight items, we can see that Cardozo had a solid pragmatic grasp of the weakness of formalism (point 3) and a good pragmatic theory of adjudication (point 6), but free speech was not an issue about which he was much concerned (point 1); the critique of intention and causation (point 2) was less developed than it is today and certainly less salient in Cardozo's thinking; he was uninterested in interpretation and unrealistic about the legislative process (point 3); and he was innocent of the economic approach to law as a self-conscious methodology (point 6)-it did not exist in 1921, or indeed until half a century later-but like most good common law judges he had intuitions of it.
Richard A. Posner, Richard A. Posner - What Ha…, loc. 138