As is the case in the link between Cordyceps and holistic health, the relationship between law and economics goes far beyond what many people know. The principle understanding here is that law influences economics, as is it does in most disciplines, but the fundamental question here is-does economics influence law? The scope of economics is factored around the socio-economic ethos of any particular society. The elements of these societies are then magnified through global trade and other factors that see this country interact with other economies of scale.
The industrial structure of a country is known to have a direct impact on the shape of policies based on the strength of the specific economic institutions. The verdict here is; economics, when put in perspective, forms the basis of the study of law, by any stretch of the imagination. Policy instruments are all shaped by economic factors, and it takes its principles of practice from the study of law as a significant influencing factor.
An example of a similar kind of link would be, as earlier mentioned, the study of nature as an element in the study of man. The use of other forms of life that is in direct interaction with human life and the way they assist in maintaining and assisting man’s overall well being. Consider the use of the Cordyceps sinensis fungus to treat diseases and improve bodily function, or the study of plant life as food alternatives. Research is all about interconnectivity between disciplines, thus, in a similar capacity, the study of law is heavily reliant on economic factors.
This is not the end of it. When you consider that the study of any discipline is interlinked with other areas of study, then you will come to realize that the bar does not stop at economics and law. The study of economics itself takes on an element of anthropological study. The study of man and his interactions with nature are a crucial part of the entire program, and, as such, is involved in the fine print of the curriculum. When it all comes down to it, for you to master any discipline, you require at least some entry level knowledge of about a dozen other related fields of study. It sounds exhausting, but at the same time, it is just as equally fascinating.
You will find, in many cases that crime is the direct effect of economic strangulation, and thus, it is two shades short of impossible to separate the two fields of study.