According to Anthony Chase, American law has undergone a series of radial transformations that correspond to four broad periods of American history: precapitalist, capitalist, state capitalist, and global capitalist.Laws may be written down in black and white, but as economic and social history unfold, Chase argues, the spirit of the law slips quietly from the letter, leaving room for interpretation. This gray space is where legal analysis and debate take place - and legal institutions develop.Drawing on an impressive range of sources - from classic texts by Adam Smith, Karl Marx, and Friedrich Engels, to Norman Mailer lectures and the critical legal studies theory of Morton Horwitz - Law and History explores what the author calls "the intriguing mystery of how law and history fit together." How precisely have long-term economic cycles influenced American legal doctrine? How have movements in U.S. social history shaped the development of our legal institutions?