The Rise and Fall of Freedom of Contract explained

The Rise and Fall of Freedom of Contract (1979) is a legal-historical text on the changes in the concept of freedom of contract by English Professor Patrick Atiyah. It was published by the Oxford University Press, and a paperback edition was released in 1985.

Summary

The central theme is that the notion of a contract based on consent (or a "meeting of minds") was almost entirely absent before 1800 in the law. Instead it was based on reliance or the receipt of a benefit.[1] You could revoke a promise, and the concept of an executory contract was unknown.[2] Moreover, courts were more concerned with the fairness of an exchange, and not concerned merely to uphold promises or the parties' will. Damages reflected that, only being for the value of exchange, not the loss of a bargain.[3]

Then, after 1800, the concept of contractual freedom "rose". Promises and the "intentions" of parties "became the paradigm of contract theory".[4] Atiyah argues that it began with the notion of freedom of property, summed up in the phrase of Sir Edward Coke in Semayne's case that every man's home is his castle.[5] Following that was the transition from a property to a contract based society.

After 1900, however, freedom of contract had had its heyday. Atiyah illustrates how the growth of consumer protection, rent and employment legislation has moved contract back into smaller confines, based on general notions of fairness.

Contents

See also

References

Notes and References

  1. Ch. 6 and p. 499
  2. Ch. 7
  3. pp. 142, 195, 199–200
  4. p. 420
  5. pp. 85–86, 116