IS IT WITTGENSTEIN?

Or is it Seth Lipsky on fiat money and the kilometer standard in Paris. Wittgenstein in his private language argument and in his discussion of our shared language and practices of measuring with an inch-ruler brings to the foreground the necessary regularities in our common linguistic social background and in our goings on in the . . . → Read More: IS IT WITTGENSTEIN?

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I think that permanence and stability are the cardinal virtues of the legal rules that make private innovation and public progress possible. To my mind there is no doubt that a legal regime that embraced private property and freedom of contract is the only one that in practice can offer that permanence and stability .. In reaching this conclusion, I have been heavily influenced by the work of Friedrich Hayek. — Richard Epstein

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