WISCONSIN & THE DEATH OF THE RULE OF LAW

“Pragmatism” without principle in action:  “This is judicial activism in its purest and most invidious form. Results, not due process of law, quite clearly governed Judge Sumi’s every action. It matters not what one feels the proper scope of public sector union collective bargaining rights should be, this is sheer lawlessness.”

HT Instapundit.

NGRAM — THE RULE OF LAW

Hayek’s first began writing about “The Rule of Law” in 1938, in his paper “Freedom and the Economic System”, which was expanded into his influential discussion of the rule of law found in The Road to Serfdom.

A NATION OF LAWS OR A NATION OF CENTRAL BANKERS?

Larry White is just asking. (pdf)

ARBITRARY RULE BY THE ADMINISTRATIVE STATE = PRIVILEGES FOR INSIDERS

They’re calling it “waivers for favors” — and it’s how America rolls in 2011.

DEMOCRACY & THE CAUCASUS — HAYEK “PARAPHRASED” IN THE WIKILEAKS STATE DEPT. CABLES

From a U. S. State Dept. document published in The Guardian:

The vertical of power, he said, is inapplicable to the Caucasus, a region that Moscow bureaucrats such as PolPred Kozak would never understand. The Caucasus needs to be given the scope to resolve its own problems. But this was not a plug for democracy. . . . → Read More: DEMOCRACY & THE CAUCASUS — HAYEK “PARAPHRASED” IN THE WIKILEAKS STATE DEPT. CABLES

“The Evolution of Rule of Law in Hayek’s Thought, 1935-1955″

A new working paper from Steven Ealy.

Four timely ideas from Friedrich Hayek

Russ Roberts in the Wall Street Journal:

now that the [Keynes inspired] stimulus has barely dented the unemployment rate, and with government spending and deficits soaring, it’s natural to turn to Hayek. He championed four important ideas worth thinking about in these troubled times.

First, he and fellow Austrian School economists such as Ludwig Von . . . → Read More: Four timely ideas from Friedrich Hayek

Obama, BP & government by fiat

Absurd crony-capitalism tort caps lead to Putin-style rule from the White House — and to the creation of another mega-billion dollar slush fund under the arbitrary control of a “strong” in-charge El Presidente, and largely beyond the control of democratic checks and balances .. and the rule of law.

Once again we see the “ratchet . . . → Read More: Obama, BP & government by fiat

de Soto on Property Rights & the Crash

here.

My ancestors recorded property right claims with a central registrar in the no-mans land of Oregon when the region had no legitimately recognized government.  The people of the region followed customs of law and governance share among the English and Americans, with the anticipation that their property rights claims would later be recognized by . . . → Read More: de Soto on Property Rights & the Crash

Mark Steyn Does F. A. Hayek

Mark Steyn on regime uncertainty and the rule of law:

Functioning societies depend on agreed rules. If you want to open a business, you do it in Singapore or Ireland, because the rules are known to all parties. You don’t go to Sudan or Zimbabwe, where the rules are whatever the state’s whims happen to . . . → Read More: Mark Steyn Does F. A. Hayek

The Rule of Fixed Law vs. The Arbitrary Personal Rule of Federal Bankers & Bureaucrats

Lawrence White drills down to fundamentals (pdf):

at the core of the “rule of law” concept, as I understand it, is the liberal principle of non-discretionary governance that stands in contrast to the arbitrary or discretionary rule of men in authority. In shorthand, a political community faces a choice: either “the rule of law” or . . . → Read More: The Rule of Fixed Law vs. The Arbitrary Personal Rule of Federal Bankers & Bureaucrats

new: F. A. Hayek, “Decline of The Rule of Law, 2″

F. A. Hayek,“Decline of The Rule of Law, 2″ (pdf) May 4, 1953, The Freeman, pp. 561-563.  Here’s the complete text in html:

As the establishment of the Rule of Law in England was the outcome of the slow growth of public opinion, the result was neither systematic nor consistent.  The theorizing about it was . . . → Read More: new: F. A. Hayek, “Decline of The Rule of Law, 2″

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[Keynes] knew his Marshall, but very little else. — F. A. Hayek

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