Category Archives: Rule of Law

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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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