Why Hayek Rejected “Mere Legality”
In The Constitution of Liberty, Friedrich Hayek argued that “mere legality in all government action” does not suffice as a basis for upholding the rule of law. Under a standard of mere legality, as long as a law is on the statute books, anything done in accordance with that law is legal.
Why Hayek Rejected “Mere Legality”
My 46 Years of Contempt of Congress
Nearly one-third of major U.S. housing markets now see falling home prices
Inventory has been rising steadily over the past year, up 29% in June compared with the same month last year. Prices are still seeing big gains in the Northeast and Midwest.
Another surge in long bond yields in Japan amidst worries over govt debt
“the 30-year yield neared the record high seen in May and the 20-year yield touched the highest since 2000.” The rout in Japan’s debt market also followed a tumble in US Treasuries on Friday as worries about inflation re-emerged.
Robert Reich’s Blind Spots: The Elephant in the Progressive Left’s Room
Intellectual Property: Innovation Should Serve Consumers, Not Producers
The Putrid Underbelly of Woke Capitalism
The Guillotine and the Lyre: What Andrea Chénier Reveals about the French Revolution
- Read more about The Guillotine and the Lyre: What Andrea Chénier Reveals about the French Revolution
It is 1789. The Bastille has fallen, and Paris breathes the dense air of a promise. In the salon of a countess, a young poet—inspired by the ideals of liberty, equality, and fraternity—recites his verses among nobles who still smile.
