Legal System

It is important to change our political culture, which treats "democracy," or the "right" to vote, as the supreme political good.

Ryan McMaken reviews a new book on the political institutions of the Middle Ages, 'The Medieval Constitution of Liberty: Political Foundations of Liberalism in the West.' 

Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.

Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.

Regulatory systems are infamous for creating “traps” in seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find themselves up to their necks in alligators.

Regulatory systems are infamous for creating “traps” that seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find themselves up to their necks in alligators.

As Hayek noted, civilizations do not arise from political decrees, nor are they the simple product of culture. The costs of transacting exchanges also play an important role.

Brazilian jurisprudence is tampering with legal discourse from two distinct traditions: proportionality and reasonableness.

It took centuries to end the idea that taxes kept the privileged class in comfort and financed their wars. But now we're told taxes = civilization.

If the US carries through its plans of “regime change” in Iran (which at this time is highly doubtful), look for an attempt to install its own “puppet” regime, a regime that no one can trust.