Legal System

Volume 6, Number 1 (Fall 1985)

Charles Baird discusses the impact of Government regulation on entrepreneurial discovery.

The praxeological method is an efficacious way to investigate the fundamental theoretical questions at the heart of any study of human endeavor. 

The Structure of Liberty is an important new work by one of libertarianism's most significant and thoughtful legal scholars.  Its primary substantive deficiency is its over-reliance on the Hayekian knowledge paradigm

The present number of the QJAE features the proceedings of a symposium held on March 29–30, 2001 at the Mises Institute. The theme “Austrian Law and Economics:

oth the establishment of property rights and their violation spring from actions: acts of appropriation and expropriation. However, in addition to a physical appearance, actions also have an internal, subjective aspect. 

The title of this symposium is Austrian Law and Economics: The Contributions of Adolf Reinach and Murray Rothbard. The second part of this title is not at all problematic;

To Serve and Protect is a breath of fresh air in the fog of mainstream recommendations concerning security, crime, and punishment. In the mainstream literature, liberals typically regard the offender as the victim of an egoistic society and conservatives typically say that the only way to reduce crime is to increase the severity of punishment. Benson brilliantly shows that the solution to the problem of criminal justice does not rest with increasing law-enforcement budgets or imposing harsher punishments, but with privatization.

The Eastern European countries have been going through a transition phase since the liberalization of their economies with the collapse of communist regimes in the early 1990s.

Economic analysis can be applied to the phenomenon of crime. In the present paper, we will deal with an approach to the economics of crime that is built on the foundations of neoclassical welfare theory.

Patents have a long history as a proxy for inventive activity.  Although these data lost ground in the early 1960s to other measures of technical innovation, they have once again become fashionable in the last decade.