Sunday, August 21, 2011

Rotten Laws Bring About Rotten Order.

The connection between economics and the law is implied, but it is rarely regarded by economists as a special object worthy of their research.” [63] Keeping in mind the concept of reciprocity, the immediate implication is that laws bring about order. The source of the laws determines the type of order. Rotten laws (order) bring about rotten order (law), whereas good laws bring about a good order, and whereas divine laws bring about divine order (Diagram III R).

[63] Bruno Leoni, Freedom And The Law, Expanded Third Edition, (Liberty Fund, 1991), 50.

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