Read Rules and Order by Friedrich A. Hayek Free Online
Book Title: Rules and Order|
The size of the: 786 KB
Edition: University Of Chicago Press
Date of issue: February 15th 1978
ISBN 13: 9780226320861
The author of the book: Friedrich A. Hayek
Format files: PDF
Read full description of the books:This is pretty much the core of Hayek's awesomeness. Discusses the development of common law, and how it differs from legislation or royal law. Basically common law (or "real" law) is generated through a discovery process. Successful and widespread norms get codified by reputable arbitrators or "judges", and crappy norms are phased out, or stricken down. Of course there are some issues with this. It is inherently slow, like all evolution, but I'm sure you can imagine some creative ways of solving that problem. He claims that legislation was initially supposed to be just bylaws or internal regulations of state administration. Over time through "mission creep" and through ideological subversion of the idea of "law", that has changed.
Thats the stuff which is fresher in my memory since It comes later. However this is all built from very abstract philosophical premises which occupy the first part of the book. There he goes into the distinction between constructivist/cartesian/naive rationalism, and his position of "critical" rationalism (you can tell he made up these terms). Basically the constructivists believe that all knowledge can be derived via rational deduction. Any institutions or traditions which cannot be derived in such a manner ought to be tossed out. This is a "Jacobin" sort of attitude towards old institutions, contrasted with the almost Burkean prudence of Hayek's position. Hayek says that we should presume that traditions and institutions exist because they've survived an evolutionary process of selection which made them fit for a given environment. Granted, conditions may have changed and change might be necessary, but the burden of proof should be on us to prove why the Old Thing should be gotten rid of. They might exist for reasons inscrutable to us because we can NOT deductively ascertain all knowledge.
In between the aforementioned two points also talks about the difference between emergent and constructed orders and how they are interlayered, but that seems pretty obvious and is less interesting to me so I'm not going to write about it okbye.
Read information about the authorFriedrich August von Hayek CH was an Austrian and British economist and philosopher known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought. He is considered by some to be one of the most important economists and political philosophers of the twentieth century. Hayek's account of how changing prices communicate signals which enable individuals to coordinate their plans is widely regarded as an important achievement in economics. Hayek also wrote on the topics of jurisprudence, neuroscience and the history of ideas.
Hayek is one of the most influential members of the Austrian School of economics, and in 1974 shared the Nobel Memorial Prize in Economics with Gunnar Myrdal "for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena." He also received the U.S. Presidential Medal of Freedom in 1991 from president George H. W. Bush.
Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938.
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