Econtalk: Boudreaux on Law and Legislation

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Don Boudreaux of George Mason University talks about the fundamental principles of economics and civilization: spontaneous order and law. Drawing on volume one of Friedrich Hayek's classic, Law, Legislation and Liberty, Boudreaux talks about the distinction between law and legislation, the appropriate role of judges, and how the fulfillment of our expectations allows us to pursue our goals and dreams.

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Time: 1:13:27

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Readings and Links related to this podcast

Podcast Readings HIDE READINGS

Cafe Hayek Don Boudreaux's blog (joint with Russ Roberts) "The Reality of Markets", Russ Roberts, Library of Economics and Liberty, 2005. On the meaning of spontaneous order. Law, Legislation, and Liberty: Rules and Order, by Friedrich Hayek, U. of Chicago Press, 1973. Vol. 1 of 3. Available at amazon.com. "$50 iBooks Cause Stampede", tuaw.com, Aug. 16, 2005. The disorder that can occur when price is set below the market price. "The Tradition of Spontaneous Order", Norman Barry, Literature of Liberty, 1982. "The Use of Knowledge in Society", Friedrich A. Hayek, American Economic Review, 1945. "Order Defined in the Process of Its Emergence", James M. Buchanan, Literature of Liberty, 1982. Also available at the Online Library of Liberty. The Road to Serfdom, by Friedrich Hayek, U. of Chicago Press, 1944. Available at amazon.com. Blog commentary, by Donald Luskin at The Conspiracy to Keep You Poor and Stupid, Jan. 17, 2007. On reading Buchanan's article, following up on this podcast. Listening Guide for this podcast. Discussion questions for high school and up.