![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/quotes_7a.gif)
Mario Rizzo: The State versus Civil Society
Mario Rizzo is currently an associate professor of economics at New York University and the director of the Program on the Foundations of the Market Economy. Rizzo is co-author (with Gerald O’Driscoll) of The Economics of Time and Ignorance (1985).
In this lecture given at an Institute for Economic Studies conference in Aix-en-Provence, France in 1999, Rizzo speaks about various problems the state has had with civil society throughout history. He gives three examples — Pliny the Younger and Trajan’s letters about licensing clubs, organizations, and fire departments; the Falun Gong movement in China, and the state of private universities in America. He says that by encouraging rent-seeking and lobbying efforts by private groups, the state’s attitude toward civil society over the course of history has shifted from distrust and outright hostility to one of pandering and encouraging complicity.
View full post on Libertarianism.org
Mario Rizzo on Hayek and the Common Law
Mario Rizzo is currently an associate professor of economics at New York University and the director of the Program on the Foundations of the Market Economy. Rizzo is co-author (with Gerald O’Driscoll) of The Economics of Time and Ignorance (1985).
In this lecture from 1999, Rizzo addresses aspects of the common law in an attempt to answer the question “How can the common law adapt to novel circumstances and still promote the coordination of plans?” Rizzo answers the question by drawing on much of F. A. Hayek’s work regarding the law while emphasizing the importance of balancing consistent legal expectations with a slight degree of circumstantial adaptability.
View full post on Libertarianism.org
Mario Rizzo on the Common Law in Real Time
In this 1997 lecture from a Center for Market Processes conference at George Mason University, Mario Rizzo talks about the nature of the common law system: a system of laws that aren’t necessarily codified but instead spontaneously arise thorough precedent. The common law is, in Rizzo’s words, “a process of generating emergent properties;” of growing and evolving law in response to societal changes over time.
Rizzo is currently an associate professor of economics at New York University and the director of the Program on the Foundations of the Market Economy. He is co-author (with Gerald O’Driscoll) of The Economics of Time and Ignorance (1985).
View full post on Libertarianism.org
New Video: Mario Rizzo on the Common Law in Real Time
In this 1997 lecture from a Center for Market Processes conference at George Mason University, Mario Rizzo talks about the nature of the common law system: a set of laws that aren’t codified but instead spontaneously arise thorough precedent. The common law, Rizzo says, is “a process of generating emergent properties;” of growing and evolving law in response to societal changes over time.
Rizzo is currently an associate professor of economics at New York University and the director of the Program on the Foundations of the Market Economy. He is co-author (with Gerald O’Driscoll) of The Economics of Time and Ignorance (1985).
View full post on Libertarianism.org