One of the distinctions that Boudreaux and Hayek both stress is the one between law and legislation. Boudreaux illustrates this with three nice examples, two of law and one of legislation.
Hayek's conclusion about the importance of local knowledge can be extended far beyond markets into many parts of our lives. In this essay, I summarize Hayek's argument and then apply it to some good things that happened on September 11, 2001, and to two cases after 9/11--the case of the "shoe bomber" and that of the "underpants bomber"--when airline passengers acted together to save themselves from terrorists.
Angus Burgin's video of his keynote address at the first annual workshop on political economy.
The latest episode of EconTalk is Mike Munger on cultural norms...
In today's slow-growth climate, many pundits and politicians are pushing for new solutions to get the economy in a higher gear. A better path forward may be looking to lessons from the past.
Adam J. White, "The Coming Revolution In Administrative Law: Will A 20th-Century Compromise Rule The 21st Century?"
Hoover Institution fellow Adam White discusses the coming changes in administrative law.
The latest episode of EconTalk is this conversation with my co-host here at Cafe Hayek, Don Boudreaux, on the distinction between law and legislation...
Now in its fourth year, the Hoover Institution Library & Archives’ Workshop on Political Economy brings together scholars from across the globe to study the history of economic thought using the archives of such notable thinkers as Karl Popper, Milton Friedman, and F.A. Hayek. This year the workshop welcomed Leah Wright Rigueur, Assistant Professor of Public Policy at Harvard University and author of The Loneliness of the Black Republican: Pragmatic Politics and the Pursuit of Power (2015), who presented a keynote address on June 28th.
Trolls and Other Patent Inventions: Economic History and the Patent Controversy in the Twenty-First Century
IP² Working Paper No. 13001 - The most significant changes to the patent and innovation system in the past two centuries have been, or are in the process of being, implemented in the United States today.
An Interview with Chinese Law Expert Julian Ku.
Hoover fellow and historian Niall Ferguson on China, Trump, and Trade.
Can the US Hold China Responsible for the Pandemic?
Defender-in-Chief and the Trump Doctrine in Asia.
Hoover Fellows Boskin and Cogan among Appointments by Gov. Schwarzenegger and Legislative Leaders to Bipartisan Commission on the 21st-Century Economy
SACRAMENTO -- Governor Arnold Schwarzenegger and legislative leaders on Wednesday announced that two Hoover Institution fellows are among those appointed to the Commission on the 21st-Century Economy.
Professor Mitter discusses the Tiananmen Square Massacre thirty years later and the 100th Anniversary of the May Fourth Movement as well as and the future of Chinese pluralism after the coming to power of Xi Jinping.
The main unifying theme of the conference is that successful policy requires that central bankers’ decisions be based on clearly-understood rules—including legal limits, institutional structures, mandates, traditions, procedures, or formulas—and not solely on discretion.
If there is a topic Justice Antonin Scalia does not relish discussing, it is how he would have voted in Brown v. Board of Education had he been on the Supreme Court when it was decided in 1954. . . .
Peregrine is an online journal with a unique mission. Each issue will address one topic out of the many elements related to immigration in the US. This inaugural issue, in fact, asks the most basic question of all: What is the right amount of legal immigration?