About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

11 Geo. Mason U. L. Rev. 139 (1988-1989)
The Market for Rules, Privatization, and the Crisis of the Theory of Public Goods

handle is hein.journals/gmaslr11 and id is 391 raw text is: PANEL V THE MARKET FOR RULES, PRIVATIZATION, AND THE CRISIS OF THE THEORY OF PUBLIC GOODS Leonard P. Liggio* The theme of private and privatization in law is long standing. It is fun- damental to the Anglo-American common law tradition. It is possible to view the common law as being private law in contrast to many modem legal sys- tems. However, historians of Roman law argue that Roman law was simi- larly private law, but that the codification under Justinian changed Roman law into the system that is widely accepted as in contrast with common law. These issues have begun to receive greater attention from legal philoso- phers. Professors Ellen and Jeff Paul at the Social Philosophy and Policy Center at Bowling Green State University have directed several conferences at which the seminal contributions of Richard A. Epstein of the University of Chicago Law School have been explored and expanded upon. Similarly, James Buchanan, who was the original inspiration for the organization of this set of papers, has encouraged parallel work by legal philosophers such as Lester Hunt, J. Charles King, and Loren Lomasky. Additionally, Buchanan has included in his programs philosophers such as David Gauthier, John Rawls, Thelma Lavine, Shirley Robin Letwin, and Robert Nozick. In this Buchanan is continuing the work of his great teacher, Frank Knight, as well as continuing the work of his Italian and Swedish sources of public choice theory. A major influence on the theme of private and privatization is the work of F. A. Hayek. Building on the contributions of Ludwig von Mises in Socialism' and in Human Action,2 Hayek, during two decades at the London School of Economics and more than a dozen years at the University of Chicago at its most productive period, formulated a number of approaches to these issues. Merely noting the movement of Ronald Coase from the London School of Economics in the 1930s to the University of Virginia in the 1950s and to the University of Chicago in the 1960s suggests some of the interplay * President, Institute for Humane Studies, George Mason University. 1. L. von Mises, Socialism (1932). 2. L. von Mises, Human Action: A Treatise on Economics (1949).

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most