The Importance of Economics in the Field of Law. David Friedman and Keith Knight

by | Sep 29, 2020

Economics is neither a set of questions, nor a set of answers. It is an approach to understanding behavior.

David Friedman, Law’s Order

Find Dr. Friedman’s website here: http://daviddfriedman.com/ & his blog here: https://daviddfriedman.blogspot.com/
0:00 – Quote from Law’s Order: What Economics Has to do with Law and Why it Matters
0:24 – How would you define law?
4:45 – What is the purpose of law?
11:06 – Big problem – Institutions v. Results
23:31 – Communicating to the non-economic mind
27:01 – Thinking through the secondary effects of stealing the wealth of Jeff Bezos
33:25 – Seinfeld Finale, and obligations on bystander’s
41:21 – IP aka Intellectual Property
51:36 – Implicit agreements and meeting of the minds
57:51 – Most important contributions of Michael Huemer

Archive.org: https://archive.org/details/what-economics-has-to-do-with-law.-david-firedman-keith-knight

LBRY.tv: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/The-Importance-of-Economics-in-the-Field-of-Law.-David-Friedman—Keith-Knight:1

Minds: https://www.minds.com/newsfeed/1157393452272115712?referrer=KeithKnightDontTreadOnAnyone

BitChute: https://www.bitchute.com/video/ju1fywNmYaHh/

About Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute, host of the Don't Tread on Anyone podcast and editor of The Voluntaryist Handbook: A Collection of Essays, Excerpts, and Quotes.

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