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 the creator of the Don't Tread on Anyone podcast and Odysee channel. Having supported Barack Obama in 2008, and Mitt Romney in 2012, he became a Libertarian Anarchist after running out of arguments for when initiating violence is morally permissible. His goal in life is to spread knowledge of critical thinking, the non-aggression principle, self-ownership, natural law and the private property ethic.
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