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Laws Order by David Friedman

  • Magic Cup

    901 N Jupiter Rd #150, Richardson, TX (map)

    32.958363 -96.683212

  • Law plays a central role in how society(and business) works. The basic issue is that whenever more than one person is around, conflicts will emerge, and systems are needed to resolve these conflicts. One way of understanding the workings of the legal system and it's underlying nature is to understand the economics of law. To this end, legal scholar David Friedman wrote a book called Law's Order. By understanding the economic motivations of some of the legal order that we see, there is greater context to understand some of what happens and why it happens, and even more deeply understand our own interactions in the legal order, as well as better understand the problems and nature of the conflicts we have to deal with in working with society.

    A few questions to keep in mind:
    1) What aims do laws have? What situations would it be better to call a cop, a lawyer, or some form of arbitrator?
    2) How do laws intersect your economic life? Of the ones you think have reasonable and publicly minded people supporting them, what aims do they seek to accomplish and how?
    3) What sorts of legal systems would you consider possible while maintaining some semblance of a working society?

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  • Ryan
    Event Host

    I started this group out of a desire to be practical, and a long-standing desire to understand... more

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