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Law, Liberty, and the Competitive Market (Paperback)
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Law, Liberty, and the Competitive Market (Paperback)
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Law, Liberty, and the Competitive Market brings the clash between
law and legislation to the attention of economists and political
scientists. It fills a void and offers a series of texts that have
not previously been translated into English. This anthology
connects various articles by Leoni on economics and law with the
objective of emphasizing how much Leoni's own theory in the
juridical environment was influenced by reflection on authors of
the Austrian school--from Carl Menger to Ludwig von Mises, from
Friedrich von Hayek to Murray N. Rothbard.The essays dealing with
economics help us understand how many of Leoni's positions were
libertarian. A careful reader of Mises, Leoni often ends up by
assuming positions that are even more anti-state than those of the
Austrian economist (concerning monopolies, for example). It is
significant that in the 1960s his thought was influenced by
Rothbard. The very critiques that he addresses to normativism and
to analytical philosophy contain strong ideological elements, as
they move from the awareness that legal positivism leads to statism
and philosophical relativism to acquiescence in the face of
power.Studying the market economy, Leoni perceives opposition
between spontaneous order and planning. In this way, he understands
how such a contrast is significant for the origins of norms.
Leoni's idea of a law able to protect individual liberty has its
roots in the market. Thus, the market is at the same time the model
he uses to conceive the legal order and an institution fundamental
for the service of civilization, which the law is called to
protect. This is an important work by a figure only now being
recognized as a pioneer in the field of economics and an innovator
in political theory.
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