Category Archives: Uncategorized

Originally posted on prior probability:
Although we’re a day late, 29 June 2017 marks the 10th anniversary of the launching of the original Apple iPhone.* To honor this occasion, here are some useful links: 1. Tyler Cowen’s essay in praise…

Alternative Title: Review of Chapter 12 of Law and the Invisible Hand I will conclude my review of Robin Paul Malloy’s Law and the Invisible Hand by recommending his book to my loyal readers. In brief, Professor Malloy’s beautiful book … Continue reading →

Alternative Title: Review of Chapter 11 of Law and the Invisible Hand After Chapter 6, my second-favorite chapter in Robin Paul Malloy’s Law and the Invisible Hand is Chapter 11 (the next-to-last chapter), which is titled “Adam Smith in American … Continue reading →

Djibouti, a small country nestled between Eritrea and Somalia on the horn of Africa, was granted independence from France on this day (June 27, 1977). I wonder, however, if the people of Djibouti would have been better off if their … Continue reading →

Alternative Title: Review of Chapter 10 of Law and the Invisible Hand Nine chapters down (1-9); three to go (10-12). Among other things, the antepenultimate chapter (Ch. 10) of Robin Paul Malloy’s Law and the Invisible Hand identifies an enormous … Continue reading →

Alternative Title: Review of Chapter 9 of Law and the Invisible Hand If you are a legal theory geek like myself, then Chapter 9 of Robin Paul Malloy’s Law and the Invisible Hand is a really fun chapter to read. … Continue reading →

Alternative title: Review of Chapters 6-8 of Law and the Invisible Hand Chapters 6, 7, and 8, the three most important chapters of Law and the Invisible Hand, should be read as a whole. Briefly, although these chapters, especially Ch. … Continue reading →

Originally posted on prior probability:
SCOTUS overruled another venerable precedent this week. (Will Roe v. Wade be the next to go?) The case is South Dakota v. Wayfair, Inc., a decision we hope is quickly overruled by Congress. Due to…

Alternative title: Review of Chapter 5 of Law and the Invisible Hand Chapter 5 of Law and the Invisible Hand is the most speculative chapter in Robin Paul Malloy’s new book–and also the most original and creative one. In summary, … Continue reading →

Robin Paul Malloy identifies and describes “three pillars of civil society” (p. 5) in Chapter 4 of Law and the Invisible Hand, three key concepts that appear in various parts of the work of Adam Smith: utility, authority, and justice. … Continue reading →