THE ONLY REASON TO STUDY ECONOMICS IS TO JUSTIFY RULE OF LAW.
(ok, yes, I”m taunting you with that statement)
Humans are capable of four weapons of influence, and human institutions can be discussed using the frame of reference of any one of them – or all of them. I try to objectively address all of them in my work:
1) Morality/Gossip/Ostracization/Cult/Religion : Priests and public intellectuals.
2) Rules/force/punishment/law/Government : Warriors police, judges and politicians.
3) Volition/exchange/reward/trade/Economics : traders, distributors financiers, bankers
4) Production/education/utility/Knowledge : craftsmen, engineers, scientists
Each group specializing in each frame of reference has evolved a language (a set of languages) and a discipline (a set of methods), and institutions (means of propagating, applying, organizing) for the application of their means of influence.
I use the term ‘legal philosophy’ in the sense that the weapon of influence (force) using the institution of law, is different from the weapon of influence (morality) using gossip (public speech), in the institution of religion.
Rothbard constructed a religious (cult) narrative, and hayek a legal narrative. My criticisms of mises is that he simply failed, because he conflated science, logic, and craft, thereby creating praxeology as a pseudoscience (by claiming logic constitutes a science). Just why the cosmopolitans (freud, marx, mises, rothbard, cantor, adorno, etc) created so many pseudosciences is something I have written quite a bit about, but can be boiled down to ‘verbalism’ and platonic truth, from the cultural emphasis on scripture and religion, rather than the western tradition of operationalism and testimonial truth, and the cultural emphasis on craft and martial order. (But again this is a very deep topic.)
So It is not that I fail to grasp that economics must be stated in a particular language. Or that I fail to grasp the missing formal logic of cooperation that mises intuited must exist, but failed to develop. Or that it is possible to articulate economics objectively as a scientific discipline.
***It is that since the means of OBTAINING a free society MUST (as far as we know) depend upon the rule of law (Hayek), then the philosophical framework for CONSTRUCTING rule of law must be articulate as a legal one. In fact, no understanding of economics will meaningfully effect rule of law under property rights, other than to justify it. Or more strongly: it is unnecessary to understand economics except as a means of justifying the law necessary to construct the voluntary organization of production.**** (That should be slightly mind-bending for most people.)
There are reasons why a small internal community like judaism or gypsies or any other cult can rely on the pressure of ostracism. But to possess land, and build fixed capital necessary for organized production, one requires the institution of law.
Source date (UTC): 2014-10-14 01:51:00 UTC
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