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'Rationalism, Pluralism, and Freedom' Book Panel

Hayek Program Podcast

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The Advantages of Delaware Law for Contracting Parties

The ability of contracting parties to choose Delaware law, I found easy to wrap my head around once I'd been introduced to it. It's also the case that norms that people live under in their various social orderings that arise outside the state itself have many sources other than economic reasoning. A great deal of what gets called legal pluralism in a literature that is almost entirely disconnected from the literature that calls the same phenomenon polycentric law.

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