Certainty, Common Law, and Statutory Law: Todd Zywicki of Scalia Law
The Answer Is Transaction Costs
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Legal Certainty and Common Law Insights
This chapter analyzes the impact of educational backgrounds on perspectives regarding law and economics, focusing on Dartmouth College and IHS. It emphasizes the significance of legal certainty and intuitive understanding within common law, contrasting it with the complexities and unpredictability of statutory law. The discussion also addresses the optimal role of judges and courts in facilitating self-governance and maintaining clarity in legal frameworks.
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