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#37 – Gillian Hadfield on Regulatory Markets, Silly Rules, and why Humans Invented Law

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Is There a Theory of Classification?

Informal norms predate law, they predate formal rule making. They still continue to obviously occupy just a huge part of our normative infra structure. A common impression is that when we're talking about norms, is that these things kind of maybe emerge organically or at least like bottom up. But the informal norms are as critical to thatNorms intra structure as the formal stuff. I was wondering if you could give us a brief view of this question and what lessons have you learned from it?

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