Law's Order
What Economics Has to Do with Law and Why It Matters
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Narrated by:
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David D. Friedman
About this listen
What does economics have to do with law? Suppose legislators propose that armed robbers receive life imprisonment. Editorial pages applaud them for getting tough on crime. Constitutional lawyers raise the issue of cruel and unusual punishment. Legal philosophers ponder questions of justness. An economist, on the other hand, observes that making the punishment for armed robbery the same as that for murder encourages muggers to kill their victims.
This is the cut-to-the-chase quality that makes economics not only applicable to the interpretation of law, but beneficial to its crafting. Drawing on numerous commonsense examples, in addition to his extensive knowledge of Chicago-school economics, David D. Friedman offers a spirited defense of the economic view of law. He clarifies the relationship between law and economics in clear prose that is friendly to students, lawyers, and lay listeners without sacrificing the intellectual heft of the ideas presented.
Friedman is the ideal spokesman for an approach to law that is controversial not because it overturns the conclusions of traditional legal scholars - it can be used to advocate a surprising variety of political positions, including both sides of such contentious issues as capital punishment - but rather because it alters the very nature of their arguments. For example, rather than viewing landlord-tenant law as a matter of favoring landlords over tenants or tenants over landlords, an economic analysis makes clear that a bad law injures both groups in the long run. And unlike traditional legal doctrines, economics offers a unified approach, one that applies the same fundamental ideas to understand and evaluate legal rules in contract, property, crime, tort, and every other category of law, whether in modern day America or other times and places - and systems of non-legal rules, such as social norms, as well.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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A Great Overview of the Challenges of Modern Econ
- By Zach Sullivan on 08-06-18
By: Jean Tirole, and others
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Libertarianism
- What Everyone Needs to Know
- By: Jason Brennan
- Narrated by: Nicholas Ramsey
- Length: 6 hrs and 37 mins
- Unabridged
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Historically, Americans have seen libertarians as far outside the mainstream, but with the rise of the Tea Party movement, libertarian principles have risen to the forefront of Republican politics. But libertarianism is more than the philosophy of individual freedom and unfettered markets that Republicans have embraced. Indeed, as Jason Brennan points out, libertarianism is a quite different - and far richer - system of thought than most of us suspect. In this timely new entry in Oxford's acclaimed series What Everyone Needs to Know, Brennan offers a nuanced portrait of libertarianism.
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very informative
- By S. Schmidt on 09-21-19
By: Jason Brennan
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Radical Markets
- Uprooting Capitalism and Democracy for a Just Society
- By: Eric A. Posner, E. Glen Weyl
- Narrated by: James Conlan
- Length: 9 hrs and 7 mins
- Unabridged
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
- By Brian W. Veit on 10-30-18
By: Eric A. Posner, and others
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Phishing for Phools
- The Economics of Manipulation and Deception
- By: George A. Akerlof, Robert J. Shiller
- Narrated by: Bronson Pinchot
- Length: 7 hrs and 11 mins
- Unabridged
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Ever since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand. In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception.
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Useful for a certain audience, but ...
- By Philo on 02-29-16
By: George A. Akerlof, and others
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Who Controls the Internet
- Illusions of a Borderless World
- By: Jack Goldsmith, Tim Wu
- Narrated by: Bob Loza
- Length: 6 hrs and 24 mins
- Unabridged
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Is the Internet erasing national borders? Who's really in control of what's happening on the Net--Internet engineers, rogue programmers, the United Nations, or powerful countries?In this provocative new book, Jack Goldsmith and Tim Wu tell the fascinating story of the Internet's challenge to governmental rule in the 1990s, and the ensuing battles with governments around the world.
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Mostly delves into questions of law
- By Amazon Customer on 05-07-11
By: Jack Goldsmith, and others
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A Capitalism for the People
- Recapturing the Lost Genius of American Prosperity
- By: Luigi Zingales
- Narrated by: Jonathan Davis
- Length: 11 hrs and 20 mins
- Unabridged
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Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.
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Enjoyable but a tad predictable.
- By Kevin on 12-24-12
By: Luigi Zingales
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Lies the Government Told You
- Myth, Power, and Deception in American History
- By: Andrew P. Napolitano
- Narrated by: Andrew Napolitano
- Length: 11 hrs and 53 mins
- Unabridged
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In Lies the Government Told You, Judge Andrew P. Napolitano reveals how America's freedom, as guaranteed by the US Constitution, has been forfeited by a government more protective of its own power than its obligations to preserve our individual liberties.
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A Must Read America 🇺🇸
- By Jamie Schaible on 05-30-23
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Free to Choose
- A Personal Statement
- By: Milton Friedman, Rose Friedman
- Narrated by: James Adams
- Length: 12 hrs and 15 mins
- Unabridged
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Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
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Fantastic
- By Erik on 01-21-08
By: Milton Friedman, and others
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Locked In
- The True Causes of Mass Incarceration - and How to Achieve Real Reform
- By: John F. Pfaff
- Narrated by: Graham Halstead
- Length: 9 hrs and 8 mins
- Unabridged
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Locked In is a revelatory investigation into the root causes of mass incarceration by one of the most exciting scholars in the country. Having spent 15 years studying the data on imprisonment, John Pfaff takes apart the reigning consensus created by Michelle Alexander and other reformers, revealing that the most widely accepted explanations - the failed War on Drugs, draconian sentencing laws, an increasing reliance on private prisons - tell us much less than we think.
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The true causes of Mass Incarceration
- By Ekaterinya Vladinakova on 04-17-20
By: John F. Pfaff
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Equal Is Unfair
- America's Misguided Fight Against Income Inequality
- By: Don Watkins, Yaron Brook
- Narrated by: Jeff Cummings
- Length: 9 hrs and 8 mins
- Unabridged
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We've all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.
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While I agree with most of this book,...
- By Wayne on 12-30-16
By: Don Watkins, and others
What listeners say about Law's Order
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Jean-Sebastien
- 07-27-24
interesting approach to law
the book sounds like it was recorded in a public bathroom with a squeaking door constantly sounding in the background but its audibility is fine; the topic is novel to someone who takes interest in economics but knows nothing about law. some of the exposition would be better looked at in writing but the book does mention some associated pdfs that are freely available
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- ruslan
- 11-18-20
Great ideas, poor listening quality
Friedman provides a thought-provoking economic analysis of the major legal topics taught in law schools (contracts, torts, anti-trust). I recommend this audiobook for any listener who wants to reassess our common law system through an elegant and at times provocative viewpoint. I just hope you are using good headphones.
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