Economics Dictionary of ArgumentsHome
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| Rule of Law: The rule of law is a legal principle that no one is above the law and that everyone is treated equally under the law. Key principles are supremacy of the law, equality before the law, due process of law, independent judiciary. See also Society, Law, Rights, Justice, Legislation, Democracy, State._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Friedrich A. von Hayek on Rule of Law - Dictionary of Arguments
Boudreaux II 39 Rule of law/Hayek/Boudreaux: The rule of law is a system of rules that are impartial and applied equally to everyone - even to government offcials. If everyone is bound by the same rules, no one gets to bend those rules to his or her own advantage. A rule is impartial if it is not formulated to achieve particular outcomes. >Impartiality. An impartial rule only constrains people from acting in ways that are widely regarded as harmful. These are mostly "thou shalt not" rules rather than "you are hereby commanded" rules. >Rules, >Laws, >Law, >Commands. Boudreaux II 42 Example: (…) if drivers lose confidence that the rule of law will prevail on the road, then driving becomes a less useful mode of transportation. Equality: This equality is equality before the law. It does not guarantee equality of outcomes. But it does mean that no person's or group's interests are given extra weight or are singled out to be discounted. The result is that no person's or group's interests are sacrificed so that other persons or groups might enjoy special privileges. Society: In this way a society is truly one of law and not of men. >Society/Hayek, >Equality/Boudreaux._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Hayek I Friedrich A. Hayek The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. A. Hayek, Volume 2) Chicago 2007 Boudreaux I Donald J. Boudreaux Randall G. Holcombe The Essential James Buchanan Vancouver: The Fraser Institute 2021 Boudreaux II Donald J. Boudreaux The Essential Hayek Vancouver: Fraser Institute 2014 |
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