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Legal rules are to be judged by the structure of incentives they establish and the consequences of people altering their behavior in response to thos… - David D. Friedman
" "Legal rules are to be judged by the structure of incentives they establish and the consequences of people altering their behavior in response to those incentives (p.11)
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About David D. Friedman
David Director Friedman (born February 2, 1945) is a law professor and writer, who became a leading figure in the anarcho-capitalist community.
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David Friedman
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David Director Friedman
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Additional quotes by David D. Friedman
An ideal objectivist society with a limited government is superior to an anarcho-capitalist society in precisely the same way that an ideal socialist society is superior to a capitalist society. Socialism does better with perfect people than anarcho-capitalism with imperfect. And it is better to wear a bikini with the sun shining than a raincoat when it is raining. That is no argument against carrying an umbrella. (p.134)
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