Common Law & Natural Rights

What this furthermore means is that the basic economic relation is not the transitory, ephemeral kind established through purchase and sale, but long-term

the economy runs on two levels simultaneously: the level of credit and debt, and the level of production and consumption. "[In

It is this understanding of the primacy of law over government which has been lost, and it has been lost in the transition from monarchy to government based on the will of the people. What the Stuart kings could not accomplish - the primacy of government by prerogative - representative government has.

such "fairness" that, as we have seen, triggered the credit crisis of the late 2000s. The common law is under attack, the means of attack is legislation,

The sovereign individual, then, is the source of the sovereign state; the sovereign state is the source of law, because the sovereign individual is.

society. Justice cannot be achieved until atonement is achieved: ancient societies perceived this, and made sacrifice - plant, animal, even human - an integral part of their public life. Modern man thinks he has escaped this necessity, relegating religion to the private sphere, secularizing the public square. This is pure self-deception.

term relations established through credit and debt, by which commitments are forged which shape life situations in an ongoing fashion. These commitments are freely engaged, rather than imposed. (124) They form the backbone of the free society and the civil condition, and <82>enable it to function. Without them, the return to autarchy and mono

Hence, the doctrine of precedent is the threefold doctrine of security, liberty, and equality - Security, in that it leads to the expectation that disputes will be decided in the future as they have been decided in the past; Liberty, in that subordinate individuals will not be subject to the capricious will of superiors; Equality, in that all indiv

If the common law establishes the lines of communication, it is money which functions as the circulating medium, the life-blood of the societal (as opposed to communal) (125) organism.