Sublime

transaction cost theory or new institutional economics.

Clausewitz himself proposed that war could best be compared with commerce, since both are social conflicts of human interests and activities.

who has access to and control over the legal code and its masters:

Pour Erhard, il est de loin préférable d’avoir « un système d’ordre qui exerce ce que l’on pourrait appeler une coercition anonyme sur le comportement des États-nations15 ». Comme dans le modèle de fédération néolibérale proposé par Hayek et Robbins, la sphère d’intervention du gouvernement, du point de vue d’Erhard, doit se circonscrire d’elle-mêm

The law is a powerful tool for social ordering and, if used wisely, has the potential to serve a broad range of social objectives; yet, for reasons and with implications that I attempt to explain, the law has been placed firmly in the service of capital.

use your relative advantages to impose out-of-proportion costs on the opposition and complicate his problem of competing with you.

need for senior talent would remain high, the group could accommodate a broader array of talents since it would have the ability to empower an individual by supplementing his or her…

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