Law’s Invisible Hand

Jim Manzi, in his book, Uncontrolled, writes about how the invisible hand orders more of our lives than just commerce. It exists in all systems with human interaction, including common law (p. 52):

The common law’s noble lie/leap of faith is that practitioners serve some concept of justice; its invisible hand is that a series of disputes in which both sides pursue self-interest under a regime of competent regulation produces, over time, outcomes that tend to support a society capable of creating public order and material abundance.

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One thought on “Law’s Invisible Hand

  1. Pingback: The Knowledge Problem in Jim Manzi’s words | Our Dinner Table

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