The legal realist Robert Lee Hale offered a definition of freedom as a zero-sum game: each volitional freedom implies some degree of coercion over other people's freedom, and at the same time one's freedom is subject to some degree of control and coercion by others. The objective of our work is to develop this idea along with the theory of positional goods. This allows us to illustrate the externalities deriving from the 'consumption' of freedom and detail the role of the lawmaker in accordance with the Halean contribution.
Positional Goods and Robert Lee Hale’s Legal Economics / M. Vatiero. - In: JOURNAL OF INSTITUTIONAL ECONOMICS. - ISSN 1744-1374. - 9:3(2013), pp. 351-362. [10.1017/S1744137413000076]
Positional Goods and Robert Lee Hale’s Legal Economics
M. Vatiero
2013
Abstract
The legal realist Robert Lee Hale offered a definition of freedom as a zero-sum game: each volitional freedom implies some degree of coercion over other people's freedom, and at the same time one's freedom is subject to some degree of control and coercion by others. The objective of our work is to develop this idea along with the theory of positional goods. This allows us to illustrate the externalities deriving from the 'consumption' of freedom and detail the role of the lawmaker in accordance with the Halean contribution.
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