The latest episode of EconTalk is this conversation with my co-host here at Cafe Hayek, Don Boudreaux, on the distinction between law and legislation. We use the two terms interchangeably. We talk about Congress passing a law. We say that there oughta be a law about this or that. But Don, taking his cue from the first volume of Hayek’s Law, Legislation and Liberty, argues that we should keep those two terms for two different concepts. It’s one of the deepest things I’ve learned from Don and I think he would tell you it’s one of the deepest things he’s learned from Hayek. Listen to it here. And if you find the conversation as interesting as I did, let me know and we’ll do another one down the road going into the ideas in more depth.
To vote for EconTalk as the Best Podcast of 2006, go here. (And I’ve corrected the links in the earlier post.)
