Index Investing News
Sunday, April 19, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Political Mythology at the California Bar

by Index Investing News
January 30, 2023
in Economy
Reading Time: 3 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


It is not surprising that the state, with its vast and expanding surveillance and police power, requires a mythology, literally. In democratic states and even in “constitutional democracies” that are more democratic than constitutional, a pillar of this mythology is “the will of the people.” It was just invoked by the chief trial counsel of the State Bar of California, which is trying to revoke the license of John Eastman, a former lawyer of president Donald Trump (“California Bar Seeks to Revoke Trump Adviser John Eastman’s Law License,” Wall Street Journal, January 26, 2023):

Mr. Cardona said in a statement that Mr. Eastman violated his duties to the U.S. Constitution “in furtherance of an attempt to usurp the will of the American people and overturn election results for the highest office in the land—an egregious and unprecedented attack on our democracy—for which he must be held accountable.”

The non-existence of the “will of the people” can be apprehended in different ways (see my Regulation review of William Riker’s Liberalism Against Populism, as well as my Independent Review article “The Impossibility of Populism”). From Condorcet, a 19th-century mathematician and philosopher, to Nobel economist Kenneth Arrow in the 20th century, a long line of thinkers have discovered that the majority can reach logically incoherent decisions, even if each voter remains logically consistent. Each individual has his own preferences, circumstances, and will. Individual preferences and values cannot be “aggregated” into a sort of superindividual. More intuitively, it seems obvious that a victory with 51% of the popular vote, as Joe Biden achieved in 2020 (Donald Trump won with 46% in 2016), only means that, at best, the result represents the will of half the people.

Moreover, different democratic voting methods can achieve widely different results. Interpreting the work of Donald Saari (“Millions of Election Outcomes from a Single Profile,” Social Choice and Welfare, 1992), Gordon Tullock wrote (in Government Failure: A Primer in Public Choice, Cato Institute, 2002, p. 22):

Many different voting rules are used in the world and each leads to a somewhat different outcome. Saari has produced a rigorous mathematical proof that for a given set of voters with unchanged preferences, any outcome can be obtained with at least one voting method.

Classical liberals, especially in the Anglo-Saxon tradition, were correct to see the democratic state not as an expression of the “will of the people,” but simply as an institution  that could assume some important functions that private cooperation could not efficiently fulfill.

That both Mr. Trump and his political opponents can hide behind the “will of the people” only provides another confirmation of the mythological nature of the concept.

A sophisticated or contrarian reader might object that we can make sense of the “will of the people” if we take it as referring to a unanimous social contract à la Buchanan. While the result of an American election does not per se represent the “will of the people,” the argument would go, the constitutional rules under which the election is legitimately held could presumably be unanimously agreed to by all the people. But a presumption of unanimity and methodological individualism have precise requirements in the context of a classical-liberal social contract. I don’t think that neither James Buchanan nor Gordon Tullock (including in their seminal joint work The Calculus of Consent) ever whispered the mythological and loaded expression “the will of the people.” Even “the people” does not exist, except if it is taken to mean “the people as individuals,” which is what legal theorist Randy Barnett argues it means in the Declaration of Independence and the Constitution (Our Republican Constitution: Securing the Liberty and Sovereignty of the People [HarperCollins, 2016]).



Source link

Tags: barCaliforniaMythologyPolitical
ShareTweetShareShare
Previous Post

Netflix, Binance, the Wall Street Journal, and filing shows are all owed money by FTX

Next Post

Fernando Tatis Jr. opens up about lost season, ‘excited’ for return

Related Posts

Tech Troubleshooting in Space – Econlib

Tech Troubleshooting in Space – Econlib

by Index Investing News
April 17, 2026
0

When astronaut Christina Koch, the first woman to fly around the moon, reported an issue from space that could have...

Oil price surges ahead of Strait of Hormuz blockade

Oil price surges ahead of Strait of Hormuz blockade

by Index Investing News
April 13, 2026
0

Good morning and welcome to FirstFT. In today’s newsletter:Trump announces naval blockade of Strait of Hormuz Orbán’s crushing Hungarian election...

At The Money: Seeking Uncorrelated Returns

At The Money: Seeking Uncorrelated Returns

by Index Investing News
April 9, 2026
0

     At The Money: Seeking Uncorrelated Returns (April 8, 2026) Managed Futures generate returns that are not correlated...

Adam Smith and Reciprocal Tariffs

Adam Smith and Reciprocal Tariffs

by Index Investing News
April 5, 2026
0

This month marks the 250th anniversary of Adam Smith’s magnum opus, The Wealth of Nations. The Liberty Fund print edition...

Shutting Hormuz is a template for China in Taiwan

Shutting Hormuz is a template for China in Taiwan

by Index Investing News
April 1, 2026
0

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the...

Next Post
Fernando Tatis Jr. opens up about lost season, ‘excited’ for return

Fernando Tatis Jr. opens up about lost season, 'excited' for return

Dividend Aristocrats In Focus: Ecolab

Dividend Aristocrats In Focus: Ecolab

RECOMMENDED

My Dialog with Financial institution of America’s Savita Subramanian – Meb Faber Analysis

My Dialog with Financial institution of America’s Savita Subramanian – Meb Faber Analysis

January 31, 2025
AMC Networks Rolls Out Programmatic Advertising Technology On 3 Of Its Networks – Deadline

AMC Networks Rolls Out Programmatic Advertising Technology On 3 Of Its Networks – Deadline

October 26, 2023
Film Producer Nicole Avant’s L.A. Residence Is Stuffed With Nods to Black Historical past

Film Producer Nicole Avant’s L.A. Residence Is Stuffed With Nods to Black Historical past

February 28, 2025
Australian billionaire Rinehart buys 18% stake in SQM target Azure Minerals (NYSE:SQM)

Australian billionaire Rinehart buys 18% stake in SQM target Azure Minerals (NYSE:SQM)

October 27, 2023
High Credit Borrowers Get Punished and New Landlord Laws Put Tenants First

High Credit Borrowers Get Punished and New Landlord Laws Put Tenants First

May 1, 2023
How Natural Disasters Can Change A Politician

How Natural Disasters Can Change A Politician

October 1, 2022
Mississippi, Vietnam, and Human Decency

Mississippi, Vietnam, and Human Decency

November 23, 2024
Simply Listed | 19522 Broad Shore Stroll

Simply Listed | 19522 Broad Shore Stroll

May 2, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In