Abstract
In this article it is the writer's intention to delineate the historical connection and close affinity between common law and the competitive economic system emerging in Eighteenth and Nineteenth Century En? gland with respect to two major aspects of individualism: (1) that both common law and competitive economics emphasize rules over authority; that is, they trust established procedures to human direction; and (2) that both common law and competitive economics promote individual freedom through the rule of law and the concept of equality of oppor? tunity. In other words, both are opposed to all rights which are not based on rules equally applicable to all persons.
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