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Libertarian theories of law



         


Libertarian theories of law build on libertarianism or classical liberalism. The defining characteristic of libertarian legal theory is its insistence that the primary or only legitimate function of law is the preservation of liberty. Historically, the Austrian economist Friedrich Hayek is one of the most important libertarian legal theorists. Among contemporary legal theorists, an important and influential libertarian is Randy Barnett, who set out a comprehensive libertarian theory of law in his book The Structure of Liberty. Richard Epstein is also a prominent libertarian legal theorist.

Libertarian legal theory addresses a variety of substantive topics, including the following:

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