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Mises called socialism impossible because it has no means of establishing a rational pricing system; Hayek added additional reasons of a sociological kind the worst rise on top. News, current events, information and analyisis to support state legislatures. Partisan case studies on important issues facing state governments. The English common law originated in the early Middle Ages in the Kings Court (Curia Regis), a single royal court set up for most of the country at Westminster. Also, because of the development of the corporate separate personality in corporation law, the shareholder ownership is seen as an out-date argument and becoming unpopular in Anglo-American systems. The court's President and Vice-President are elected by other judges for renewable 3-year terms by secret ballot. Licensing: This essay is licensed under a Creative Commons license that encourages reproduction with attribution. Edit should be given to both HistoryLink.
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