Capital Outsider Law Blog

The Relationship Between Law and Economics   

Law can be defined as the system of rules that regulate the actions of people where penalties are imposed for defying the rules. The rules are usually created by constitutionally instituted offices or entities, generally through the state’s authority.   

The History of Law   

The origin of law goes in hand with that of civilization. If civilization is the mother, the law is the daughter. If the law is the mother, civilization will become the daughter. The statement that law came with civilization is very accurate, and vice versa is equally valid. Humans first established societal hierarchy which was a set of civil codes defined by social equality. Law can be traced back to 30th century BC. Law has come a long way since then, however. 

Let us look at Dallas drug lawyers and the laws they uphold. In Dallas, a drug charge attracts a different verdict than it would somewhere else. For example, a drug charge may make a misdemeanor case. Some of the drug charges make a felony whose verdict is a life sentence. It is advisable to consult a Dallas drug lawyer the moment you face a drug charge.

It is equally important to be aware of the possible consequences of drug-related charges. The worst mistake that you can make if charged in Dallas with a drug offense is do nothing. A Dallas drug lawyer can come to your rescue if you inform him early enough before taking any plea. In fact, you are advised not to rush to plead guilty to drug charges. Even a misdemeanor case can have dire consequences if you do not understand Dallas drug law.   

The Relationship Between Law and Economics   

The study of law would be incomplete without factoring in the knowledge that law has borrowed from other related disciplines. Some of those disciplines which fall under social sciences include sociology, economics, and political theory. The study of law and economics, and how the two influence each other, is a matter of great interest. The two disciplines affect each other. In reality, economics lays grounds for the study of law.   

Significant developments as a result of economics lead to the birth of law. For example, the growth of monopolies resulted in distortion of price system through manipulating the supply of products. There was a definite need for a regulation (law) to be established to regulate the market. Therefore, the current trade and commercial laws we have come a long way. Other developments in economics such as the emergence of advertisement and propaganda have shaped the law.   

There was a strong desire to protect pollution of the environment. Economics has also justified the need to protect property which includes ownership and possession of the property. Therefore we can comfortably conclude that law is the daughter of economics.   

This article takes a look at Oklahoma drug law. In Oklahoma, different drugs attract different charges. For example, unlawful possession of methamphetamine can draw serious charges. The amount of this drug does not matter, regardless how small it is If the amount exceeds 20 grams, it will be treated as trafficking. To understand Oklahoma drug law, you need to hire an Oklahoma drug lawyer especially if you are facing drug-related charges. To get more insight into drug laws in Oklahoma, check this out: oklahomainterstatedruglawyer.com.

 

The Sociology and Philosophy of Law   

Philosophy of law is generally concerned with offering a general analysis of the philosophy of law. The philosophical aspect of law analyses legal systems, law and its nature. The philosophy also looks into the relationship between morality and law. On the other hand, sociology is concerned with studying law sociologically and law-related phenomena. Sociology sees the law as the totality of legal norms and the practices associated with the standards of society.   

Let us explore Iowa drug law. The drug laws in Iowa are stringent. There are non-bailable offenses in Iowa after conviction as one awaits the appeal. Iowa Supreme Court ruled that the minimum fines may be suspended for violation of drug laws under Iowa drug law. Some of the prohibited drugs include cocaine, marijuana, heroin, LSD, and PCP.

The penalties if convicted depend on whether you have committed a first offense, second or third offense. You may even be denied federal benefits temporarily, or for good. Just like in Oklahoma, Iowa drug laws are severe. You need to hire a lawyer immediately if you face drug-related charges.   

Conclusion   

Law is very important in the lives of people because they regulate our conduct. Law is closely intertwined with civilization. The birth of law was as a result of economics. Both law and economics influence each other. Different countries practice law differently. Drug laws attract different penalties in different countries. When you face a drug-related charge, it is advisable that you hire a criminal lawyer. The lawyer must be conversant with the relevant laws of that nation.   

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