In conventional political philosophy, law is understood as consciously created rules that are a necessary mechanism for curtailing the excesses of the free market. John Hasnas challenges this view, offering a new theory that presents common law as an effective alternative to traditional politically created legislation. Common Law Liberalism demonstrates that the common law can provide all rules necessary to sustain a peaceful, prosperous, liberal society--without intervention by politically created legislation and the exploitation and oppression it so often engenders.