is there a pithy law & economics term for “the law as various observers believe it to be” vs what it actually is in practice?
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Replying to @Meaningness @literalbanana
Not normally applied to law itself, but seems same distinction
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Replying to @Meaningness @literalbanana
Although, actually not “as observers believe it to be” maybe
4:20 PM - 17 Jun 2018
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