Edward Peter Stringham is the L.V. Hackley endowed professor for the Study of Capitalism and Free Enterprise at Fayetteville State University, North Carolina. He is a member of the FEE Faculty Network.
One need not assume that unionized, militarized, monopolistic policemen are the only option for keeping Americans safe.
Markets have been generating rules and enforcement mechanisms for centuries, with or without the State. PayPal's fraud enforcement is a case in point.
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April 16, 2040, 11:00 AM