Market Chosen Law

Journal of Libertarian Studies, Vol. 14, No. 1, pp. 53-77, Winter 1998-1999

25 Pages Posted: 19 Sep 2010

See all articles by Edward Peter Stringham

Edward Peter Stringham

Trinity College; American Institute for Economic Research

Date Written: 1999

Abstract

Discusses examples of private law enforcement in the world today. On a local level, universities, condominium associations, and shopping malls all provide rules and security to create a safe atmosphere. On a global level, trading and arbitration companies provide guidelines and dispute settlements for businesses not under any single governing authority. If on both a local and non-local level there are numerous cases where government is not utilized, then a government monopoly in this field is hardly the necessity that is claimed by its apologists. Private companies already provide both local and non-local protection for their customers, arguments to the contrary not withstanding.

Suggested Citation

Stringham, Edward Peter, Market Chosen Law (1999). Journal of Libertarian Studies, Vol. 14, No. 1, pp. 53-77, Winter 1998-1999. Available at SSRN: https://ssrn.com/abstract=1676257

Edward Peter Stringham (Contact Author)

Trinity College ( email )

Hartford, CT 06106
United States

American Institute for Economic Research ( email )

PO Box 1000
Great Barrington, MA 01230
United States

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