Really thought provoking Sunday afternoon reading: Think about how a truly free market would provide personal defense and property insurance. Without a State, competition would arise due to a lack of territorial monopoly on jurisdiction. "It seems likely, also, that supplies of police and judicial service would be provided by insurance companies, because it would be to their direct advantage to reduce the amount of crime as much as possible." - Murray Rothbard (Power and Market) Free PDF of the book here: mises.org/document/196/Power-and-Market-Government-and-the-Economy
Posted on: Sun, 16 Jun 2013 18:26:45 +0000