157. Law & Order in a Free Market w/ Edward Stringham
The Bitcoin Standard Podcast
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Private Polcing
If we did have more of a free market insecurity and defense, this stuff would likely get baked into insurance as well. Insurance will have to take on a more proactive role in ensuring the safety of their customers because if your hurt, if your property is damaged, if your stuff is stolen, the insurance company has to pay. So I think we'll see this kind of vertical integration of the services of defense, security and insurance together just because it makes a lot of sense for them to all be paid by the same person.
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