
157. Law & Order in a Free Market w/ Edward Stringham
The Bitcoin Standard Podcast
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Are You a Part of an Extended Order?
In a world in which people begin to see how free markets can provide these things more satisfactorily, it won't sound so absurd. I'll give you another example, which is from 1,000 years ago in England. The legal system was before the Norman invasion, largely decentralized and largely private. And it was basically based on restitution over retribution.
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