Tag: contracts
Geo-mutualism Represents a Middle Ground William Schnack’s Reply to Jason Byas on Economic Rent Jason Byas asks Fred Foldvary which territory is due the rent. “Do I owe rent to the territory roughly corresponding with Decatur, Georgia? Or is it something more like the size of DeKalb County? Or is it to something the size…
Compared to Supreme Court Justice Antonin Scalia, his colleague Clarence Thomas is well regarded by at least some devotees of liberty. This is not totally unjustified. Thomas has demonstrated a familiarity with the philosophy and history of natural law and natural rights, which he (at times) sees rooted in individual persons. For this reason, in…
One of the biggest challenges to the complete decoupling of the provision of law from the state, with a free market of security and adjudication, is the possibility that these entities would collude against their customers. Economically, it is noted that consumers would lose some money while the collusion in the supply of goods and…