Private And Public essay topics
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Private Costs To The Criminal
10,673 words4. Private Enforcement of Law 4.1 Ostracism and boycott Unlike governments, private bodies do not normally have jails, police, and soldiers to enforce their rulings. This is why many people assume that only governments can enforce private agreements, and, indeed, private arbitration. However, the whole thrust of the economic analysis of crime is that a criminal sanction is much like a price; what precludes private bodies from exacting the same price that the government does While the usual crimi...
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Economic Theory Of Market Enforcement
5,887 words4.8 Purely private enforcement: a model Richard Posner writes, "I hope to challenge the assumption, largely unquestioned since Hobbes, that a state (if only a minimal, 'nightwatchman's tate) is necessary to maintain the internal and external security of society. I am not advocating anarchy. My argument is that a state is not a precondition of social order in the circumstances depicted in the Homeric epics - and even there, it is just barely not. In our circumstances, we could not do without a st...
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Ownership Of Public Property In The South
1,041 words1. Essentially, two positions have been put forward regarding the correct libertarian attitude toward public property. a. There is the view put forward by Salerno, Hoppe, and others thats long as public property exists, the de facto controller of the property (I can't tell who this is - the state, the majority, the most local unit of government have all been suggested) can and may prescribe rules for the use of that property just as if the de facto owner were the legitimate owner. b. The view I ...
