On Mon, Oct 05, 1998 at 07:12:55AM -0500, Jim Choate wrote:
From: Steve Mynott <stevem@tightrope.demon.co.uk>
On Sun, Oct 04, 1998 at 11:53:28PM -0500, Jim Choate wrote:
Now in a free-market, by definition, there is no law. What then is the
no in a free market there is no state
there are laws based on natural rights
Ok, who writes the laws? Who enforces the laws? Who decides what is natural?
whoever in a market by the division of labour finds it profitable will write and enforce the laws see David Friedman's http://www.best.com/~ddfr/Libertarian/Machinery_of_Freedom/MofF_Chapter_29.h... for an explanation of how private courts and police could work "Natural Law theory rests on the insight... that each entity has distinct and specific properties, a distinct "nature", which can be investigated by man's reason" -- Murray N. Rothbard
Remember, we have *NO* participants in a free market other than the producer and the consumer. Two, and *only* two, parties are involved.
thats how economic thinking starts, or rather should start, and then the economy is an array of these individual transactions.. police and courts provide a "middle man" function, so you would need three participants -- pgp 1024/D9C69DF9 1997/10/14 steve mynott <steve@tightrope.demon.co.uk> the first duty of a revolutionary is to get away with it. -- abbie hoffman