So Somalia is an example not only of the failure of anarchist protection
markets (rampant piracy), but it also exhibits negative externalities
(pollution dumping) and tragedy of the commons (over-fishing). Now we
just need to hear about the natural-monopoly problems (cf. streets,
pipes, wires) that surely obtain there, and Somalia will be the official
poster child for anarchist market failure.
Signal Intelligence About The LP
| ||||
---|---|---|---|---|
Friday, April 10, 2009
Subscribe to:
Post Comments (Atom)
2 comments:
See Ben Powell's paper on stateless Somolia:
http://www.independent.org/pdf/working_papers/64_somalia.pdf
Reason actually has a rather well-written article on the supposedness of this claim:
http://www.reason.com/news/show/132942.html
Post a Comment