Libertarian Reinvention Of The Wheel

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Libertarians often decry the problems of government and suggest their own solutions. But often the solutions they suggest are what we actually have already working in government, or failing in the private sector.

Polycentric Law

Polycentric Law: "a legal structure in which providers of legal systems compete or overlap in a given jurisdiction, as opposed to monopolistic statutory law according to which there is a sole provider of law for each jurisdiction."

       (a) We already have it, except that additional legal systems must defer
       to the top level legal system.  Local laws, Kosher regulations and other
       customary law, for example.  Arbitration.  Etc.
       (b) How about polycentric property?  Where ownership overlaps?


What libertarianism has become and will become — State Capacity Libertarianism [More...]
Tyler Cowen denounces older libertarianisms in favor of his State Capacity Libertarianism, a renaming of the big government servicing business that we've always had. In the age of Trump, he swings his libertarian propaganda efforts towards crony capitalism. He also gets in a few digs at liberaltarianism.


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