To: Right Wing Professor
So much for RussP's economically ignorant contention that markets require governments. A further example -- and perhaps the best -- is the Law Merchant (or or Lex Mercatoria for those who want a touch of class). It was a spontaneous, self-organized, and non-governmental mechanism for the conduct of markets.
92 posted on
01/06/2006 7:09:53 AM PST by
PatrickHenry
(Virtual Ignore for trolls, lunatics, dotards, scolds, & incurable ignoramuses.)
To: VadeRetro
93 posted on
01/06/2006 7:10:17 AM PST by
PatrickHenry
(Virtual Ignore for trolls, lunatics, dotards, scolds, & incurable ignoramuses.)
To: PatrickHenry
Law Merchant
Thanks, I'd never heard of that (and I'm in the midst of reading Tuchman's "Distant Mirror")
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