The Instability of Anarchy

HT: Mises Institute

Economies require institutions. You can be ruled by Market Forces or The State* or some combination of the two. Your choice. Deal with it.

I described this to the Lovely and Gracious last night. Her tag for it was "Anarchy just isn't what it used to be."


* - In some time periods, the role of The State may be played by The Church, The Strongest Man, The Conspiracy, or Peer Pressure. See your theatre program for details.