Too often, freedom’s advocates extol the price mechanism as the sole means by which diverse, decentralized groups in society can be organized. However, a case can be made that non-market private cooperation plays an even greater role than market exchange.

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Other Independent Review articles by Michael C. Munger
    Spring 2019   First Freedom
    Spring 2019   Gods and Robots
    Winter 2019   The Road to Crony Capitalism
[View All (35)]