tag:blogger.com,1999:blog-26706564.post8503700227097049149..comments2024-03-25T07:51:47.758-04:00Comments on Thoughts On Economics: Corporate GovernanceRobert Vienneauhttp://www.blogger.com/profile/14748118392842775431noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-26706564.post-16277967461179994432011-11-04T01:12:16.007-04:002011-11-04T01:12:16.007-04:00I admit I may have been taking current institution...I admit I may have been taking current institutions too much for granted when I wrote that.Robert Vienneauhttps://www.blogger.com/profile/00872510108133281526noreply@blogger.comtag:blogger.com,1999:blog-26706564.post-25834729917530510992011-10-30T20:43:20.881-04:002011-10-30T20:43:20.881-04:00Many have noted that the state underlies the abili...<i>Many have noted that the state underlies the ability to trade goods on the market. What attributes of a bundle of property rights are alienable, what contracts can be enforced, default conditions, etc. are all defined by laws enforced by the state.</i><br /><br />Markets may require a legal order, and legal orders have historically (but not always) been states, but it actually needs to be argued that legal orders require states. <a href="http://praxeology.net/Anarconst2.pdf" rel="nofollow">Many</a> <a href="http://mises.org/journals/scholar/hasnas.pdf" rel="nofollow">have</a> <a href="http://www.amazon.com/Conscience-Anarchist-Gary-Chartier/dp/1935942026" rel="nofollow">noted</a> that they do not.Neverfoxhttps://www.blogger.com/profile/01066366321468459399noreply@blogger.com