"Competition among insurers, police, and arbitrators for paying clients
would bring about a tendency toward a continuous fall in the price of
protection (per insured value), thus rendering protection more
affordable. In contrast, a monopolistic protector who may tax the
protected can charge ever higher prices for his services."
Hoppe
http://mises.org/daily/2265/The-Idea-of-a-Private-Law-Society
if something is more abundant, its price will fall...
the notion of security is the reason people advocate statism.
so if it can be shown that elminating govt monopoly on protection and
lawmaking is less costly and more effective when privatized as opposed
to nationalized. one has demolished maybe the greatest argument for
statism.
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