The Rules of Capitalism, Part 3

Liberty and The Man Who Shot Liberty Valance.

This is the third essay in a series on the relationship between rules, freedom, and prosperity.
Read part 1 on Skepticblog.org and part 2 over at True/Slant.

I believe that the following commentary on the necessity of law and order has some bearing on what is unfolding in Arizona—when the rules are not clearly written or consistently enforced, people will take the law into their own hands because society cannot run smoothly without law and...