I guess first, I am wondering if anyone could recommend books on how laws would be formed in a free/libertarian society, like what Rothbard proposes.
It seems like arbitrators would act like special interests and you'd be purchasing the law that applies to you.
I just read New Liberty and The section on courts and laws got me asking a few questions. basically, what' to prevent arbitrators from catering to immoral people if it is purely governed by supply and demand? Wouldn't it create a system that criminals will seek out arbitrators that have a track record of finding people innocent of crimes? Since it's supply/demand driven, these shady arbitrators would be expensive, because i am sure people would boycott their use. So it would be expensive, and then only rich criminals would get the benefit.
The Ethics of Liberty by Rothbard
I found a reading list here.
http://mises.org/Community/forums/t/1184.aspx
Seen some that had law in the title. I that is a good place to start. I enjoyed New Liberty, if all his other books flow like that, I think I will enjoy it.
Thanks!
Wibee:So it would be expensive, and then only rich criminals would get the benefit.
Assume that happened. What would that do the demand for knocking off rich people? If you reach the conclusion that moneyed interests can do more with a decentralized court system than they can with a centralized one, you know you've gone wrong somewhere.
For the answers in general, see David Friedman's book.
Why anarchy fails