Edward Stringham

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PayPal’s Private Governance

MARCH 04, 2013 by EDWARD STRINGHAM

Markets have been generating rules and enforcement mechanisms for centuries, with or without the State. PayPal's fraud enforcement is a case in point.

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Related Publications

Archive

Online class: Foundations of Entrepreneurship

MAY 15, 2013 by EDWARD STRINGHAM, FREDERIC SAUTET

CURRENT ISSUE

May 2013

From natural systems to human systems, we start to notice patterns in nature that are products of good flow. Adrian Bejan discusses this crucial insight--and how it makes freedom even more needful--in this month's interview. Zachary Caceres looks at what emergence can tell us about the universe, the market, the heart, and the sacred; Mike Reid recounts the tragedies produced when the State tries to impose its order on people who have already developed their own; Gary Galles channels Leonard Read: the State is a clenched fist, he says, so it cannot create; Brad Taylor says democracy might just be another imposed order in some situations; Karl Borden wonders whether an individual's right to be left alone can be part of the order of things; and much, much more.Download Free PDF

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