About this videoEdward Stringham discusses the role of private security and law enforcement in modern society. He argues that because markets are the most efficient providers of goods and services, they can also provide law enforcement. According to Stringham, different aspects of law enforcement, which many people assume must be provided by government, are already supplied by the private sector. He explains that private security forces are commonplace, usually bundled together with other goods consumers want, as in the case of shopping malls, private universities, and apartment buildings. |
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CreditsInterview with Edward Stringham by Luis Figueroa |