PayPal's Private Governanceby EDWARD STRINGHAM
Mar. 06, 2013
Sweden: Police Suspect Grenade Used in Recent Attack
Previously Deported Illegal Goes On Murderous Rampage Days After CT Gov Refused To Work With ICE
NRA's Wayne LaPierre Issues Call To Arms At CPAC, Warns Soros-Funded Leftists May Commit Terrorism
Report: Kushner, Ivanka Stripped Anti-Climate Change Executive Order, Plot To Push Global Warming
Sweden's Migrant Crime Wave Becomes Top National Story As Media's Lies Backfire
Markets have a long history of generating rules and enforcement mechanisms from within (endogenously) rather than requiring market participants to wait for the State. Instead of attributing the success of markets to government bureaucrats and elected officials, we should instead thank PayPal founders like Peter Thiel, Max Levchin, and other providers of private governance who help make markets work.