#4 (arguments)

Question 1

why is common law better

Answer 1

• no one has to make a rule that accounts for all situations
• more flexible- rule can be modified
• less potential for rent seeking, lobbying, abuse of power
• rules that evolve are closely tied to the types of problems that actually arise between people

Question 2

why security agencies don’t battle

Answer 2

• violence is extremely costly
• most people oppose murder
• arbitration is more efficient

Question 3

why organized crime would be a smaller problem

Answer 3

-criminal groups only make money by selling illegal goods and services
- if these goods and services are no longer illegal, which they would not be under anarchism, then there would be no market for organized crime

Question 4

why security agencies don’t abuse customers

Answer 4

• customers will go to another agency

Question 5

why obey arbitrators decision

Answer 5

• violating arbitration agreement ruins reputation
• violating decision defeats point of going to agency and returns one to a state of conflict
• the agency will not defend you and the other persons agency is likely to enforce the arbitration decision against you