In this episode of the Lions of Liberty Podcast, host Marc Clair is joined by Trinity College professor and author Ed Stringham to discuss his work "Private Governance: Creating Order in Economic and Social Life". But first, Ed explains how he first became interested in liberty and economic, and how a summer reading list from a past Lions of Liberty Podcast guest lead him on his intellectual journey. Marc and Ed go on to discuss the concept of private governance, the difference between the "government" and "club" models of social organization, and just how Ed sees so-called "private governance" as being able to better cater to the needs of a society more so than the currently accepted legal centralist models. Marc presses Ed on the concerns many might have about a system of purely "private" governance, including how private governance could address issues of justice and individual rights violations.
March 9, 2016