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To: Ilaine who wrote (5957)	7/17/2001 6:54:45 PM
From: Don Lloyd	Respond to of 74559

CB - From whence derives governments that respect property rights and free market economies? They don't just happen, people make them happen, against great odds. The people who founded this country knew how to read, write, and do arithmetic before they had a government that respected their property rights, or a free market economy.... Yes, but this is not a case of mass education. The reality of a free market mutual exchange economy is that its low level operation only requires people to act in their own interest. They don't even have to necessarily know that capitalism exists. Education provides an advantage to not only the individuals who pursue it, but also to every other participant in the economy as more and more subtle and ingenious exchanges are enabled. The real requirement on government is not to oversee some complicated scheme, but rather to exercise restraint in its tendency to enslave its subjects. Government is granted a partial monopoly on the use of force, but this is primarily a matter of economic efficiency and allows the citizenry to reduce its day to day efforts in self defense against miscreants, but requires an ever present alertness against the encroachments of government itself. ...Read Hernando de Soto's The Mystery of Capital - what you learn in there about the development of property law in the US may surprise you. It did me, and I took 5 classes on different aspects of property law in law school.... I've seen the reviews and it seems to be an important work. Regards, Don