Rules in society don’t always come from government: they’re all around us. For example, think about how rules governing families, colleges, companies, homeowners associations, and sports organizations work. In this week’s episode, Edward Peter Stringham makes the case for “private governance” and says that rules that don’t come from government tend to work better and be more fair than rules imposed by governments.

Show Notes and Further Reading

Stringham’s new book, Private Governance: Creating Order in Economic and Social Life (2015).

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