Privatizing the Adjudication of Disputes

@article{Caplan2008PrivatizingTA,
  title={Privatizing the Adjudication of Disputes},
  author={Bryan Caplan and Edward Peter Stringham},
  journal={Theoretical Inquiries in Law},
  year={2008},
  volume={9},
  pages={503 - 528}
}
Must the state handle the adjudication of disputes? Researchers of different perspectives, from heterodox scholars of law who advocate legal pluralism to libertarian economists who advocate the privatization of law, have increasingly questioned the idea that the state is, or should be, the only source of law. Both groups point out that government law has problems and that non-state alternatives exist. This Article discusses some problems with the public judicial system and several for-profit… 
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