Edward Stringham discusses the role of private security and law enforcement in modern society. He argues that because markets are the most efficient providers of goods and services, they can also provide law enforcement. According to Stringham, different aspects of law enforcement, which many people assume must be provided by government, are already supplied by the private sector. He explains that private security forces are commonplace, usually bundled together with other goods consumers want, as in the case of shopping malls, private universities, and apartment buildings.
Edward Stringham
Edward Stringham is editor of the Journal of Private Enterprise. He is the Shelby Cullom Davis Associate Professor of American Business and Economic Enterprise at Trinity College in Hartford, Connecticut and former president of the Association of Private Enterprise Education (APEE). Stringham has edited two books, Anarchy and the Law: The Political Economy of Choice and Anarchy, State and Public Choice. He earned his PhD in economics from George Mason University and his BA in economics from the College of the Holy Cross.
Interview with Edward Stringham by Luis Figueroa Edward Stringham
Thirty-Fourth Annual Conference, APEE Guatemala City April 6, 2009
A New Media - UFM production. Guatemala, April 2009 Camera: Jorge Samayoa, Manuel Alvarez; digital editing: Rebeca Zuñiga; index and synopsis: Sergio Bustamante; content revisers: Daphne Ortiz, Jennifer Keller; publication: Mario Pivaral/Carlos Petz
This work is licensed under a Creative Commons 3.0 License Este trabajo ha sido registrado con una licencia Creative Commons 3.0
Content
Initial credits
Introduction
Is law enforcement best provided by the market?
Who protects people if they don't pay for private police?
What about security in cities?
What about competition between police forces?
If police forces are private, what prevents criminals from hiring their own law enforcement?
Is mall security the same as law enforcement?
What books have you published?
Final words
Final credits
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Universidad Francisco Marroquín
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