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by jhales 5352 days ago
There is actually already a lot of free market arbtration. It is just in the civil sector. Business tend to like them for their speed. David Freedman's "Machinery of Freedom" is a nice introduction to anarcho-capitalism which free market courts are a part of.
1 comments

Actually, businesses tend to like them because the outcomes tend to favor businesses.
I hear this complaint a lot, but mostly from outraged consumers, who are surely biased. Do you know if there's any evidence that's true?