[notahacker]

TLDR: despite Friedman's best attempts to spin otherwise, not very well, unless you have a particular fondness for punishments being either extremely draconian or purely financial and think justice is improved if the likelihood of punishment is more closely related to the wealth and connections of the accuser.

[jessaustin]

...justice is improved if the likelihood of punishment is more closely related to the wealth and connections of the accuser.

Eh, modern justice systems have their fair share of that.

[notahacker]

I haven't argued otherwise. But modern accusers aren't expected to pay for the costs of the prosecution and the witnesses, or enforce fine collection via escalating blood feud, and relatively few people would argue reverting to such a system would improve the chances of the likelihood and level of punishment being closely associated with actual guilt.