Private Governance Book Panel

Are all of the rules and regulations governing economic activity a product of central planning or legislation? To what extent does privately produced and enforced governance play a role? On this throwback episode of the Hayek Program Podcast, Edward Stringham argues in a panel discussion of his book Private Governance that much of what is orderly in the economy can actually be attributed to governing mechanisms devised and enforced by private groups and individuals. Hayek Program director Peter Boettke moderates the discussion as Edward Stringham is joined on the panel by Jason Brennan and Bruce Benson.