Uploaded April 2025 | Updated September 2026, 1 week ago
"Self-enforcing exchange is all around us. Even when the formal rules sometimes say that certain laws can be enforced, in practice they can't be," explains Benjamin Powell, director of the Free Market Institute at Texas Tech University and a professor of economics at the Rawls College of Business.
"Self-enforcing exchange is all around us. Even when the formal rules sometimes say that certain laws can be enforced, in practice they can't be," explains Benjamin Powell, director of the Free Market Institute at Texas Tech University and a professor of economics at the Rawls College of Business.










