[ExI] Private and government R&D

[Rafal Smigrodzki]

On Fri, Jul 24, 2009 at 8:50 AM, Stathis Papaioannou<stathisp at gmail.com> wrote:
>>
>> ### I am convinced that you are missing the point, Stathis. What
>> matters is not whether a small entity may in principle decide to
>> engage in bad behavior, but rather the relative frequency and
>> destructiveness of bad behavior in general under various legal
>> regimes. I keep insisting that a regime based on monopoly and violence
>> will always generate more bad behavior than a polycentric regime based
>> on a principled refusal to initiate violence.
>
> But the grander principle in a pure free enterprise system is that
> those entities which do whatever it takes to prosper will... prosper,
> at the expense of the less efficient.

### I am not sure what you mean by "pure free enterprise system". I
have a feeling that whatever you mean by it, it is not what I am have
been extolling in our discussions here.

Rafal