 Governments play a critical role in the wealth-creating process by enforcing property rights and contracts—legal mechanisms that facilitate voluntary transactions. ... 'The only proper functions of a government are: the police, to protect you from criminals; the army, to protect you from foreign invaders; and the courts, to protect your property and contracts from breach or fraud by others, to settle disputes by rational rules, according to objective law.' Ayn Rand.
Luke Froeb
Managerial Economics: A Problem-Solving Approach (MBA Series) Second Edition
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