Chapter 3.2, Police, Courts, and Laws in a Free Market, was translated a long time ago by Elena Makeeva by order of the LPR. I have finally edited it; in time, the same fate awaits the other four chapters translated for the LPR.

This chapter examines a central piece of Friedman’s picture of society under anarcho-capitalism: the concept of private competing law enforcement agencies, which will take on the role of police and partially insurance companies. It also describes the interaction of such agencies with private arbitration courts.

Chapter 3.3, The Stability Problem, concerns the question of whether this beautiful system of private law enforcement agencies will be stable, or whether they will inevitably form a state. Naturally, Friedman argues that everything is stable—otherwise, there would be no point in building such a complex system—and then provides the justifications for this thesis.

I have also reworked the table of contents in accordance with Friedman’s internal chapter numbering, as he numbers them here, doesn’t number them there, and does something completely random elsewhere…