A market economy will not emerge from a redistributive economy automatically once the state abolishes a redistributive system. Because of the cognitive incompleteness of market actors in post-redistributive societies, and also because of the conflicts between the state and local interests and...

Modern societies have failed to find affordable ways to fund needed infrastructure. Problems have multiplied from ignoring the particular characteristics of infrastructure and assuming the adequacy of the conventional finance of recent times, be this publicly or privately sourced. These...