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Wouldn't some place like Somalia be considered a free market, or any place that has no functional government and, consequently, no regulations? How efficient is
by syedkarim 13y ago
Wouldn't some place like Somalia be considered a free market, or any place that has no functional government and, consequently, no regulations? How efficient is the market in those places?
Antarctica may also be officially government-less, but my guess is that it would be considered an artificial economy, due to the transient nature of the inhabitants and the mounds of government capital required to run the various camps.