12 ms·
Xeer is one example of the success of private, customary and polycentric law. The Lex Mercatoria as the other poster noted is one more example. See also Zomia:
by praxeologist 12y ago
Xeer is one example of the success of private, customary and polycentric law. The Lex Mercatoria as the other poster noted is one more example.
See also Zomia: http://opinionator.blogs.nytimes.com/2012/02/14/the-undiscovered-country/ http://opinionator.blogs.nytimes.com/2012/02/14/the-undiscov...
Medieval Iceland: http://mises.org/daily/1121 http://mises.org/daily/1121
and Ireland (page 3): https://mises.org/journals/lf/1971/1971_04.pdf https://mises.org/journals/lf/1971/1971_04.pdf
People are waxing about the superiority of "British common law" while its roots are a system of the Anglo-Saxons extremely similar to the Xeer.