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>In the North in port cities, merchant owners would hire security at their ports, and decided that it would be cheaper to instead make it a government service that everyone pays for instead of just the merchants[1]

You realize that cost of theft would otherwise be passed on to consumers? It's not exactly a free lunch to get merchants to pay for their own security. Also, I'm sure you can invoke the "it would be cheaper to instead make it a government service that everyone pays for" excuse for any other government service. eg. roads, military, education, etc. Should we look at those services with the same type of cynicism?




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