by R.J. Moeller, Americans for Prosperity
Here's the 5th installment of "Free Market Essentials"
Rule of Law- Without law and order, economics, like most everything else in a society, is chaos. If I cannot trust that the local government will do what it can to protect me from burglars, my habits will change (or my address will). If I cannot trust the state government to enforce the legislation that the legislature has voted into law, I have no way to gauge the impact something like zoning laws will have on my business. If the federal government cannot be trusted to protect me from foreign invaders, I will spend less time working and more time at a target practice range.