Taylor explain that there are countless other examples, but the reason that this phenomenon occurs is because of the state’s ability to initiate force and the incentives this creates for well-connected interests that cozy up to it. Special interests spend money lobbying for benefits that will reap them huge and nearly perpetual rewards, with rules and regulations backed up by the aggression of the state. But without this centralized multi-trillion-dollar-a-year auction, special interests would actually have to compete in the market. And it’s easy to see why they are afraid of such a thing. Not only is the market unpredictable, spontaneous, and filled with the ever-changing desires of customers, but without the force of government power propping them up, they may find themselves quickly irrelevant and