"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
PRIVATE GOVERNMENT IN LATE-MEDIEVAL GENOA

Late medieval / early modern Genoa is an example of government services "owned" and budgeted by private investors. Historian Matteo Salonia, a lecturer at King's College (London), broke new libertarian ground with his recent book, Genoa’s Freedom: Entrepreneurship, Republicanism, and the Spanish Atlanticby Matteo Salonia (Lexington Books, 2017); 214 pages. I was delighted to write a book review for Future of Freedom Foundation.
I encourage you to explore some of his remarkable findings in the following sources:
Future of Freedom Foundation book review by Lawrence M. Ludlow
https://www.fff.org/explore-freedom/article/private-government-in-genoa/
Tom Woods Show interview
https://tomwoods.com/ep-955-genoa-a-forgotten-history-of-liberty-growth-...
Matteo Salonia's book:
https://www.amazon.com/Genoas-Freedom-Entrepreneurship-Republicanism-Ent...
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I recently ordered Edward Peter Stringham's book, Private Governance. I'm hoping it'll be pretty good; Carl Watner of The Voluntaryist calls it the perfect companion volume to his essay anthology, I Must Speak Out.