Comment: No. Our economy,

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No. Our economy,

wealth creation would grow massively. Take away the minimum wage, take away welfare which is simply paying people to not work and get rid of the licensing/credentialling gatekeeping system that prevents people from participating in the economy (or makes it very expensive and hard but does not guarantee quality) and our evil "justice system" stand back. We would GROW industry because our wealth would be ours to invest in what we wanted, not wars and mutual funds/stocks that we have little control over and insiders make money on first. If a farmer has his wealth tied up in his farm, his retirement is taxed away to pay for the retirements of teachers and the like. How is that fair? Property ownership is key. Mises.org has some great articles on practical applications of statelessness, how things could work.