state of nature: life, liberty, & property
social contract to make government
governments job is only to protect the rights
parliament has to be legit
right to revolt
How do we obtain justice?
welfare
freedom
virtue
The hurricane example in Florida
Medium of exchange: Trade w/lots of different people to expand the market
Store of value: holds value for indefinite amount of time
common measure of value: how much you value these goods in the context of money
Political entrepeuners
selective incentives
shared beliefs/ideologies
collective/public: all about the community
Liberties: people can do things based on their status
soul: freedom to serve God
Freedom from tyranny: wanted legitamacy