Peter T. Leeson and Christopher J. Coyne
While the state and its governance are not sufficient to promote peaceful interactions within the nation's borders, this article suggests that the state and its governance are not necessary either. The article explores the emergence of norms as institutions that promote cooperation and limit conflict in settings where the state cannot or does not. It is precisely in such settings that the potential benefits from developing such norms are the greatest and thus are more likely to emerge. How peace, less costly conflicts, and better governance come about are topics that people know less about than other areas and are also more important for economics as well as billions of human beings.