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Introduces Archagorism, characterizing market systems governed by external authority and regulation, indicating its implications for voluntary exchanges.
Building on Eleuthagorism — the term for voluntary, self-regulated exchange free from third-party coercion (Kayser, 2026) — this paper introduces its counterpart: Archagorism. Derived from the Greek archḗ (rule, authority) and agorá (marketplace), Archagorism denotes market systems shaped by external rule, regulation, and coercive authority.
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Kai Hermann Kayser (2026) studied this question.
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