A valid contract requires voluntary offer, acceptance, and consideration.
About This Quote
About Robert Higgs
Robert Higgs was a contemporary American economic historian. Robert Higgs is an American economic historian and economist. He is known for research on the growth of the United States government, especially the ratchet effect, the idea that state power expands during wars and other crises and only partly recedes afterward, which he developed in Crisis and Leviathan (1987). Read more on Wikipedia →
Themes
- Freedom — The value of liberty, independence, and self-determination