As a consumer, I'm never scared to shop in legal but unregulated markets. Never mind the right to sue; reputation and guarantees provide all the peace of mind I need. Illegal, unregulated markets, however, are a different story. Sure, they still have an incentive to protect their reputation. But if an illegal firm's reputation gets too big, it draws unwanted attention from law enforcement. Legal enforcement is grossly overrated, but legality is still vital.The upshot: While I'm personally strongly in favor of human smuggling to evade unjust immigration laws, I'm ambivalent about human smugglers themselves. What's the ratio of honest outlaws to ruthless predators? This article gives lots of
Bryan Caplan considers the following as important: cost-benefit analysis
This could be interesting, too:
Bryan Caplan writes An Awkward College Question
David Henderson writes Has President Trump Been Very Consequential?
David Henderson writes Henderson on Trump
Scott Sumner writes Don’t forget about opportunity cost