"avo: Defense, security, protection, and even law are all commodities to be bought and sold; why are they not subject to the same laws of supply and demand as a cup of instant noodles? What separates the private regulation of force from, say, the private regulation of money? How can anyone argue the inefficiency of monopolies -- an invention of the State, by the way, not any organic feature of market economies as they would have you believe -- yet at the same time support a monopoly on force and violence? Why is the market so terribly inefficient at producing and allocating protection and insurance services when it has proven itself in every other industry where scarcity is present -- both as legally operating businesses, and those engaged in "black markets" or "counter-economies"?"
answer to #1 they are subject to the same laws of supply and demand
#2 money is property, money isnt different then a house, land or a computer. force is not property. private regulation of property creates the highly desirable effect of efficiency, efficiency in commerce leads to better quality of life. private regulation of force threatens that efficiency.
#3 because with force and violence, we arent looking for efficiency.
#4 they arent bad at making them effiecient, they're bad because you dont want the most efficient. efficiency is a desirable attribute in commerce, not in force or violence. example, one factory that could provide all property anyone could want, would improve quality of life. one bomb that could destroy all of humanity would not. those would be the extreme efficiencies for commerce and violence. which one improves the world and which one doesnt?