David Friedman discusses how private sources can produce more efficient laws than governments, making the case for anarcho-capitalism over government monopoly over law.
This talk will attempt to define government with a brief sketch of the evidence on whether and under what circumstances an anarchy, a society without a government, is workable. He will also provide a theoretical discussion intended to help make sense of the evidence, including a discussion of possible reasons for the nonexistence of an anarchy and concluding with a discussion with showing some circumstances and in what form stateless societies might come to exist over the next century or so.
About David Friedman
David Director Friedman (born February 12, 1945) is an economist, physicist, legal scholar, and libertarian theorist. He is known for his writings in market voluntaryist theory, which is the subject of his most popular book, The Machinery of Freedom (1973, revised 1989). He has authored several other books and articles, including Price Theory: An Intermediate Text (1986), Law’s Order: What Economics Has to Do with Law and Why It Matters (2000), Hidden Order: The Economics of Everyday Life (1996), and Future Imperfect (2008).
