The Machinery of Freedom: A Guide to Radical Capitalism
July 31st, 2007 by Duff OMelia
I recently met someone who described himself as an anarcho-capitalist. I had never heard the term before so I asked him if he was some kind of anarchist. He replied that he was basically against coercive monopolies. That seemed pretty reasonable. Who would be in favor of coercive monopolies? He later recommended this book by David Friedman.
This book addresses all kinds of interesting topics such as the economics of how to privatize roads, the police, the courts, and even laws. I greatly enjoyed reading this book.
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