Libertarian political philosophy, as a practical matter, does not offer a prefabricated set of solutions to collective problems. Rather, it’s a liberty-based approach to ameliorating collective problems that begins by acknowledging (among other things) the dispersion, incompleteness, and tacit dimension of relevant knowledge. Thus, the approach favors decentralization, competition (in ideas and services), and choice about what trade-offs to make and with whom to cooperate. Perhaps ironically, to succeed, individualism requires and produces the collective intelligence that only markets embody.
The Story Can Still Be Told
“Don’t be mean, we don’t have to be mean, coz remember, no matter where you go, there you are,” said Buckaroo Banzai as he stood on stage with his band of as multi-faceted men. The Hong King Cavaliers. Buckaroo, the scientist, surgeon, rock star, comic book character...
