Private Law & Defense by Robert P. Murphy – Essay Summary

by | Jan 31, 2021

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I give an essay summary and analysis of Chaos Theory by Robert P. Murphy.

In short, a stateless society would not be perfect, but all imperfections of the market apply ten fold to the state.  Voluntary funded competition provides better quality and lower prices than coercively funded monopoly. What makes the state unique is that it claims the monopoly right to initiate violence against peaceful people. The ultimate check and balance is the ability to stop funding/participating with an organization.

About Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute, host of the Don't Tread on Anyone podcast and editor of The Voluntaryist Handbook: A Collection of Essays, Excerpts, and Quotes.

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