We're Not One of Them. We're One of You.

At the Libertarian Institute, we feature independent intellectuals who strive to understand our world and communicate that understanding to you. We don’t work for Lockheed or K Street or Qatar. We work for you. Support the Libertarian Institute Today!

$790 of $60,000 raised

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

by | Jan 31, 2021

BitChute: https://www.bitchute.com/video/YMmd2G3jFD08/

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/VID-Chaos-Theory-Essay-Summary:9

Archive: https://archive.org/details/privatelawdefensebyrobertp.murphyessaysummary

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.

Keith Knight

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.

View all posts

Our Books

Shop books published by the Libertarian Institute.

libetarian institute longsleeve shirt

Our Books

15 books

Recent Articles

Recent

Konstantin Kisin is Wrong About Winston Churchill

Konstantin Kisin is Wrong About Winston Churchill

https://youtu.be/dhjeKHxH1Sc “Retaliation was certain if we carried the war into Germany…Yet, because we were doubtful about the psychological effect of propagandist distortion of the truth that it was we who started the strategic offensive, we have shrunk from giving...

read more
Paul Krugman: Liar or Ignoramus? w/ Tom Woods

Paul Krugman: Liar or Ignoramus? w/ Tom Woods

https://youtu.be/8welI8CK50M Here, in a very simple summary, is what the Austrian theory says: 1) Interest rates can come down in two ways: a) the public saves more; or b) the central bank artificially forces them down. 2) Businessmen respond to the lower interest...

read more

Pin It on Pinterest

Share This