3min chapter

The "What is Money?" Show cover image

The Strategy for Liberty | The Hillebrand Series | Episode 12 (WiM071)

The "What is Money?" Show

CHAPTER

Is There a Monopoly for State?

An author named nasek puts forth this origin story of the state that actually, i have been i thought was true. But brothbard really goes through nausi's argument in detail and de bunks it point by point. He writes first nausec assumes that each protective agency would require that each of its clients renounce the right of private retaliation against aggressionby refusing to protect them against counter retaliation. This would be up to the various protection agencies acting on the market, and is certainly not self evident. So it doesn't necessarily follow from the argument that we would end up with this natural monopoly of the state, which is lutely restructive.

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