Ideas Having Sex

47. David Friedman - The Machinery of Freedom

Mar 4, 2024
David Friedman, an economist and author of "The Machinery of Freedom," dives into libertarian anarchism and its implications. He discusses effective strategies for transitioning to a libertarian society, personal experiences at freedom festivals, and the significance of engaging debates. Literature's role in illuminating economic principles is highlighted, alongside philosophical explorations of punishment and its unintended consequences. The conversation also touches on the intricacies of minimum wage policies and the moral debates surrounding self-determination and immigration.
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INSIGHT

Markets Can Replace Government Functions

  • Anarcho-capitalism envisions private markets supplying functions now done by governments within a private property framework.
  • Markets coordinate complex production and can plausibly provide protection and dispute resolution without a state.
ANECDOTE

Heinlein Sparked A Search For Real Legal Markets

  • Heinlein's The Moon Is a Harsh Mistress inspired Friedman to imagine endogenous legal systems rather than externally imposed government law.
  • He then studied real examples like traditional Somali law and sketched private firms providing protection and dispute settlement.
ADVICE

Shift Policy By Spreading Ideas

  • Spread both moderate and radical libertarian ideas to shift public beliefs and make policies harder to sustain.
  • Use public debates and visible candidacies as platforms to popularize libertarian reasoning.
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