David Friedman: A lecture on liberty

Can you spare an hour for one of the most interesting liberal person I know? Economist and physicist David Friedman speaks to the students of Boise State University about the system of anarcho-capitalism that he lays out in his most well-known book, The Machinery of Freedom.

Wikipedia:

David Director Friedman (born February 12, 1945) is an economist, physicist, legal scholar, and libertarian theorist. He is known for his writings in market anarchist theory, which is the subject of his most popular book, The Machinery of Freedom (1973, revised 1989 and 2014).

David Friedman is the son of economists Rose and Milton Friedman. His son, Patri Friedman, has also written about libertarian theory and market anarchism, particularly seasteading.

In his book The Machinery of Freedom (1973), Friedman sketched a form of anarcho-capitalism where all goods and services including law itself can be produced by the free market. This differs from the version proposed by Murray Rothbard, where a legal code would first be consented to by the parties involved in setting up the anarcho-capitalist society. Friedman advocates an incrementalist approach to achieve anarcho-capitalism by gradual privatization of areas that government is involved in, ultimately privatizing law and order itself. In the book, he states his opposition to violent anarcho-capitalist revolution.

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