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Notes: Market Failure: An argument both for and against government (David Friedman)

I just attended the Young American’s for Liberty state convention yesterday in order to hear the venerable David Friedman speak. Below are my notes highlighting the main points of the talk. You may recognize some examples and positions if you’ve been following his work.

Economists studying market failure make legitimate arguments against laisse-faire, but those […]

Notes: International Students for Liberty Conference, David Friedman, Problem of National Defense

Defense without Government ————— – government bad at doing things, esp complex things (ex: legal systems) am willing to accept government solution when alternative is worse – court and police aren’t complicated enough to require government – define National Defense as invasion defense from a neighbor nation – define Public Good as that where […]