Milton Friedman said that good government is best-case thinking; we need to constrain government. David Friedman said that constrained government is best-case thinking; we need market-based anarchy. Patri and Brad say that market-anarchy is best-case thinking; no government will cede territory to let it happen.The whole bit is worth reading...and I agree thoroughly.
The virtue of excellence
Friday, April 20, 2012
QoTD -- The Friedmans
Eric Crampton phrases it ever so well: