Friday, May 11, 2007

Taking on libertarian dogma, Arnold Kling soars

A libertarian-leaning economist, Arnold Kling, takes on the libertarian view that only government is coercive.
The difference between government laws and private agreements is not that only the former are ultimately backed by force. The difference is that the cost of finding an alternative government jurisdiction is typically much higher than the cost of finding another private party to a contract
.Read the whole article, look for "The Coercion Herring."

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