Various members of the academic community have attempted to attack Murray Rothbard’s political and economic theories. One attempt made by H. E. Frech III in “The Public Choice Theory of Murray N...
Karl T. Fielding
Latest work
A criticism with which an anarcho-capitalist is usually assailed concerns the operation of free-market courts. How can the free market guard the interests of justice? Will not there be an incentive...
Many economists consider public goods to be a case of market “failure.” They argue that the free market cannot finance the optimal amount of public goods. Therefore, they say, the government must...
