Anarchy and the Law (The Political Economy of Choice)

Anarchy and the Law assembles in one volume the most important classic and contemporary studies exploring and debating non-state legal and political systems, especially involving the tradition of natural law and private contracts.

Should markets and contracts provide law, and can the rule of law itself be understood as a private institution? Are the state and its police powers benign societal forces, or are they a system of conquest, authoritarianism, occupation, and exploitation?

From the early works of Gustave de Molinari, Edmund Burke, Voltairine de Cleyre, Benjamin Tucker, David Lipscomb, and Lysander Spooner to the contemporary thinking of Murray Rothbard, David Friedman, Anthony De Jasay and Bruce Benson, Anarchy and the Law features the key studies exploring and debating the efficacy of individual choice and markets versus the shortfalls of coercive government power and bureaucracy. In so doing, the book also features debates involving Roderick Long’s argument against a nationalized military and Robert Nozick’s critique of stateless legal systems, as well as the work of such scholars as Nobel Laureate economist Douglass North, Tyler Cowen, Robert Ellickson, Randall Holcombe, Randy Barnett, Barry Weingast, Terry Anderson, Andrew Rutten, Jeffrey Rogers Hummel, and others.

Whereas liberals and conservatives argue in favor of political constraints, Anarchy and the Law examines whether to check against abuse, government power must be replaced by a social order of self-government based on contracts.