ECONOMIST Bob Murphy DEFENDS the Anarcho-Capitalist LIBERTARIAN position | Hn 143

Do we need a state? Can a society have peace, prosperity, law & order, etc without a centralized sovereign entity doling these things out? While most people shrink from such a conclusion, economist and theorist Bob Murphy says we can! In this episode Adam Haman asks Bob to justify his crazy opinions! (Spoiler alert: Bob is right)

00:00 -- Intro. See? I told you we aren't just a clip show!
01:35 -- Minarchism vs Anarchism! Ring the bell! Let's get ready to rumble!
03:47 -- Adam reads a comment/criticism of anarchism Bob's video received on YouTube. "Fair or Unfair?!" Look around the globe. Which system is failing, minarchy or anarchy?
08:28 -- Wouldn't gangs take over if we didn't have government prisons? How much does culture impact how well a particular political system will "work"?
19:06 -- Why must law be "one-size-fits-all"? Why can't the public think our way out of that box? Will it take a few "Will and Grace" moments?
26:55 -- A school analogy reveals that you get "more order" via a decentralized structure.
28:53 --Wouldn't the criminals gang up against us and create society-wide mayhem?
34:00 -- Don't we need a state to ensure societal coordination in important ways? What about greedy obstructionists who would just screw things all up? Aren't roads the perfect example?
41:47 -- In "Ancapistan", is it conceivable that prisons (at least somewhat similar to ours) would exist because of contractual agreements? Yes!
47:38 -- How would the "path to redemption" for a convict be different in a stateless society? Harsher? More forgiving? Something completely different - and better?
56:35 -- What about big security concerns? Is "Ancapistan" in danger of security companies amalgamating together to become a monopoly warlord?
1:07:43 -- Crooks, thieves, and murderers are bad for society. Even worse is when such activities are done under the color of law. That's the danger of a monopoly government state.
1:14:56 -- "Public goods" is a completely fraudulent concept. There, we said it. Also, don't think democracy can save us. It can't and Bob can prove it!
1:21:18 -- Outro. Thanks for the comment, viewer, and thanks for watching Haman Nature!

Video mentioned: "How would private courts and military defense work?": https://www.youtube.com/watch?v=D0glqJveGCw&lc=Ugzn8jP9TuuuQJuLXSp4AaABAg

Website for The Carl Menger Institute for Market Economics: https://mengerinstitute.org/

Haman Nature episode mentioned -- Interview with Matt Geiger of the Menger Institute: https://youtu.be/w-UqAGNkilk?si=Lf05wqase7AvCngw

Haman Nature episode mentioned -- a critique of democracy and voting systems: https://youtu.be/Hv6dD1qXQl4?si=iWLk1h0yhocL-7UR

Book mentioned, Anarchy, State, and Utopia by Robert Nozick: https://amzn.to/4ktLvAQ

Adam on X: https://x.com/Rerazer

Bob on X: https://x.com/BobMurphyEcon

The Bob Murphy Show: https://www.bobmurphyshow.com/

The Human Action podcast: https://mises.org/podcasts/human-action-podcast

For daily articles and bonus content, join us at: https://hamannature.substack.com/

Adam's other podcast: https://naturalorderpodcast.com