Is Anarchy a Faustian Bargain?

The common perception of Anarchy today appears to be one of chaos and destruction. Without the State, it is proclaimed, violence would immediately ensue; without law, there'd be no deterrent disincentivizing this, and we'd return, in the words of Thomas Hobbes (1660), to an age where "every man is Enemy to every man", and "the … Continue reading Is Anarchy a Faustian Bargain?

On Criticising Private Businesses and the State

A common mischaracterization of the libertarian position is that it is either indifferent to or supportive of all kinds of unethical activities conducted by businesses and individuals in the private sphere. Although this appears to be more of an attempt to stigmatize libertarianism than to carefully assess it, it's true that its proponents exert far … Continue reading On Criticising Private Businesses and the State

The Real Differences Between the Private and Public Sector

While contemplating issues academically and analytically, one can easily get lost in the abstractions of statistical numbers and jargon and end up with a misleading or incomplete understanding of the subject. In the field of economics, for instance, one can get a different perception when abstract terms like "the economy" or "the market" are used … Continue reading The Real Differences Between the Private and Public Sector