Bob goes solo to point out a common fallacy among even self-described anarcho-capitalists, when they blame a social problem on “too little government.” For example, in standard arguments over drug prohibition, sometimes libertarians will argue, “A drug dealer can’t call the cops if he gets robbed, so this leads to more violence in the industry.” Bob explains what’s wrong with this way of thinking.
Mentioned in the Episode and Other Links of Interest:
- Bob’s textbook for junior high students, Lessons for the Young Economist (free PDF).
- Bob’s episode 19, making the case that Rothbardian institutions would quickly become nonviolent.
- Alex Tabarrok argues that anarchy is worse than socialism in Venezuela.
- Help support the Bob Murphy Show.
The audio production for this episode was provided by Podsworth Media.