The Private Production Of Defense by Hans-Hermann Hoppe
Argues that protection and legal order need not rely on a state monopoly but can be supplied more efficiently through voluntary contracts, competing private defense agencies, and decentralized arbitration; it uses economic reasoning and property-rights theory to claim that market-based security aligns incentives, curbs aggression through reputation and contractual enforcement, and avoids the rent-seeking, taxation, and inefficiencies of democratic state provision, illustrating how private institutions could provide law, order, and defense in a stable, noncoercive social order.
- Published
- Unknown
- Nationality
- American
- Length
- Very Short
- Pages
- 56
- Original Language
- English
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- Alternate Titles
- None
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