Screen Shot 2015-11-18 at 4.55.47 PM

I’m a big fan of Murray Rothbard and have read pretty much everything that he wrote, which was a lot as he was a prodigious author. I came across this article which for the most part was very flattering, but contained these two criticisms.

Unfortunately, Rothbard also sidesteps some difficult problems. The primary argument for having a state at all is that the state can overcome the public goods/free rider problem, while private entrepreneurs cannot. Rather than addressing this argument, Rothbard effectively denies the problem exists, which is no answer at all and certainly does nothing to assuage the doubts of critics. Similarly, in response to the challenge that his proposed private protective agencies would fight among themselves and oppress people, he simply asserts this would be too costly for them and they’d realize peaceful cooperation and trade are more profitable.

Well, no. One could use this logic to “prove” that Al Capone would never order the St. Valentine’s Day massacre of the North Side gang, or that Hitler would never invade Poland. There’s nothing special about whether we call an organization a “state” or not that changes the benefit-cost analyses of the leaders in these matters. Perhaps it’s possible that under certain circumstances an anarchic society could be peaceful and stable, but Rothbard simply ignored the most difficult problems for his theory.

That, to me, illustrates Rothbard’s primary flaw. It seems to me that for him, no argument is too shallow so long as it leads him to a libertarian conclusion. His dedication to liberty is admirable, but as the 19th century French economist Frederic Bastiat warned, “The worst thing that can happen to a good cause is, not to be skillfully attacked, but to be ineptly defended.” In my view, by not taking arguments for a minimal state sufficiently seriously, Rothbard ends up deceiving himself and supposing that the case for his anarcho-capitalism is airtight. I think it is not, and there are other examples of this sort of error in Rothbard’s economic, political, and historical writing.[3]