FRICTION TAPE

Inspired by agitators

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What does anarchy look like? This cartoon is probably too tame to describe the reality, but it’s one libertarians should keep close by. Without laws, there is no neutral enforcement of contracts. Without neutral enforcement of contracts, there is no practically meaningful claim to private property, if a moral one exists. The problems displayed in this cartoon are all great set-ups to talk and learn about the Coase Theorem.

Of course some anarchists may not like private property. But the people I know who don’t like private property are usually socialists who prefer massively intrusive governments — they’re certainly not anarchists.

Via Phoenix Learning Group

Filed under libertarianism anarchy Coase Theorem economics socialism property rights