1st Edition

The Economics of Law, Order, and Action The Logic of Public Goods

By Jakub Bozydar Wisniewski Copyright 2018
164 Pages
by Routledge

164 Pages
by Routledge

164 Pages
by Routledge

According to the standard position of the economic mainstream, the efficient production of so-called public goods, including law and defense, requires the use of territorial monopolies of coercive force. Two arguments are put forward for this position: a "positive" one, based on the claim that only such institutions can successfully supply society with crucial public goods, and a "negative" one,... Read more

1. Introduction



2. An Austrian Critique of the Theory of Public Goods



3. Defense as a Private Good in a Competitive Order



4. Law as a Private Good in a Competitive Order



5. Ideas, Institutions, and Preferences



6. The Ethics of Legal and Protective Polycentrism



7. Conclusion

Biography

Jakub Bożydar Wiśniewski is an affiliated scholar and a member of the board of trustees of the Ludwig von Mises Institute Poland and is an affiliated lecturer with the Polish-American Leadership Academy. He holds an MA in philosophy from the University of Cambridge and a PhD in political economy from King’s College London.