04
Feb
2010
Arnold Kling Makes Me Chuckle
In a quite reasonable post, he offers this judgment which struck me as ironic:
3. Does the state have necessary functions?
I believe that it does, but I am not sure. I am strongly inclined to believe that unless we agree to have an ultimate arbiter of disputes, the equilibrium is what North, Weingast, and Wallis call “the natural state,” in which a coalition of violent gangs extorts from the general public and shares the loot.
In case you don’t see the irony, try this.
Comments are closed.
