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Published by the Mercatus Center at George Mason University in the Advanced Studies in Political Economy series.
Although most people believe that some form of government is necessary, the necessity of government was an assumption in political economy that had never been analyzed from an economic point of view. This changed in the 1970s when economists at the Center for the Study of Public Choice engaged in a systematic exploration of the issue. Anarchy, State and Public Choice, the first book-length treatment on the public choice theory of government, continues and extends the research program begun more than three decades ago. It reprints the main articles from the 1972 volume Explorations in the Theory of Anarchy, and it contains a response to each chapter by a new generation of economists, as well as new comments by Gordon Tullock, James Buchanan, Jeffrey Rogers Hummel, and Peter J. Boettke. The new generation is notably less pessimistic about markets and more pessimistic about government than previous generations. Much of the new analysis suggests that private property rights and contracts can exist without government.
Might anarchy be the best choice after all? This provocative volume explores this question in depth and provides some interesting answers. Economists, political scientists, philosophers and lawyers interested in public choice, political economy, and spontaneous order will find this series of essays illuminating.
Edward Stringham is the Shelby Cullom Davis Professor of Economic Organizations and Innovation at Trinity College (Connecticut), editor of the Journal of Private Enterprise, and former president of the American Institute for Economic Research. He is the editor of two books and author of more than seventy-five journal articles, book chapters, and policy studies. His work has been discussed on more than 100 broadcast stations, including CBS, CNBC, CNN, NPR, and MTV.
“Serious academic work on anarchism is relatively sparse. Anarchy, State and Public Choice is a sign of life. A new generation of academic researchers is once again attacking questions of anarchism.”
—Michael S. Rozeff
“The collection is well-rounded, including both purely theoretical analyses, as well as contributions with a strong historical and empirical focus…. This is an excellent collection not only for all those interested in the question of whether anarchy constitutes a feasible option that is superior to statist societies, but also for those interested in understanding how many real-world interactions do take place in the absence of effective third-party enforcement.”
—Ralf M. Bader
“An excellent book that collects a set of helpful essays exploring the economics of bottom-up social organization—of anarchy. . . . Many contributors have gone on to venture more substantial discussions of state failure and non-state social organization like Coyne’s After War, Stringham’s Private Governance, and Leeson’s Anarchy Unbound. But this remains a valuable source of crisp, accessible discussions of anarchic social order.”
—Gary Chartier
Contents
Introduction
Edward Stringham
Chapter 1: Individual Welfare in Anarchy
Winston Bush
Chapter 2: Jungle or Just Bush? Anarchy and the Evolution of Cooperation
Jason Osborne
Chapter 3: The Edge of the Jungle
Gordon Tullock
Chapter 4: Social Interaction Without the State
Christopher J. Coyne
Chapter 5: Towards a Theory of the Evolution of Government
J. Patrick Gunning
Chapter 6: Do Contracts Require Formal Enforcement
Peter T. Leeson
Chapter 7: Before Public Choice
James M. Buchanan
Chapter 8: Public Choice and Leviathan
Benjamin Powell
Chapter 9: Cases in Anarchy
Thomas Hogarty
Chapter 10: Defining Anarchy as Rock 'N' Roll: Rethinking Hogarty's Three Cases
Virgil Henry Storr
Chapter 11: Private Property Anarchism: An American Variant
Laurence Moss
Chapter 12: Anarchism and the Theory of Power
Warren Samuels
Chapter 13: Polycentrism and Power: A Reply to Warren Samuels
Scott Beaulier
Chapter 14: Reflections After Three Decades
James M. Buchanan
Chapter 15: Anarchy
Gordon Tullock
Chapter 16: Tullock on Anarchy
Jeffrey Rogers Hummel
Chapter 17: Anarchism as a Progressive Research Program in Political Economy
Peter J. Boettke