Rejoinder to David Friedman on the Economics of Anarchy

Economics and Philosophy 10 (2):329 (1994)
The received wisdom once stated that anarcho-capitalism would collapse into Hobbes’s state of nature, with life nasty, short, and brutish. The problem of competing governments is the problem of externality par excellence. But David Friedman, among others, has argued persuasively that privately financed arbitration agencies can overcome the basic externalities problems behind social order
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DOI 10.1017/S026626710000479X
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Law as a Public Good: The Economics of Anarchy.Tyler Cowen - 1992 - Economics and Philosophy 8 (2):249-267.

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