The Machinery of Freedom: Guide to a Radical Capitalism (Paperback)
Guide to a Radical Capitalism
Open Court Publishing Company, 9780812690699, 288pp.
Publication Date: April 1, 1989
Among topics covered: how the U.S. would benefit from unrestricted immigration; why prohibition of drugs is inconsistent with a free society; why the welfare state mainly takes from the poor to help the not-so-poor; how police protection, law courts, and new laws could all be provided privately; what life was really like under the anarchist legal system of medieval Iceland; why non-intervention is the best foreign policy; why no simple moral rules can generate acceptable social policies -- and why these policies must be derived in part from the new discipline of economic analysis of law.