September 09, 2005

Go Wikipedia!

Posted by Anthony Gregory at September 9, 2005 06:26 PM

On Wikipedia, Today's Featured Article is on Anarcho-Captialism.

Right on the main page of the most extensive encyclopedia online (and one that works purely by the principles of spontaneous order) we learn that "The first well-known version of anarcho-capitalism to identify itself with this term was developed by Austrian School economists and libertarians Murray Rothbard and Walter Block in the mid-20th century as an attempted synthesis of Austrian School economics, classical liberalism, and 19th-century American individualist anarchism. While Rothbard bases his philosophy on natural law, others, such as David Friedman take a pragmatic consequentialist approach by arguing that anarcho-capitalism should be implemented on the basis that such a system would have superior consequences than other alternatives."


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