“Only a failure of imagination, the same one that leads the man on the street to suppose that everything has already been invented, leads us to believe that all of the relevant institutions have been designed and that all of the policy levers have been found.”–Paul Romer, New Goods, Old Theory, and the Welfare Costs of Trade Restrictions
Since the year it was published, a preponderance of the scholarship devoted to Nozick’s Anarchy, State, And Utopia has focused on the first two thirds of his 1974 book. The first third, devoted to justifying the minimal state, has attracted the attention of anarchists and fellow libertarians. The second third is catnip for the disciples of John Rawls–Nozick uses a sketch of the common law based on (unsupported!) assumptions to illuminate some iniquities inherent to redistributing wealth. That bit has drawn fire from all comers for years. In fact, the book is…
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Utopia, you are standing in it! 
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