The Machinery of Freedom by David Friedman
David Friedman recently published the third edition of Machinery of Freedom, his classic book on anarcho-capitalism. Even after 40 years it is still a great read for both fledgling and seasoned libertarians.
Friedman does his best work using economics to describe how, and why, anarcho-capitalist institutions could, and should, be developed. He gives an excellent historical examination of Iceland, which had a legal system that showed how some libertarian ideas would work in practice. In Chapter 37, he also has some wise words for radicals about civil disruption, discussing how shock tactics and property damage will only instill in people a desire for strong government. He warns that anarchists should avoid traditional revolutionary techniques used by those who want to usurp government power because the same strategy does not work for destroying government power all together. It should be noted that this…
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