Dave Burns's Reviews > The Market for Liberty

The Market for Liberty by Morris Tannehill
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Apr 14, 2012

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Wikipedia has links to online text and audio versions. I read this so long ago, but it did make an impression on me then. Basically, the state gets replaced by a hyper developed insurance industry. It's not obviously impossible, but not obviously practical, either. I think I had not read enough Hayek before reading this, so I didn't know he would probably compare it to the "constructivist rationalism" he criticized among the socialist thinkers of his time. I think the book predates Friedman's Machinery of Freedom and Rothbard's For a New Liberty, though the general ideas are probably older than any of these presentations.
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