[The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE


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  1. says: [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE David D. Friedman · 6 summary

    David D. Friedman · 6 summary [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE This was recommended to me as the best case for anarchocapitalism if this is true then I did not find the strongest arguments for anarchocapitalism or libertarian anarchy compelling enough It is an interesting case that Friedman makes when he states that socialism would only work if it was populated by saints and anarch

  2. says: David D. Friedman · 6 summary free read ´ PDF, eBook or Kindle ePUB · David D. Friedman [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE

    free read ´ PDF, eBook or Kindle ePUB · David D. Friedman David D. Friedman · 6 summary [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE This book was disappointing Instead of crafting a convincing argument it seemed like Friedman was writing to an audience of believers He often spends no than three pages on a complex topic like how national security would work without a centralized state then satisfied that he has made his case moves on to something much inaneThere were some interesting ideas about the morality of government and the practical aspects

  3. says: free read ´ PDF, eBook or Kindle ePUB · David D. Friedman [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE David D. Friedman · 6 summary

    [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE Updated 16 April 2018 Excellent book Anyone who wants an understanding of how individuals interact and solve problems free

  4. says: David D. Friedman · 6 summary free read ´ PDF, eBook or Kindle ePUB · David D. Friedman [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE

    David D. Friedman · 6 summary [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE UPDATE David Friedman himself responded to this review in the comments I am a firm believer in hearing both sides before passing a verdict so Please read his feedback It is succinct enough that I don't think I have to summarize itThe

  5. says: [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE

    [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE It was a little too extreme in parts for my taste and I found myself saying hey that would never work in parts but hey you gotta appreciate the spirit haha Definitely worth a read in the spirit of thinking out of the box a bit

  6. says: David D. Friedman · 6 summary free read ´ PDF, eBook or Kindle ePUB · David D. Friedman [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE

    [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE characters The Machinery of Freedom: A Guide to Radical Capitalism A very well thought out provocative read I would recommend this for anyone though chiefly Friedman seeks to convince the n

  7. says: David D. Friedman · 6 summary [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE

    free read ´ PDF, eBook or Kindle ePUB · David D. Friedman [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE Note the review was edited after having gone through the initial chapters once again re reading my underlinings I'd say this in fact deserves like 42 instead of 38 Additionally I believe my copy is of the first edition of the book so I guess it doesn't yet include Friedman's famous discussion of the Icelandic law systemThe book gets interesting and nuanced towards the end when the author starts dealing with the actual d

  8. says: [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE David D. Friedman · 6 summary free read ´ PDF, eBook or Kindle ePUB · David D. Friedman

    characters The Machinery of Freedom: A Guide to Radical Capitalism David D. Friedman · 6 summary [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE 6 8 Madrid Spain

  9. says: free read ´ PDF, eBook or Kindle ePUB · David D. Friedman [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE

    free read ´ PDF, eBook or Kindle ePUB · David D. Friedman [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE David D. Friedman · 6 summary “There is no way to give a politician power that can be used only to do good” – p17 This guide to anarcho capitalis

  10. says: [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE

    [The Machinery of Freedom: A Guide to Radical Capitalism] EBOOK FREE free read ´ PDF, eBook or Kindle ePUB · David D. Friedman This was a pretty good book Maybe I was too familiar with Rothbard when I gave his book only 3 stars In any case there were a few downsides to

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characters The Machinery of Freedom: A Guide to Radical Capitalism

free read The Machinery of Freedom: A Guide to Radical Capitalism 106 Who cares about a penny When he as gotten all the way around the circle the politician throws fifty cents down in front of one person who is overjoyed at the windfall The process is repeated ending with a different person After a hundred rounds everyone is a hundred cents poorer fifty cents richer and happy On making money the old fashioned way earning it Greedy capitalists get money by trade Good liberals steal it On failures of accountability of complex systems A utopia that will work only if populated by saints is a perilous vision; there are not enough saints Such a visionwe have followed; it has led us to where we now are On higher ed It is time to begin the subversion of the American system of higher schooling with the objective not destruction but renaissanc. Note the review was edited after having gone through the initial chapters once again re reading my underlinings I d say this in fact deserves like 42 instead of 38 Additionally I believe my copy is of the first edition of the book so I guess it doesn t yet include Friedman s famous discussion of the Icelandic law systemThe book gets interesting and nuanced towards the end when the author starts dealing with the actual difficulties of implementing an anarchist society although I think I disagree with his formal exposition of the public good problem at times The beginning also provides some useful insights on the basis for private property as an ethical and practical principleAlthough Friedman admits that it was his intention all along to give a practical rather than theoretical discussion of the role of government in society one is left with the idea that the book is a bit too disperse to serve as a true libertarian bible At least from my point of view I was hoping for some kind of well rounded treatise and this ended up as a collection of short essaysarticles which show the author s outstanding intelligence but which I m afraid will tend to convince only those who already stand predisposed to these ideas I m not saying there s a way a collectivist statist could be brought to reason Perhaps many neutral people will find Friedman s practical examples to be enough to make them start uestioning the present social order But readers with a thirsty theoreticalprincipled mind will perhaps find this underwhelming it s not in vain that they call Friedman a conseuentialist utilitarian I guessI wonder if this is not the result of Friedman s surprising jokes They re a lot of fun but somehow add to the feeling that this is a collection of notes left by your crazy uncle before leaving to Mars on a space shuttle rather than the book that you ll proudly wield in court when the police arrests you for civil disobedience Anyways this is still highly recommended reading Perhaps one of these days I end up increasing the rating even furtherFinal note when I ponder over Friedman s reasons for staying a bit out of principles I can t help but wonder if perhaps he is the one with the most consistent approach after allMy purpose is not to argue that we should stop being libertarians My purpose is to argue that libertarianism is not a collection of straightforward and unambiguous arguments establishing with certainty a set of unuestionable propositions It is rather the attempt to apply certain economic and ethical insights to a very complicated world The carefully one does so the complications one is likely to discover and the ualifications one must put on one s resultsfrom the updated postscript to the second editionNow if you want so read another libertarian who kind of hates Friedman on these issues read this by Rothbard feel I m tending and away from Rothbard and towards Friedman and Hayek even though deep in my heart I still hate the State

free read ´ PDF, eBook or Kindle ePUB · David D. FriedmanThe Machinery of Freedom: A Guide to Radical Capitalism

free read The Machinery of Freedom: A Guide to Radical Capitalism 106 This is the Third Edition of this classic 1971 work of libertarianism by David D Friedman anarcho capitalist significantly revised and updated from 1989's Second Edition It engagingly describes and celebrates a society based on individual private property rights and the right to consent to cooperative ventures free of coercion From these basic principles it follows that that government is best which governs least This book shows why and precisely how to privatize the State; how private property is the most basic of human rights and trade of one type or another the basis of all human cooperation; distinguishes anarchy from chaos; provides the clearest simplest and best brief on law and economics ever written; and sets out the deeply moral basis of libertarianism cla. Updated 16 April 2018 Excellent book Anyone who wants an understanding of how individuals interact and solve problems freely without government should read this book David Friedman does a marvelous job of explaining how property rights is the key to a just and prosperous society and how government mucks up just about everything it gets power over You will be amazed at how logical and practical totally free markets areI recently 3 18 12 re read about 23 of the book about 25 30 years after first reading it It has held up VERY well In fact I am much convinced of the author s arguments and conclusions than when I first read the book The years between readings have born out many of the author s statements about how awful the government messes up society with its programs of redistribution regulation wars and taxation The few areas where the market was set free space exploration to a very limited degree and the deregulation of the airlines trucking railroads telecom all to varying extents the market has responded very well by reduced costs improved efficiency and increasing options almost beyond belief And recently there has been virtually no deregulation but new entrepreneurial ideas and technologies have gotten around all sorts of old stifling and high cost government regulations and monopolies mail taxis think Uber and Lift AirBnB etcSome other never regulated areas of the economy that have grown up in the meantime have radically changed our world for the better computers certain communications though actually often still hamstrung by regulations and the whole internet platformBut with the increasing calls for restrictions on freedom of speech government regulations military strikes wars surveillance by the government this book is important than everHighly recommended

David D. Friedman · 6 summary

free read The Machinery of Freedom: A Guide to Radical Capitalism 106 Ims to the contrary by those who mistake libertarianism for the creed of Dr Pangloss or extreme Benthamism notwithstanding Hailed by Nobel Prize winning economists and bestselling novelists alike James M Buchanan Jerry Pournelle The Machinery of Freedom is an essential read On the superiority of capitalism provided services to State provided services In spite of popular myths about capitalism oppressing the poor the poor are worse off in those things provided by governmentThere are good cars in the ghetto than good schools On the agency problem of economics Special interest politics is a simple game A hundred people sit in a circle each with his pocket full of pennies A politician walks around the outside of the circle taking a penny from each person No one minds;. A very well thought out provocative read I would recommend this for anyone though chiefly Friedman seeks to convince the non libertarian He identifies himself alternately as classical Liberal Goldwater conservative libertarian andor anarcho capitalist Overall he makes penetrating arguments using principally a pragmatic focus on outcomes He does delve into moral philosophy at points though he seems to exhibit some skepticism of morality generally his description of himself as a Catholic without God is interesting In his own wordsThe central idea of libertarianism is that people should be permitted to run their own lives as they wish We totally reject the idea that people must be forcibly protected from themselvesWe also reject the idea that people have an enforceable claim on others for anything than being left alone location 287 290 Some strengths and weaknesses as I found them belowPart I provides a general overview of Liberal economics and property and the principals are of little controversy except to very committed Marxists However even here he applies these principals in ways that might make many readers raise their eyebrows One does not need to be an economist nor even have a lot of education to understand and appreciate his chapters here He acknowledges one cannot construct systems or societies to be populated only by saints He is rather frank about the risks of trying anarchy or anything largely untried Human beings and human societies are far too complicated for us to have confidence in a priori predictions about how institutions that have never been tried would work locations 651 658 Yet there are points in later parts where he seems to do just that though for the most part he does so without coming off as overly confident Part II provides a small government libertarian approach to reducing the scope size authority and cost of government without proceeding to make a complete argument for anarchy This section is convincing and strongly argued His attacks on experts are well spoken and his ideas on mass transit prescient of Uber and other such services though deregulating taxis could also help in that area Chapter 12 was unusually weak claiming that a modern university is impossible While Friedman s many critiues have merit it does not render a modern university impossible evidenced by his own and his children s attendance at them Universities have been around for centuries flaws and all That said I would welcome an Adam Smith U Chapter 13 as Friedman outlines it and see how it competes against the other models of universities Still even his Adam Smith U shell company would have corporate interests making one wonder how it is immune to the problems he outlines for regular universities while his version would tend to limit the impact of those prejudices he does not make the case that it would be wholly exempt His call for completely open immigration also fails to account for reality While all classical Liberal leaning people favor the free movement of goods services money and people the difference between the last and the former are that goods services and money don t come with language culture religion or any other baggage that can be disruptive to a working society While Friedman claims in a later part that those immigrating are largely leaving behind undesirable factors from their former homes uncontestable evidence to the contrary has appeared in Europe with large Muslim migrants who have brought female genital mutilation honor killings arranged child marriages and murder of European filmmakers along with them just to give one such real world example Therefore throwing the doors completely open to immigration while ignoring such factors and in the face of such evidence would be folly I would favor a much open legal immigration system with much stronger deterrence for illegal immigrants but a completely open system would end in unmaking any society desirable to live in at least in the short runHis Chapter 22 idea for emancipating children at the age of 9 is surprising as a massive intrusion of government into the private affairs of family coming from someone of Friedman s otherwise libertarian leanings Further as he acknowledges in Appendix II his having not read Hazlitt s Economics in One Lesson The Shortest Surest Way to Understand Basic Economics shows most in this chapter A 9 year old could be easily lured away from hisher family by the many child predators in existence both pedophile and slaver and is hardly in a position to fend for himherself Even in traditional societies rites of passage to manhoodwomanhood occurred freuently around 12 13 years of age and sometimes a little older In a modern society a person should probably be full grown or nearly so so as to be able to operate a motor vehicle better defend himherself etc before being emancipated Though it would be welcome if emancipation meant exactly that and allowed for operation of a motor vehicle consuming alcoholic beverages voting serving in armed services and all the rest of such age based restrictions I applaud Friedman s Chapter 26 frank discussion of pollution as market externality especially as he fails to make a convincing case that it can be solved entirely without government The Cuyahoga River burned not once but several times in my youth so it is an apparent fact the environment will not police itself nor the market all polluters Unfortunately as Friedman s aim is to abolish government he offers only the barest notions of useful market based strategies for governments to employ to better effect than the current reams of incomprehensible regulations and laws His father Milton Friedman did a useful job of this in some of his works and I recommend themPart III is his first foray into defining workable anarchy and illustrating how it might work and what it might look like While being provocative it is uite simply the weakest part of the book His idea for putting law enforcement and law itself on the market is interesting but needs further development A large segment of criminals come from the very poor who are not exactly going to be paying into the kind of rights enforcement agency private police force Friedman envisions Those not able to pay or able to pay perhaps only for minimal enforcement are going to be short changed on justice if they get it at all Private arbitration works well between well funded entities that can offer up similar stakes but does not necessarily work as well between vast differences of resources While he tries to grapple with the idea of rights enforcement agencies appealing to criminals what about organized crime which in effect have built in rights enforcement capabilities and an agenda to go with A person concerned for liberty for all has to insist Friedman further develop this idea After all the elite and privileged have liberty in virtually every system so the effects on the middle and poor are the most important to consider if there is to be any real difference The problems of rights enforcementprivate justice are especially important in light of Friedman s own illustration of how saga Iceland did not endure but rather through internal factionalism and Norwegian pressure evolved into a statist version And this was in light of Iceland s ideal circumstances for a anarchic situation a combination of undesirability to outsiders and geographic isolation Also as Friedman eventually makes clear any market based legal system will resort to naked force in the last resort so those sueamish about capital punishment blood feuds or even using lethal force in self defense are going to have moral problems with it no matter whatPerhaps the weakest argument put forward for total anarchy is Chapter 34 on national defense written at that time in the Cold War Throughout Friedman is tentative and unconvincing well maybe if we get enough donations and since we don t need Hawaii maybe we can extort from them and maybe What good would it be to establish an anarchical utopia only to have some envious neighbor invade and take it over For a small government person like me defense is one of the few legitimate pursuits I relegate to government and in the absence of stronger arguments and proofs from Friedman abolishing government defense would be something I would oppose I do like his later amendments concerning the militia which certainly go with the intent of the Constitution s founders and the history of the American military before World War II But even in that section added later Friedman does not succeed in making good a proof against any government defense the need for the professional core to trainorganize the larger militias That said serious consideration of these chapters could lead to an increase in personal liberty and a reduction in the military s size and expenseParts IV V and VI were written later and make the purchase of the third edition a must These are some of the strongest parts of his argument and were clearly developed over decades of argument study and consideration One of the best points he makes that a limited government proponent like myself has to answer is The logic of limited governments is to grow location 2868 Jefferson s warning has proved itself in the US and is something to address and contend with However his own illustration of saga Iceland warns the reader that anarchic societies may not be immune either The only short answer I can give in any kind of representative government or society responsive to market forces win the culture war At least that Friedman is attempting with vigor and skillWhile his foreign policydefense discussion here is remarkably clear headed and frank he becomes disingenuous criticizing changing foreign policies to match changing circumstances defending China only to oppose it for instance His criticism of an interventionist policy seems to assume autarchy that is if a nation needs access to rare resources rare earth metals for instance not native to it then it is hard to see it taking a strictly non interventionist policy during those periods when inevitably access to limited resources will be threatened So either he is suggesting a return to pre modern living or failing to account for the many varied and serious threats to a nation s interests abroad firstly the lanes of tradeHis review of Chesterton is interesting So many libertarians are absolutely convinced of their positions in vivid moralistic terms while being skeptical of morality generally Friedman largely sidesteps the problem by focusing mainly on the pragmatic but to his credit he does not fear to venture in the morality field On that note he claims to refute Ayn Rand s objectivism His first objection fails to do so as the animal mating examples he uses are the result of instinct not rational choice the male preying mantis does not choose his destruction through mating and even in most lower mammals consensual sex as we understand it does not exist All that aside it s not as if lower animals make a rational decision to mate knowing they are decreasing their own personal survival probabilities As Jonathan Swift points out when humans are busy begetting children the children are often not what they re thinking of His next two objections are much stronger his fourth objection comes off as uibbling by means of oversimplifying Rand s argument when in fact Friedman seems to share her conclusion only criticizing the path she took It is refreshing that Friedman does not suffer from the goldbug illusions so many other libertarians do Friedman s suggestions for bank notes based on barrels of mixed commodities presents an interesting solution His ideas about cyber money are also interesting as Bitcoin proceeds apace His appendices provide useful recommended reading from the author and others and some interesting tables of figures Below are some notable uotables from the bookproperty rights are not the rights of property they are the rights of humans with regard to property They are a particular kind of human right location 353 354each person is best ualified to choose for himself which among a multitude of possible lives is best for him location 1202 1203If many of those choices involve needs things of infinite value to one person which can be best determined by someone else what is the use of freedom If I disagree with the expert about my needs I make not a value judgment but a mistake location 1203 1205Today a small elite goes to private prep schools middle class children go to moderately good suburban schools and the inner city poor get schools that are little than custodial institutions location 1345 1347For years we have been told that all the public school system needs is money For years we have watched its per pupil spending rise with little visible effect on uality It is time to try something new location 1360 1362Greedy capitalists get money by trade Good liberals steal it location 1780in our society where the poor are also politically weak they do far worse on things provided by the government such as schooling and police protection than on those sold privately such as food and clothes location 2137 2139people act according to what they perceive as right proper and practical location 2454 2455People who want to control other people s lives are rarely eager to pay for the privilege location 2528 2529There are good cars in the ghetto than good schools location 2583 2585Most varieties of socialism implicitly assume unanimous agreement on goals location 2621 2622The organization of a capitalist society implicitly assumes that different people have different ends and that the institutions of the society must allow for that difference location 2625 2527Capitalism allows for a conflict of ends it does not reuire it location 2634 2635These arguments suggest that it may be possible to defend against foreign nations by voluntary means They do not prove that it will be location 2808 2809I do not approve of any government but I will tolerate one so long as the only other choice is another and worse government location 2816 2817It seems reasonable to suppose that there is no ruling class that we are ruled rather by a myriad of uarreling gangs constantly engaged in stealing from each other to the great impoverishment of their own members as well as the rest of us location 3004 3006government as a whole exists because most people believe it is necessary Most particular government activities beyond the most fundamental exist because they benefit some special interest at the cost of the rest of us location 3088 3089Either we follow a policy which makes it easy and profitable for any powerful nation to conuer us or we defend ourselves by means that are at least uestionable in terms of libertarian principles If we make the latter choice we are taking the position that if the only way to defend ourselves involves injuring innocent people we are entitled to do so location 4043 4045what we are observing is not the incompetence of the people making our foreign policy but their competence at achieving objectives other than the defense of the US most notably their own wealth and power location 4084 4086If an interventionist policy can be expected to work badly the obvious next uestion is whether a non interventionist policy can adeuately defend us If the answer is no then however skeptical we are of the government s ability to conduct an interventionist policy well we may have no alternative location 4102 4104a world in which major countries are responsible for their own defense is likely to be a good deal safer than one in which they depend on us location 4131 4132The fundamental problem with government money is not that government cannot provide stable money but that it is not always in its interest to do so Inflation via the printing press is a way in which the government can spend money without collecting taxes It may also be politically profitable as a device to benefit debtors at the expense of creditors location 4173 4175in the real world the alternative to laissez faire is not rule by benevolent and supremely competent dictator it is having decisions made on the political market instead of the private market location 4957 4958On the political market individual actors voters politicians lobbyists judges policemen almost never bear much of the cost of their actions or receive much of the benefit Hence market failure the exception on the private market is the rule on the political marketunderlying the market for law is an instinct threat game location 5094 5095Each person knows that he does not have sufficient resources to compel everyone else to grant him everything he believes he is entitled to An actual society a civil order embodies a set of compromises giving each participant enough of what he wants and believes he is entitled to get so that he does not find it worth trying with his allies to forcibly overthrow the system and substitute one closer to his desires location 5108 5111The surface of the earth was not created by any human being so nobody starts with a right to exclude any other human being from any part of it It follows that such exclusion is a rights violation It is however highly desirable that individuals be able to own land and exclude others from it since without private property in land the ways in which land can be used are very limited location 5268 5271The existence of easy migration makes welfare state policies less attractive with the result that levels of redistribution are likely to be lower location 5356 5357our knowledge of moral facts comes in the same way as our knowledge of physical facts and so has the same epistemological status a reasonable although not in either case certain basis for belief location 5599 5601

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  • The Machinery of Freedom: A Guide to Radical Capitalism
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  • 14 January 2019
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