Chaos Theory
Anarcho-capitalism is among the most advanced topics in the literature in the Austro-libertarian context. In Chaos Theory, Robert Murphy deals with this head-on and makes the first full contribution to this literature in the new century. The title itself refers to the supposed chaos that results from eliminating the state but Murphy shows that out of chaos grows ordered liberty. Anyone interested in exploring the farthest reaches of anarchist theory must come to terms with Murphy's account.
Working within a Rothbardian framework, Bob Murphy takes up the challenge of Hans Hoppe regarding the role of market insurance in property security to extend the analysis to the security of persons.
His applications are part empirical and part speculative, but unfailingly provocative, rigorous, and thoughtful.
This volume contains Foreword and Introduction by Jeremy Sapienza.
Part I covers Private Law and Part II covers Private Defense.