The Private Production of Defense

TAGS War and Foreign Policy Political Theory  Hans-Hermann Hoppe takes on the most difficult subject in economic and political theory: the provision of security. He argues that the service is better provided by free markets than government, while addressing a hundred counter-arguments. Here we have an important updating of an argument rarely made even in the libertarian tradition. Narrated by Jim Vann. Download audio file  READ MORE

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The Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. These great thinkers developed praxeology, a deductive science of human action based on premises known with certainty to be true, and this is what we teach and advocate. Our scholarly work is founded in Misesian praxeology, and in self-conscious opposition to the mathematical modeling and hypothesis-testing that has created so much confusion in neoclassical economics.