David D. Friedman Quote

Anarcho-capitalism is not by definition libertarian. It is rather a prediction, not a definition.

David D. Friedman

Anarcho-capitalism is not by definition libertarian. It is rather a prediction, not a definition.

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About David D. Friedman

David Director Friedman (born February 12, 1945) is an American economist, physicist, legal scholar, and anarcho-capitalist theorist. Although he studied chemistry and physics and not law or economics, he is known for his textbook writings on microeconomics and the libertarian theory of anarcho-capitalism, which is the subject of his most popular book, The Machinery of Freedom. Described by Walter Block as a "free-market anarchist" theorist, Friedman has also authored several other books and articles, including Price Theory: An Intermediate Text (1986), Law's Order: What Economics Has to Do with Law and Why It Matters (2000), Hidden Order: The Economics of Everyday Life (1996), and Future Imperfect (2008).