Section Eight: Insurance and Incentives

8. Insurance and Incentives

THIS BRINGS ON THE LAST PROBLEM. WE HAVE SEEN THAT JUST AS all property is private, all defense must be insured individually by capitalized insurance agencies, very much like industrial accident insurance. Yet, we have also seen that both forms of insurance differ in one fundamental respect. In the case of defense insurance, the location of the insured property matters. The premium per insured value will be different at different locations.

Section Nine: Insuring Against State Aggression

9. Insuring Against State Aggression

YET WHAT ABOUT DEFENSE AGAINST A STATE? HOW WOULD insurers protect us from state aggression?

Section Ten: Regaining Our Right to Self-Defense

10. Regaining Our Right to Self-Defense

I HAVE THUS COME FULL CIRCLE WITH MY ARGUMENT. FIRST, I HAVE shown that the idea of a protective state and state protection of private property is based on a fundamental theoretical error, and that this error has had disastrous consequences: the destruction and insecurity of all private property and perpetual war.

References

References

Anderson, Terry, and P.J. Hill. 1979. “The American Experiment in Anarcho-Capitalism: The Not So Wild, Wild West.” Journal of Libertarian Studies 3, no. 1.

Banfield, Edward C. 1974. The Unheavenly City Revisited. Boston: Little, Brown.

Benson, Bruce L. 1986. “Guns for Protection, and Other Private Sector Responses to the Government’s Failure to Control Crime.” Journal of Libertarian Studies 8, no. 1.

Back

image

Man vs. The Welfare State

Man vs. The Welfare State

Man vs. The Welfare State

Image

Man vs. The Welfare State

Title Page

Image

MAN

VS.

THE

WELFARE

STATE

Image

HENRY HAZLITT

ARLINGTON HOUSE            NEW ROCHELLE, N.Y.

Copyright Page

Image

THIRD PRINTING, JUNE 1970

Copyright © 1969 by Arlington House, New Rochelle, New York. All rights reserved. No portion of this book may be reproduced without written permission from the publisher, except by a reviewer who may quote brief passages in connection with a review.

Library of Congress Catalog Card Number 72-93457

SBN 87000-066-7

MANUFACTURED IN THE UNITED STATES OF AMERICA

Preface

Image