01/10/2020The Journal of Libertarian StudiesDavid Dürr
The Murray Rothbard Memorial Lecture, delivered at the 2019 Austrian Economics Research Conference, discusses anarchistic arguments against the classical liberal and social democratic conceptions of the state.
Why should we think that government officials are better at acting “rationally” than those they regulate? Even if we were to concede that smoking deserves to be restricted, why should we think the government can do it in a reasonable way?
The conservative case against market freedom is based on the belief that if change disrupts the status quo in any way, or if companies impose cost reductions that result in a shifting of employment — or even some layoffs — then government should step in and take control.
The moral of this economic story is that whenever someone who has an incentive to lowball the burden of a tax is speaking or writing, be careful to look at what happens to take-home income as a better guide to policy.