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The Man Who Coined "Anarcho-Capitalism"


Tags Philosophy and MethodologyPolitical Theory


Michael Oliver, the man who coined the term Anarcho-capitalism is interviewed on Jeff Berwick's Anarchast. Oliver is now a market technician, but over 40 years ago he wrote a book: The New Libertarianism: Anarcho-Capitalism. In the book he shows that Ayn Rand's objectivism needs the economics and political theory of Murray Rothbard. Oliver and Berwick talk about the history of the movement, the current state of the movement, the election of 2016 and optimistically conclude that it actually all began with Lew Rockwell!

Correction: It is probably Rothbard who coined the label.

Mark Thornton is a Senior Fellow at the Mises Institute and the book review editor of the Quarterly Journal of Austrian Economics. He has authored seven books and is a frequent guest on national radio shows.

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