Among the most advanced topics in the literature in the Austro-libertarian milieu is that which deals with the workings of the fully free society, that is, the society with no state, or anarcho-capitalism. Robert Murphy deals with this head on, and makes the first full contribution to this literature in the new century. Working within a Rothbardian framework, he takes up the challenge of Hans Hoppe regarding the role of market insurance in property security to extend the analysis to the security of person.
His applications are part empirical and part speculative, but unfailingly provocative, rigorous, and thoughtful. The title itself refers to the supposed chaos that results from eliminating the state but Murphy shows that out of chaos grows an ordered liberty. Anyone interested in exploring the farthest reaches of anarchist theory must come to terms with Murphy's account.
It only scratches the surface of anarcho-capitalist theory, those more adept may want to refer to some Rothbard or Hoppe, but Murphy does an excellent job in putting to rest some of the more common and elementary concerns and criticisms of market anarchism soundly and succinctly. Recommended.
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"Chaos Theory" Review from Amanda BillyRock on Vimeo
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