If everyone drives on the right side of the road, isolated attempts to switch to the left side will be dangerous and probably unsuccessful. But if everyone drives on the left side of the road, the same danger exists for those who believe that the right side is superior and plan to act on their believe. Similarly, it is quite possible that given that a government exists, the existence of government is a stable equilibrium; but if a system of competitive protection firms existed, that too would be a stable equilibrium. In short, just because one equilibrium exists and is stable doesn't mean that it is the only possible equilibrium. Why then is the state so pervasive if it is just one possible equilibrium? The superiority of this equilibrium is one possible explanation; but it could also be due to ideology, or an inheritance from our barbarous ancestors.
Thursday, December 02, 2010
From Bryan Caplan's Anarchist Theory FAQ:
Posted by Al at 11:25 PM