Caplan, Bryan; Stringham, Edward - In: The Review of Austrian Economics 16 (2003) 4, pp. 309-326
There is a tension between libertarians' optimism about private supply of public goods and skepticism of the viability of voluntary collusion (Cowen 1992, Cowen and Sutter 1999). Playing off this asymmetry, Cowen (1992) advances the novel argument that the “free market in defense services”...