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David D. Friedman Biography

Economist

David D. Friedman, born on February 12, 1945, is an accomplished economist known for his extensive research in the fields of law and economics. Friedman is renowned for his contributions to the theories of free markets and property rights.

Politics Freedom Liberty Libertarian Socialism Communism Anarchy Individualism Coercion Property Rights Collectivism State Statism Voluntaryism Individual Rights Non Aggression Principle Anarcho Capitalism

Author:David D. Friedman

“If almost everyone is in favor of feeding the hungry, the politician may find it in his interest to do so. But, under those circumstances, the politician is unnecessary: some kind soul will give the hungry man a meal anyway. If the great majority is against the hungry man, some kind soul among the minority still may feed him—the politician will not.”

Charity Libertarianism Welfare State

Book:The machinery of freedom: guide to a radical capitalism

Source: The machinery of freedom: guide to a radical capitalism

“Special interest politics is a simple game. A hundred people sit in a circle, each with his pocket full of pennies. A politician walks around the outside of the circle, taking a penny from each person. No one minds; who cares about a penny? When he has gotten all the way around the circle, the politician throws fifty cents down in front of one person, who is overjoyed at the unexpected windfall. The process is repeated, ending with a different person. After a hundred rounds everyone is a hundred cents poorer, fifty cents richer, and happy.”

Politics Public Choice Rent Seeking

Book:The machinery of freedom: guide to a radical capitalism

Source: The machinery of freedom: guide to a radical capitalism

“Part of freedom is the right of each of us to go to hell in his own fashion.”

Hell Fashion Go To Hell

Book:The machinery of freedom: guide to a radical capitalism

Source: The machinery of freedom: guide to a radical capitalism

“Launching Collins in the U.S. fulfills the original vision of the 1989 union of Harper & Row and William Collins. Publishing has clarified the many benefits of working as a global company. I believe that a true 21st century publisher is a global publisher. Harper Collins is well on its way.”

Way Believe Wells I Believe Company Vision Century Benefits Originals Unions Publishing 21st Century Publishers Launching Harper

Author:David D. Friedman

“Why don’t we have libertarian anarchy? Why does government exist? The answer implicit in previous chapters is that government as a whole exists because most people believe it is necessary.”

People Believe Doe Whole Government Answers Libertarian Anarchy Chapters Implicit

Book:The machinery of freedom: guide to a radical capitalism

Source: The machinery of freedom: guide to a radical capitalism

About the Author

Born: February 12, 1945
Known for: Economist
Quotes: 6

Books & Sources

The machinery of freedom: guide to a radical capitalismRelated source material

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David D. Friedman Biography

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