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1824RMM: Lindblom on Anarchy, State and Property

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  • Lahno Bernd
    Feb 6, 2014
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      RMM announces the publication of a new peer reviewed article in Vol 5, 2014, 1-12:

      Lars Lindblom

      Anarchy, State, and Property


      The fundamental function of the state is safeguarding the safety of its citizens. The combination of Nozick’s invisible hand explanation with his theory of justice implies that individuals can have full private property rights in the state. An individual with such property rights thus has the right to sell and destroy what he or she owns. This implies that it is perfectly fair to buy a state and dismantle it, thereby leaving citizens without protection. I conclude that Nozick’s theory of the state fails since it cannot guarantee the protection of its citizens’ safety. 

      This paper is a contribution to RMM's special topic 'Can the Social Contract Be Signed by an Invisible Hand?' edited by Bernd Lahno and Geoffrey Brennan.

      Please visit our Website at www.rmm-journal.de and choose the special topic or 'latest entries' from the menu.

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      The contributions to special topics appear like any other paper in the current volume of RMM. While the editors of a special topic determine a logical sequence for the papers, RMM publishes the papers as they become ready for publication. In order to see all the contributions to a special topic in their logical sequence, readers can switch  to the relevant special topic page.

      In principle, a special topic is an open-ended project. RMM's editors and the guest editors may decide to add further papers anytime. Moreover, all comments on papers of a special topic become part of the special topic. Since RMM publishes papers in the order they become ready for publication, the first papers to appear may be papers in the middle or at the end of the logical sequence chosen by the guest editors. The other papers will be listed with author and title and marked as "coming soon".

      Rationality, Markets and Morals (RMM) is an open access journal at the intersection of philosophy and economics. It addresses topics such as:

      • Foundational issues in decision theory, game theory and social choice theory
      • The ethics of the market
      • Problems in business ethics
      • The methodology of economics
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      Bernd Lahno, Editor RMM
      Frankfurt School of Finance & Management
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