At about 10 or 11 minutes John Papola has an interesting bit on how Murray Rothbard and David Friedman answered Hayek’s challenge envision an inspiring liberal utopia. But the whole thing is interesting. Papola is one of the creators of the Hayek vs Keynes rap videos.
Reddit Replies from John Papola from John Papola on Vimeo.
Iceland was neither an anarchy nor tribal. It had a legislature and a court system, although no executive arm of government. So the law was government made but privately enforced.
For details see:
http://www.daviddfriedman.com/Academic/Iceland/Iceland.html
Let me recommend David Friedman’s _The Machinery of Freedman_ which is now available free in PDF format on the web:
http://www.daviddfriedman.com/The_Machinery_of_Freedom_.pdf
David is a terrific writer and the book is truly mind opening.
And if you are interested in an outstanding popular introduction to price theory, nothing compares to David’s _Hidden Order_ .
Thanks for link, Greg. Thanks for the Iceland paper, David. I’ll read it. My reference was 4th hand, by way of loose memory from conversations. I haven’t read this work before.