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Welcome to Keith's night. 
Don't tread on anyone. 

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This is a book summary and 
Analysis of Chaos Theory by 

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Robert P. 
Murphy two essays on Market. 

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Anarchism essay. 
One is titled private law as a 

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to is titled private defense. 
The thesis of the book is a 

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system of private law, means 
that people who can't come to an

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agreement on their own will 
literally seek the opinion of a 

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third party similar to how 
today, Judges don't write laws, 

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make laws and pass laws a judge.
Renders an opinion from your 

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local judge, all the way up to a
supreme court. 

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Murphy's saying simply a system 
of voluntarily funded 

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competition is superior to the 
coercively funded Monopoly of 

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the state now that everything's 
going to be perfect. 

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He mentions in the introduction.
A question is the market. 

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Capable of defining and 
protecting property, rights 

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markets, do a lot of great 
things. 

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They distribute food, clothing 
medicine, pots, pans lights, 

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Furniture cups computers. 
Televisions Mouse is 

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microphones, can a free market 
defend and Define property 

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rights. 
Now, also, not only can they do 

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them. 
Of course, they'll fall short 

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because markets are made up of 
people. 

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Can they do so in an equal or 
better manner than the state 

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can? 
And he says, yes, the market 

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will not only be more efficient.
It would also be more Equitable.

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So how different is the power 
that I have from the power that 

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John McCain had when he was 
alive or me versus Ted Cruz or 

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me versus LC or me versus Donald
Trump. 

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Is a great power differential. 
They have the ability with their

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Pals and Congress to pass laws 
in force people to do things. 

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They otherwise wouldn't be able 
to do whereas. 

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Let's take me and Jeff Bezos. 
How much better is his TV than 

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mine. 
It's definitely better buzz it. 

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But is it like a hundred 
thousand times better? 

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Just because he's a hundred 
thousand times richer? 

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How much better words? 
His computer. 

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How much better is his food? 
How much better is his wine? 

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Granted? 
All of those are probably 

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better. 
But not much better. 

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There's more equality in the 
free market and there's less 

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equality when it comes to 
things. 

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Like courts, are rich person's 
much more likely to get off, 

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scot-free in court. 
Wealthier people have much 

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better schools than the state 
because the state doesn't try to

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appeal to a voluntary, 
purchasing customer basis. 

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Now, to essays on Market 
anarchism. 

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What does he mean? 
By anarchism? 

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He has the word chaos in the 
title will. 

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EU means word, Anarchy from the 
Greek prefix without, or the 

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absence of, and the Greek noun 
archon meeting master or ruler. 

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Anarchy, does not mean without 
rules. 

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It literally means without 
rulers without Masters. 

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Now, what is the difference 
between here are the rules in my

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house? 
Here are the rules in my 

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business and here are the rules 
of the country? 

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Well, they're different in size.
But that doesn't get to the 

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heart of the issue. 
The difference is a ruler claims

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the right to initiate violence. 
Jus when you have not 

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voluntarily contracted with them
on property, they have 

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voluntarily acquired, or 
acquired justly, through 

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original appropriation, that is 
the difference between here are 

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the rules of the hotel, and if 
you don't like America, you can 

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move to Guatemala. 
The print, the moral obligation 

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is not on me to leave the 
country but on status to stop 

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advocating the initiation of 
violence. 

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Murphy says, here are some 
examples of non-coercive 

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non-central planned things that 
we see in society language, who 

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invented language. 
What was that person's name? 

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Can I see those Maps? 
Well, this was something a 

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little more spontaneous who 
invented science. 

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Well, this is science is a 
process millions of people 

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engage in. 
We seek authorities Newton, 

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Einstein, Bill Nye, Neil 
deGrasse Tyson, we seek He's but

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none of them have the right to 
coercively rule us or initiate 

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violence against peaceful people
who who's in charge of 

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inventing, math, who invented 
the Arts or movies or plays or 

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paintings? 
Well, these are a lot of things 

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that are row. 
Spontaneously money, the medium 

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of exchange who invented 
philosophy. 

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How is the central planning of 
philosophy? 

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Who decides on what is 
historically accurate? 

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A lot of these things are done 
through what's referred to, as 

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As spontaneous order, the usual 
example, is the pencil who 

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invented the pencil. 
Well, literally no one can make 

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it because it involves granite 
and involves just take wood 

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alone. 
Who chops down the wood. 

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So, do the people who chopped 
down the wood, are they, the 

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inventors of the pain? 
Well, no, because they can't get

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there without driving there. 
So it's them and the people who 

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made the cars, but the people 
who make the cars by the tires. 

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You invented the tires. 
Well, how do those people live? 

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They live off food who invented 
that food. 

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Another words. 
There is no one person or group 

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of people planning. 
All the things that lead to the 

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pencil being created. 
But there's a lot of different 

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steps and a lot of people 
involved. 

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So, and it's so complex that you
can't have a central planner if 

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you want anything like this to 
be successful Murphy. 

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Asks now consider before we get 
into how laws going to work in 

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the absence of Of a state or a 
coercively funded Monopoly. 

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Have you ever gone to a 
different city, Las Vegas? 

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Have you ever gone to a 
different city without reading? 

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All the rules, and all the laws 
and all the legislation in that 

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city. 
Did you enter that City and not 

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know what to do? 
Everyone's killing each other 

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because no one's read the laws. 
Well, no, you can go from City 

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to City without reading laws. 
I recently went to Las Vegas to 

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see the Criss Angel show. 
I read zero of the law. 

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I was, and I didn't, there 
wasn't shooting. 

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There wasn't violence, or wasn't
killing. 

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They were just people trading. 
All right. 

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Well, that's on the city. 
Basis. 

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What if You go to like a totally
different state on the total 

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other side of the country. 
New York. 

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Do you have to sit there and 
read the laws this way? 

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You know what the laws are this 
way? 

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You can cooperate and exchange 
with people know the law is an 

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arbitrary thing. 
That's written down on paper 

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that people don't even know what
it means in the first place in 

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America. 
We have the First Amendment 

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which in short says, Congress 
shall make no law, respecting an

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establishment of religion or 
prohibiting the free exercise 

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thereof or abridging the freedom
of speech, or of the press, or 

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of the right of the people 
peaceably to assemble and to 

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petition, the government for a 
redress of grievances. 

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Now, let's say you have a law 
that is so plain and simple. 

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What does that La mean? 
Does that? 

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I mean, you can't burn an 
American flag. 

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That's what some judges say. 
Some judges say that means you 

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can't scream fire in a crowded 
theater. 

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Some mean, some judges say that 
that freedom of speech, law 

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means you can't share secrets 
with quote the enemy in a time 

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of War. 
It also means you can't plan to 

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overthrow the state. 
It also means you can't libel 

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someone. 
It also means you can't publish 

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threats. 
Someone also means you can't 

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slander people. 
I mean, how many is that implied

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at all in that law? 
No. 

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So the idea that law is this 
objective thing that exists and 

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if we don't have its current 
objectivity with the state's 

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Infinite Wisdom, then we just 
have this this chaotic. 

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No one knows what to do, 
lawlessness. 

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No, not at all. 
I've actually even been to a 

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different continent. 
I've been to Italy. 

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I read none of the laws. 
I hardly knew who Mussolini was 

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didn't know who the Prime 
Minister was. 

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I went there and for about a 
week, I went to Cinque Terre, 

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Rome and Florence and know 
terrible things happened. 

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I made 50 exchanges between 
shops restaurants. 

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I stayed at a hotel. 
I took a bus tour. 

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Met people went to a bar, went 
to a karaoke place all without 

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reading the laws. 
Does government really establish

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a law that everyone knows? 
And once you cross this place, 

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your subject to different laws 
and thankfully there are laws or

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else there would be chaos. 
No, same things applies to even 

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go further east, go to Russia. 
Oh, before I go. 

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I have to read what Putin and 
the KGB tell us to do when 

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really, this is an idea promoted
by John has nests, where he has 

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a article titled, the myth of 
the rule of law where he He 

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defines Anarchy, Anarchy refers 
to a society. 

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Without a central political 
Authority, as we can see Las 

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Vegas, New York. 
Italy, and Russia are in a state

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of Anarchy because there's no 
United Nations, you know, run by

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the pope, who decides every law,
there should be because then 

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there's chaos between countries.
But it also used to refer to 

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disorder or chaos. 
This constitutes a textbook 

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example of orwellian Newspeak, 
in which a I think the same name

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to two different concepts, 
effectively Narrows the range of

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thought. 
For if a lack of government is 

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identified with the lack of 
order. 

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No one will ask whether lack of 
government actually results in a

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lack of order. 
And this unon quiz itive mental 

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attitude is absolutely essential
to the case for the state. 

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For if people were ever to 
seriously question, whether 

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government is really productive 
of order popular support. 

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Support for government would 
almost instantly collapse. 

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John has Nest professor of law 
at Georgetown University. 

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Now again, we are back to the 
two ways of arranging an 

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industry. 
You we could have voluntarily 

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funded competition or we could 
have a coercively funded 

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Monopoly. 
The first example, Robert Murphy

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gives is the example of a 
contract. 

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He says, well, it's very likely 
according to how humans 

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currently act in their 
self-interest that an employer 

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May. 
Right out of contract and says 

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anyone who wants to be an 
employee earn money. 

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So they could exchange goods in 
the marketplace. 

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Will say, I hereby vow to not 
steal from company X signed the,

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you know, arbitration company. 
Why? 

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Now, there is something to keep 
in mind. 

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When discussing, you know, 
privately voluntarily funded 

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competing agencies, is the 
fallacy of unobtainable 

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perfection. 
This is when the arguments for 

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and against courses of actions 
are assessed. 

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It is important to remember that
the choice has to be made, but 

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made from the available 
Alternatives, all of them might 

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be criticized for their 
imperfections as might the 

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status quo. 
So another words. 

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What if an unjust law is passed.
Yeah, that could definitely 

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happen. 
What if an unjust law is just 

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randomly enforced by a firm. 
Yeah, that is definitely 

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something that can happen. 
Both under private law and under

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statism law. 
Do you agree with all the laws 

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that all the governments of 
past, all the mass murder, all 

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the Wars, all the kidnapping, 
all the enslavement, under the 

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guise of a draft of a theft 
under? 

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Taxation. 
Yeah, private firms might pass 

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unjust laws. 
That's why it's so important for

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us to recognize that they don't 
have rights. 

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Any other person or group of 
persons have. 

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Unless one of the options is 
perfect. 

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The imperfections of the others 
are insufficient grounds for 

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rejection, 's well what if 
there's two firms and they don't

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agree on stuff and then they 
just like, start shooting out. 

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All right. 
I don't think that will happen. 

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Because violence is expensive. 
So they have every incentive or 

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much more of an incentive than 
States due to go to war. 

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You're more likely to go to war 
when taxpayers don't have the 

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ability to opt out, but you 
know, who else goes to war 

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governments, you know, who else 
saw quote solves things by using

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violence governments, the 
fallacy of unobtainable 

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perfection is committed when 
the, when lack of perfection is 

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urged as a basis for rejection. 
Even None of the Alternatives is

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perfect either. 
Now, Robert Murphy asked us to 

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sort of use a real world. 
Example of dictionaries saying 

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there is no, there is currently,
no government-imposed dictionary

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committee where they tell us 
what, all the words mean. 

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So we kind of live in language 
and our key. 

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Now think of how dangerous this 
is. 

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I asked you for Something you 
say you'll give it to me and you

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00:13:53,800 --> 00:13:55,500
give me something totally 
different. 

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00:13:56,100 --> 00:13:59,300
And then I say I'm going to 
murder you and by murder. 

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00:13:59,500 --> 00:14:02,800
I mean give you a sandwich and 
no one knows what we mean. 

234
00:14:03,000 --> 00:14:07,300
We this is not something we 
actually experience even though 

235
00:14:07,300 --> 00:14:09,000
this is what we're told will 
happen. 

236
00:14:09,200 --> 00:14:13,100
If we don't have a coercively 
funded Monopoly telling us all 

237
00:14:13,700 --> 00:14:17,600
what laws to obey well the same 
thing applies with language. 

238
00:14:17,600 --> 00:14:19,700
So look at all these different 
dictionaries. 

239
00:14:19,900 --> 00:14:22,500
We have we Webster's. 
We have Oxford. 

240
00:14:23,300 --> 00:14:27,300
We have Merriam-Webster. 
We have Cambridge WordPress. 

241
00:14:27,900 --> 00:14:30,700
There's even the Urban 
Dictionary. 

242
00:14:30,700 --> 00:14:33,600
So what is long mean? 
Define long! 

243
00:14:33,600 --> 00:14:35,600
Explain? 
What something is long? 

244
00:14:36,000 --> 00:14:37,300
What is a mouse? 
Do? 

245
00:14:37,300 --> 00:14:38,800
You mean like the mouse for our 
computer? 

246
00:14:39,300 --> 00:14:41,600
Do you mean like there's a mouse
in my house? 

247
00:14:41,600 --> 00:14:44,000
And this is terrible. 
No one's going to know what we 

248
00:14:44,000 --> 00:14:46,500
mean. 
Therefore a state needs to 

249
00:14:46,500 --> 00:14:49,600
coercively? 
Tell us what words mean? 

250
00:14:49,600 --> 00:14:52,100
What? 
Well, no, we're okay. 

251
00:14:52,400 --> 00:14:55,900
Living in a world of anarchic 
definitions. 

252
00:14:56,100 --> 00:15:01,800
Now, Robert Murphy asks us to 
consider the incentives behind 

253
00:15:01,800 --> 00:15:05,900
the state providing law and 
private firms, providing law. 

254
00:15:06,200 --> 00:15:11,700
Well, there's a much wider range
of customers that you have an 

255
00:15:11,700 --> 00:15:15,000
incentive to provide for when 
you're a private firm. 

256
00:15:15,000 --> 00:15:19,600
So, in other words, let's say 
you have a or this also applies 

257
00:15:19,600 --> 00:15:24,300
to his Fence analysis, we're 
going to provide security and 

258
00:15:24,300 --> 00:15:27,000
it's going to cost someone a 
hundred thousand dollars a year.

259
00:15:27,500 --> 00:15:29,300
Well, some people might buy 
that. 

260
00:15:29,300 --> 00:15:33,500
However, you are narrowing 
yourself to a microscopic 

261
00:15:33,500 --> 00:15:36,900
percentage of the populace. 
Private firms. 

262
00:15:36,900 --> 00:15:41,200
Have a profit incentive to make 
their services available to The 

263
00:15:41,200 --> 00:15:44,000
Wider range of people. 
It's like, saying we can't have 

264
00:15:44,000 --> 00:15:46,800
private cars because everyone's 
just going to make Lamborghinis.

265
00:15:47,200 --> 00:15:50,400
Well, we can't have a private 
water transportation. 

266
00:15:50,500 --> 00:15:54,200
Station because the only 
companies are going to make 

267
00:15:54,200 --> 00:15:58,300
yachts and give it to the rich. 
So the idea that we'll only the 

268
00:15:58,300 --> 00:16:01,900
rich will have schools, if 
education's privatized will only

269
00:16:01,900 --> 00:16:06,300
the rich will have security if 
there's private policing, but 

270
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that, of course, is ridiculous. 
We could look at the cost of TV 

271
00:16:10,000 --> 00:16:15,100
sets and the cost of computers 
as examples of these things are 

272
00:16:15,100 --> 00:16:18,100
much more in the free market 
than they are controlled by the 

273
00:16:18,100 --> 00:16:19,500
state. 
Whereas healthcare's more 

274
00:16:19,900 --> 00:16:23,200
controlled. 
The state, according to the 

275
00:16:23,200 --> 00:16:27,100
conscience of a liberal book by 
Paul Krugman about 44, percent 

276
00:16:27,500 --> 00:16:33,500
of healthcare spending, is 
controlled by Medicare Medicaid.

277
00:16:33,600 --> 00:16:37,100
The veterans association and 
other state programs. 

278
00:16:37,100 --> 00:16:40,200
Where is about? 
36 is private insurance. 

279
00:16:40,200 --> 00:16:42,900
So we have the state heavily 
involved in things where prices 

280
00:16:42,900 --> 00:16:46,300
constantly go up in a free 
market, you have competitors. 

281
00:16:46,300 --> 00:16:50,700
You have an incentive to engage 
in trade research and Moment, 

282
00:16:50,700 --> 00:16:53,200
you're trying to get a lot of 
consumers to buy a product. 

283
00:16:53,200 --> 00:16:56,400
So you'll have a lower price. 
That's why the more free market.

284
00:16:56,700 --> 00:17:00,900
The more people are happy and 
you meet a wider range of 

285
00:17:00,900 --> 00:17:03,600
consumer demand the state. 
You can't opt out of that's why 

286
00:17:03,600 --> 00:17:07,000
they produce absolute shit. 
You also have a profit and loss 

287
00:17:07,000 --> 00:17:12,000
system. 
Now if people are able to not 

288
00:17:12,000 --> 00:17:15,599
fund something that they don't 
find Value in, it is sad, but 

289
00:17:15,599 --> 00:17:18,599
they will go out of business. 
Only about twelve percent of 

290
00:17:18,599 --> 00:17:24,700
businesses that were In the 
Fortune 500 and 1955 were in The

291
00:17:24,700 --> 00:17:29,700
Fortune, 500 in the year 2016. 
So in other words, when people 

292
00:17:29,700 --> 00:17:32,800
don't like something not 
funding, it is a much better 

293
00:17:32,800 --> 00:17:35,700
mechanism of seeing whether or 
not they approve of those 

294
00:17:35,700 --> 00:17:38,500
product or service. 
Then saying every four years, 

295
00:17:38,500 --> 00:17:41,000
you get to vote between two 
Crooks who you're totally 

296
00:17:41,000 --> 00:17:44,800
ignoring about both of whom work
for the trilateral commission or

297
00:17:44,800 --> 00:17:47,300
Skull and Bones. 
Well, it's important that you're

298
00:17:47,300 --> 00:17:52,500
able to opt out. 
So, It's also important to 

299
00:17:52,500 --> 00:17:58,400
remember that in here are 
companies like Raytheon Pfizer 

300
00:17:58,600 --> 00:18:02,000
Northrop, Grumman locky, 
Lockheed Martin. 

301
00:18:02,000 --> 00:18:04,400
Did I say that? 
Dupont? 

302
00:18:04,400 --> 00:18:09,300
You have Boeing. 
You have all these places all 

303
00:18:09,300 --> 00:18:15,000
these organizations that get a 
lot of their funding from the 

304
00:18:15,000 --> 00:18:17,800
state. 
So State intervention makes 

305
00:18:18,100 --> 00:18:20,400
forces us to fund things. 
We might Otherwise not 

306
00:18:20,400 --> 00:18:23,600
voluntarily purchased therefore 
without the state. 

307
00:18:23,700 --> 00:18:25,900
There'd be more competition. 
There would be more consumer 

308
00:18:25,900 --> 00:18:28,500
Choice. 
Everything you could criticize 

309
00:18:28,500 --> 00:18:33,400
about well, but private firms. 
Might do bad thing X. 

310
00:18:33,700 --> 00:18:37,900
Well, yeah that also applies to 
government what private firms 

311
00:18:37,900 --> 00:18:39,800
might just go around murdering 
people. 

312
00:18:40,000 --> 00:18:43,500
Yeah, look, research demo side. 
And look at all the genocides of

313
00:18:43,500 --> 00:18:46,800
the 20th century that 
governments, democracies, 

314
00:18:46,800 --> 00:18:49,500
monarchies fascist, and 
communist have in. 

315
00:18:49,700 --> 00:18:54,500
Engaged in and you'll see that 
it's much better for us to have 

316
00:18:55,300 --> 00:18:58,800
a system that people can opt out
of funding and voluntarily 

317
00:18:58,800 --> 00:19:02,900
choose to exchange with. 
Then it is to say, everyone has 

318
00:19:02,900 --> 00:19:06,600
to be part of this group, but 
the Koch brothers are corrupt. 

319
00:19:06,900 --> 00:19:09,200
Well, everything you can 
control. 

320
00:19:09,800 --> 00:19:13,000
You can say is terrible about 
one organization. 

321
00:19:13,400 --> 00:19:17,300
They in a state of society, will
have the ability to influence 

322
00:19:17,300 --> 00:19:21,000
the state. 
So that Is why it's much better 

323
00:19:21,000 --> 00:19:24,900
to have voluntarily funded 
competition than a coercively 

324
00:19:24,900 --> 00:19:28,600
funded Monopoly. 
Robert Murphy then says, we 

325
00:19:28,600 --> 00:19:35,000
might imagine now, before we 
start criticizing this, this is 

326
00:19:35,000 --> 00:19:37,700
what someone who has studied the
field. 

327
00:19:37,800 --> 00:19:41,200
Imagines things might look like,
he's giving a possible 

328
00:19:41,200 --> 00:19:43,500
alternative. 
Of course, he doesn't know how 

329
00:19:43,500 --> 00:19:46,700
seven people are going to 
interact when they stopped 

330
00:19:46,700 --> 00:19:50,200
recognizing politicians, have 
extra rights, and Very people. 

331
00:19:50,300 --> 00:19:53,800
He's saying this is a possible 
alternative that is morally and 

332
00:19:53,800 --> 00:19:57,000
economically Superior to 
statism. 

333
00:19:57,000 --> 00:20:03,600
Now think of insurance 
companies, where if they will 

334
00:20:03,600 --> 00:20:09,100
pay you if you are not defended 
or someone commits some sort of 

335
00:20:09,100 --> 00:20:12,400
fraud, violence or act of 
aggression against you instead 

336
00:20:12,400 --> 00:20:14,900
of a state, the insurance would 
pay out. 

337
00:20:15,800 --> 00:20:18,400
Therefore the insurance 
companies have an incentive to 

338
00:20:18,400 --> 00:20:21,100
make sure you're protected and 
would cooperate with defense 

339
00:20:21,100 --> 00:20:25,200
organizations to make sure there
is protection in a certain, 

340
00:20:25,200 --> 00:20:27,700
geographical area or wherever 
you go. 

341
00:20:28,000 --> 00:20:31,900
Most people will spend their 
lives without violence being 

342
00:20:31,900 --> 00:20:35,400
initiated. 
So the insurance companies are 

343
00:20:35,400 --> 00:20:38,000
much more likely to make money 
in the long term than have to 

344
00:20:38,000 --> 00:20:40,600
pay out there for. 
We could see insurance 

345
00:20:40,600 --> 00:20:44,800
companies, replacing the state 
as a private moral. 

346
00:20:45,200 --> 00:20:50,000
Ellen Terry replacement. 
Now think of contracts that you 

347
00:20:50,000 --> 00:20:55,000
make with insurance companies. 
My health care and my car 

348
00:20:55,000 --> 00:20:57,800
insurance last one year with the
state. 

349
00:20:58,100 --> 00:21:03,000
It's four years of a contract. 
You can't opt out of and you get

350
00:21:03,000 --> 00:21:07,200
a one-in-a-million shot at 
affecting the outcome. 

351
00:21:07,300 --> 00:21:09,300
Assuming the outcome is 
legitimate. 

352
00:21:09,300 --> 00:21:12,800
God only knows how the votes are
really counted at least with 

353
00:21:12,800 --> 00:21:15,000
insurance companies. 
It's only one year. 

354
00:21:15,200 --> 00:21:17,500
And if you're not happy at the 
end of one year, you can opt out

355
00:21:17,500 --> 00:21:22,500
and say, hey, I'm going to Aetna
or Humana or Cigna or United one

356
00:21:22,700 --> 00:21:28,200
or AIG or State Auto or any of 
the other things that you can go

357
00:21:28,200 --> 00:21:30,500
with. 
He says, now the objection might

358
00:21:30,500 --> 00:21:32,600
come. 
Well, how are all these places 

359
00:21:32,600 --> 00:21:34,600
going to interact with each 
other? 

360
00:21:34,600 --> 00:21:40,100
We need a state to monopolize 
because you can't have if a and 

361
00:21:40,100 --> 00:21:43,400
b getting in a disagreement, 
they're just going to go to war 

362
00:21:43,400 --> 00:21:45,100
and no one cooperates in a free 
market. 

363
00:21:45,200 --> 00:21:49,100
Market, well, we have a lot of 
examples of different 

364
00:21:49,100 --> 00:21:53,300
competitors. 
Cooperating in a free market. 

365
00:21:53,300 --> 00:21:56,400
Just think of, I don't know. 
Olive Garden, how many 

366
00:21:56,500 --> 00:22:00,300
organizations do that? 
They compete against a Red Robin

367
00:22:00,300 --> 00:22:03,900
and Red Lobster. 
Why she's Mongolian Grill, but 

368
00:22:03,900 --> 00:22:08,500
in order to be a business, they 
have to cooperate with the 

369
00:22:08,500 --> 00:22:10,400
people who build the building, 
the people who make the 

370
00:22:10,408 --> 00:22:13,100
silverware, the people who make 
the napkins, the employees, the 

371
00:22:13,100 --> 00:22:16,300
customers, the people who make 
the salad that Who grow the 

372
00:22:16,300 --> 00:22:20,600
olives, the tomatoes, you have 
millions and millions of people,

373
00:22:20,600 --> 00:22:23,800
you voluntarily cooperate with 
because it's in your interest to

374
00:22:23,800 --> 00:22:26,100
provide a final good to the 
customer. 

375
00:22:26,700 --> 00:22:30,300
Therefore. 
This is not going to be totally 

376
00:22:30,300 --> 00:22:34,600
different. 
If we extend legal systems to 

377
00:22:34,600 --> 00:22:38,000
the private Market, people and 
organizations are going to 

378
00:22:38,000 --> 00:22:41,200
cooperate with other firms. 
Just as Allstate, and 

379
00:22:41,200 --> 00:22:44,600
Progressive and State Farm 
interact with each other. 

380
00:22:45,300 --> 00:22:50,800
To provide customers with 
verdicts voluntarily just as 

381
00:22:50,800 --> 00:22:55,900
Citibank Bank of America, Wells,
Fargo, PayPal, these places all 

382
00:22:55,900 --> 00:22:59,600
cooperate with one another 
American Express in order to 

383
00:22:59,600 --> 00:23:02,900
make sure that payments can go 
through smoothly. 

384
00:23:03,300 --> 00:23:07,800
So there's a built-in incentive 
for private companies to 

385
00:23:08,600 --> 00:23:12,400
cooperate with each other and 
this decreases the likelihood 

386
00:23:12,400 --> 00:23:16,500
that violence will erupt. 
And Ours will be much more 

387
00:23:16,500 --> 00:23:20,900
happier as a result. 
All property is privately owned.

388
00:23:21,000 --> 00:23:23,000
Dr. Murphy reminds us of another
words. 

389
00:23:23,400 --> 00:23:30,600
So in a state of statism 
generally, you have areas that 

390
00:23:30,600 --> 00:23:33,300
this is owned by the public to 
find the public. 

391
00:23:33,300 --> 00:23:36,700
So is that me if I'm the public 
and I own it, I can do whatever 

392
00:23:36,700 --> 00:23:39,600
the heck I want on it. 
There are many more disputes 

393
00:23:39,600 --> 00:23:42,400
when something is quote 
publicly, which just means owned

394
00:23:42,400 --> 00:23:45,500
by the state. 
Then if things were I've ately 

395
00:23:45,500 --> 00:23:47,700
owned when it's privately owned.
There's much more of an 

396
00:23:47,700 --> 00:23:51,100
incentive to make sure people 
are not initiating violence. 

397
00:23:51,500 --> 00:23:55,600
People are not stealing people 
are not engaging in any 

398
00:23:55,600 --> 00:24:00,300
degenerate acts that might lower
the value of the property or 

399
00:24:00,300 --> 00:24:03,600
make the community look bad. 
So there's an incentive to make 

400
00:24:03,600 --> 00:24:06,100
sure that things are going right
now, when no one owns it. 

401
00:24:06,500 --> 00:24:10,200
Well, there's much less of an 
incentive. 

402
00:24:10,700 --> 00:24:14,300
Do you feel safer on government 
property than private property? 

403
00:24:14,500 --> 00:24:19,200
I mean That is definitely 
something up for debate. 

404
00:24:19,300 --> 00:24:22,600
Either way claiming that a 
state-owned something does not 

405
00:24:22,700 --> 00:24:26,700
necessarily increase the amount 
of safety you have in that area.

406
00:24:27,200 --> 00:24:31,100
Also, private firms are much 
less likely to go to war with 

407
00:24:31,100 --> 00:24:35,000
one another or to cage people 
for victimless crimes. 

408
00:24:35,300 --> 00:24:40,400
I mean Citibank or 
UnitedHealthcare. 

409
00:24:41,200 --> 00:24:44,900
Kidnapping millions of people 
for gambling drugs. 

410
00:24:45,100 --> 00:24:47,600
Prostitution. 
It just doesn't make economic 

411
00:24:47,600 --> 00:24:50,000
sense. 
Despite the moral factors that 

412
00:24:50,000 --> 00:24:52,700
go into it. 
Consider just the cost of War to

413
00:24:52,700 --> 00:24:55,700
the United States in Iraq and 
Afghanistan. 

414
00:24:56,000 --> 00:25:01,200
Let alone, the Cold War World 
War to World War 1. 

415
00:25:01,700 --> 00:25:05,100
The Spanish-American War, 
Medicare, Medicaid, Social 

416
00:25:05,100 --> 00:25:07,200
Security. 
All these things to initiate 

417
00:25:07,200 --> 00:25:10,700
violence against peaceful, 
people is very expensive and 

418
00:25:10,700 --> 00:25:12,500
your employees are likely to 
die. 

419
00:25:12,600 --> 00:25:15,000
You're more likely to develop a 
bad reputation. 

420
00:25:15,300 --> 00:25:19,200
So all these terrible things 
that are very costly, both 

421
00:25:19,500 --> 00:25:22,400
financially and to your 
reputation, you have much more 

422
00:25:22,400 --> 00:25:27,200
of an incentive to engage in 
peace then violence, but if we 

423
00:25:27,200 --> 00:25:29,900
don't have a government, the 
mafia is going to take over. 

424
00:25:31,000 --> 00:25:34,800
This is something that dr. 
Murphy responds to now. 

425
00:25:35,100 --> 00:25:38,800
Consider. 
What is the mafia do the mafia? 

426
00:25:38,800 --> 00:25:43,200
Let's take the 1920s in America.
Really what they did they were 

427
00:25:43,200 --> 00:25:45,900
referred to as Bootleggers who? 
Would get together in 

428
00:25:45,900 --> 00:25:52,100
speakeasies and people, like Al 
Capone would sell distribute 

429
00:25:52,100 --> 00:25:55,300
transport alcohol, and they were
very violent. 

430
00:25:55,300 --> 00:25:57,500
Now. 
Why are those people not around 

431
00:25:57,500 --> 00:26:00,800
today? 
Why is the Budweiser CEO not 

432
00:26:00,800 --> 00:26:04,600
doing drive-bys to the Bud? 
Light CEO, who's planting bombs 

433
00:26:04,600 --> 00:26:08,300
in the Smirnoff building? 
Well because there is no threat 

434
00:26:08,300 --> 00:26:12,800
of a state trying to cage people
for engaging in such activities 

435
00:26:13,200 --> 00:26:15,500
when there is a Black Market. 
Silence. 

436
00:26:15,500 --> 00:26:19,400
Then you rubs where it would, 
otherwise be something of 

437
00:26:19,400 --> 00:26:22,500
voluntary exchange. 
So, where does the mafia go in 

438
00:26:22,500 --> 00:26:25,700
the free market? 
Is there a computer Mafia, a 

439
00:26:25,700 --> 00:26:30,700
food Mafia, a stove, Mafia know 
it's gambling, drugs, 

440
00:26:30,900 --> 00:26:32,900
prostitution. 
All these things. 

441
00:26:32,900 --> 00:26:38,000
The state has made illegal 
people who are able to engage in

442
00:26:38,300 --> 00:26:43,000
riskier Behavior, do this and do
these types of things. 

443
00:26:43,500 --> 00:26:49,200
And when you have say the Drug 
cartel, the most evil violent 

444
00:26:49,200 --> 00:26:51,300
people are attracted and it's so
risky. 

445
00:26:51,300 --> 00:26:54,300
They're so worried about being 
caught by the cops and being 

446
00:26:54,300 --> 00:26:57,500
caged for Life. 
The prices increase much more 

447
00:26:57,800 --> 00:26:59,500
because there's so much more 
danger. 

448
00:26:59,500 --> 00:27:02,500
When there's more danger. 
They get more violent at people 

449
00:27:02,500 --> 00:27:06,800
they see as a threat to them, 
AKA competitors or rats, people 

450
00:27:06,800 --> 00:27:09,700
who tell on them. 
So they engage in more violence.

451
00:27:10,100 --> 00:27:15,000
The reason they're such a mafia 
problem or a gang problem is 

452
00:27:15,100 --> 00:27:17,700
Those of the state. 
And also really there's 

453
00:27:17,700 --> 00:27:21,400
amateurs, intermediates 
professionals and then the 

454
00:27:21,400 --> 00:27:23,200
people who are really calling 
the shots. 

455
00:27:23,400 --> 00:27:27,400
If a gangster is, someone who 
uses violence or intimidation to

456
00:27:27,400 --> 00:27:29,400
get what they want from peaceful
people. 

457
00:27:29,700 --> 00:27:32,100
I think politicians, the 
Rothschilds, and the 

458
00:27:32,100 --> 00:27:36,700
Rockefellers of the world are 
much more of a problem than your

459
00:27:36,700 --> 00:27:39,200
average drug dealer, who, of 
course, wouldn't exist in a free

460
00:27:39,200 --> 00:27:41,800
market. 
People would buy much safer, 

461
00:27:41,800 --> 00:27:44,600
more effective things just like,
they don't buy poisoned. 

462
00:27:45,000 --> 00:27:48,300
Sign from Al Capone. 
Now, that alcohol is legal. 

463
00:27:48,300 --> 00:27:51,200
They wouldn't buy, you know, 
these terrible, crystal meth 

464
00:27:51,500 --> 00:27:53,500
crocodile things that each arm 
off. 

465
00:27:54,400 --> 00:27:58,700
So the critic might say, so the 
state will basically be State 

466
00:27:58,700 --> 00:28:01,700
Farm or Allstate. 
So you're not really making any 

467
00:28:01,700 --> 00:28:03,600
difference. 
You're just exchanging one from 

468
00:28:03,900 --> 00:28:05,000
another. 
Yeah. 

469
00:28:05,200 --> 00:28:09,000
Allstate our State Farm is 
basically idiom mean or Saddam 

470
00:28:09,100 --> 00:28:14,500
or Genghis Khan or Hitler, or Ho
Chi Minh or Mouse a tongue or 

471
00:28:14,500 --> 00:28:16,500
Joseph? 
Yep, this is the same thing. 

472
00:28:16,800 --> 00:28:21,000
Well, of course not, if you just
want to go by history, death by 

473
00:28:21,000 --> 00:28:24,900
Corporation versus death, by 
government death by free market 

474
00:28:24,900 --> 00:28:27,500
versus death by statism. 
It's not even close. 

475
00:28:27,800 --> 00:28:32,500
So if you're just a, utilitarian
you need to look at this as an 

476
00:28:32,500 --> 00:28:36,200
absolute improvement from 
statism. 

477
00:28:36,600 --> 00:28:41,800
Here is what one researcher 
says, what makes the state, a 

478
00:28:41,800 --> 00:28:45,300
state? 
And how we know if were Aging 

479
00:28:45,300 --> 00:28:49,800
with a government or not. 
He says the illegitimate see of 

480
00:28:49,800 --> 00:28:53,900
the state. 
Rests on the fact that it 

481
00:28:53,900 --> 00:28:57,000
exercises control over resources
that it's agents. 

482
00:28:57,000 --> 00:29:01,000
Never acquired through original 
appropriation or voluntary 

483
00:29:01,000 --> 00:29:03,700
exchange and it does. 
So, without the consent of the 

484
00:29:03,700 --> 00:29:06,300
rightful owners of said, 
resources. 

485
00:29:07,000 --> 00:29:10,200
That is the principal difference
between here are the rules at 

486
00:29:10,200 --> 00:29:12,700
Disneyland. 
Here are the rules in America. 

487
00:29:13,100 --> 00:29:14,700
Yes, they're very different in 
size. 

488
00:29:14,700 --> 00:29:17,700
But that is avoiding the root. 
That's not the actual reason 

489
00:29:18,500 --> 00:29:20,200
that makes government 
legitimate. 

490
00:29:21,400 --> 00:29:26,100
Rather this what makes the state
unique and what makes dr. 

491
00:29:26,100 --> 00:29:30,300
Murphy's position. 
Not a status position is the 

492
00:29:30,300 --> 00:29:35,300
company's he says may replace 
the state in forms of security 

493
00:29:35,300 --> 00:29:37,700
and law. 
They do not have any extra 

494
00:29:37,700 --> 00:29:39,900
rights that other people don't 
have. 

495
00:29:39,900 --> 00:29:43,100
They just specialize in certain 
areas just as one might 

496
00:29:43,100 --> 00:29:47,300
specialize in Science, History, 
language mathematics 

497
00:29:48,500 --> 00:29:53,200
architecture. 
They have more Voluntary social 

498
00:29:53,200 --> 00:29:56,600
Authority, more of a recognized 
valuable opinion, but they have 

499
00:29:56,600 --> 00:29:59,200
no more rights. 
Whereas today, politicians have 

500
00:29:59,200 --> 00:30:01,600
rights other people. 
Don't the right to draft people 

501
00:30:01,600 --> 00:30:04,900
the right to wage war, the right
to tax the right to regulate, 

502
00:30:04,900 --> 00:30:07,300
the right to force your kids to 
go to school Etc. 

503
00:30:08,600 --> 00:30:13,600
So no, this is not saying we're 
replacing a government state 

504
00:30:13,600 --> 00:30:18,000
with an insurance State. 
The same thing both times, you 

505
00:30:18,000 --> 00:30:20,100
have power. 
No, that's a totally fundamental

506
00:30:20,100 --> 00:30:24,700
to Sunder misunderstanding of 
philosophy and reality. 

507
00:30:25,200 --> 00:30:28,100
Now the ultimate check and 
balance the status might say 

508
00:30:28,100 --> 00:30:30,800
well we had monarchy and that 
was bad. 

509
00:30:30,800 --> 00:30:32,600
But today we have checks and 
balances. 

510
00:30:32,900 --> 00:30:36,600
So it's not just Congress. 
You also have the Supreme Court 

511
00:30:36,800 --> 00:30:39,700
and it's not just Congress. 
For Supreme Court, you also have

512
00:30:39,700 --> 00:30:43,800
the president and he has the 
Congress who has the Supreme 

513
00:30:43,800 --> 00:30:46,300
Court. 
And this is how we are checked 

514
00:30:46,400 --> 00:30:50,800
and balanced into having a 
morally Justified system, to 

515
00:30:50,800 --> 00:30:54,100
which the anarchist says, the 
only Justified check and 

516
00:30:54,100 --> 00:30:56,800
balance. 
The ultimate check and balance 

517
00:30:57,100 --> 00:31:01,400
is the individuals ability to 
opt out of participating in the 

518
00:31:01,400 --> 00:31:07,400
action with the entity. 
Another words when you have 

519
00:31:07,400 --> 00:31:12,500
competition, Titian between 
organizations that is the 

520
00:31:12,500 --> 00:31:15,800
ultimate check and balance to 
the amount of power. 

521
00:31:16,000 --> 00:31:18,200
Can one group get a ton of 
power? 

522
00:31:18,300 --> 00:31:21,800
Because a lot of customers 
really like the price in 

523
00:31:21,800 --> 00:31:23,400
exchange for their product or 
service. 

524
00:31:23,700 --> 00:31:27,500
Yes, that is possible. 
But what you ultimately need is 

525
00:31:27,500 --> 00:31:32,200
people have to have the right 
and the ability to say no or to 

526
00:31:32,200 --> 00:31:35,300
say I'm not interested or good 
luck. 

527
00:31:35,400 --> 00:31:37,800
Goodbye. 
I'm not going to participate. 

528
00:31:38,000 --> 00:31:40,900
Other than that, you're really 
don't have any legitimate checks

529
00:31:40,900 --> 00:31:46,100
and balances a lot of this. 
Dr. Murphy says, is a 

530
00:31:46,100 --> 00:31:47,900
misunderstanding of what the 
market is. 

531
00:31:47,900 --> 00:31:52,400
So the leftist or the, the 
statist, in general, might say 

532
00:31:53,200 --> 00:31:56,600
yeah, some people worship the 
state, some people worship the 

533
00:31:56,600 --> 00:31:59,900
market, you both have people who
are extremists. 

534
00:32:00,500 --> 00:32:02,900
Well, this is not having a 
fundamental understanding of 

535
00:32:02,900 --> 00:32:06,400
what the market is. 
The market says. 

536
00:32:06,400 --> 00:32:10,300
Dr. Murphy is just Shorthand for
the totality of economic 

537
00:32:10,300 --> 00:32:13,400
interactions between freely 
acting individuals. 

538
00:32:13,700 --> 00:32:15,900
Another words, what makes the 
state unique? 

539
00:32:16,000 --> 00:32:20,600
It has the socially recognized 
right to initiate violence. 

540
00:32:20,600 --> 00:32:22,400
What makes the market the 
market. 

541
00:32:22,600 --> 00:32:25,600
Well, it relies on the voluntary
exchange and respect for 

542
00:32:25,600 --> 00:32:29,300
property rights. 
Dr. Murphy goes in to. 

543
00:32:29,500 --> 00:32:31,200
Well. 
What about consumer protection? 

544
00:32:31,200 --> 00:32:33,800
We have laws to protect 
consumers, don't we need 

545
00:32:33,900 --> 00:32:37,300
consumer protection? 
Well, another word for Consumer 

546
00:32:37,300 --> 00:32:40,700
Protection. 
Is stamp of approval going back 

547
00:32:40,700 --> 00:32:42,900
to the ultimate check and 
balance. 

548
00:32:43,600 --> 00:32:47,700
As much as the FDA might make us
safe. 

549
00:32:47,700 --> 00:32:51,200
I have to have the ability to 
not fund it because if I don't 

550
00:32:51,200 --> 00:32:54,300
have the ability to not fund it,
I mean, come on. 

551
00:32:55,100 --> 00:32:58,500
That's just, that's not really a
check at all. 

552
00:32:58,500 --> 00:33:01,400
That's just one group of people 
violently dominating, another 

553
00:33:01,500 --> 00:33:04,600
the FAA. 
Well, what happens to the FDA or

554
00:33:04,600 --> 00:33:07,800
the FAA if they produce a poor 
product or service? 

555
00:33:07,900 --> 00:33:10,400
So what happens is their 
budgets? 

556
00:33:10,500 --> 00:33:13,800
Increase? 
The state says, look at this 

557
00:33:13,800 --> 00:33:16,000
terrible tragedy. 
This is due to a lack of 

558
00:33:16,000 --> 00:33:17,700
funding. 
Look at the Center for Disease 

559
00:33:17,700 --> 00:33:20,000
Control. 
They were just starved of funds.

560
00:33:20,200 --> 00:33:22,000
Therefore. 
We need more funding. 

561
00:33:22,000 --> 00:33:25,300
That's why they did a bad job. 
Where's in the voluntary sector?

562
00:33:25,300 --> 00:33:28,100
You're more likely to go out of 
business, more in-depth. 

563
00:33:28,100 --> 00:33:33,400
Analysis is done a book called 
Death by regulation by dr. 

564
00:33:33,400 --> 00:33:38,100
Mary J ruark where she makes the
case that the FDA has No 

565
00:33:38,100 --> 00:33:43,400
incentive to bring productive 
drugs to the market that save 

566
00:33:43,400 --> 00:33:46,600
people's lives. 
So by postponing the arrival of 

567
00:33:46,600 --> 00:33:49,500
those drugs, they've killed 
Millions lie. 

568
00:33:49,500 --> 00:33:52,000
Yes, literally millions of 
individuals. 

569
00:33:52,400 --> 00:33:57,400
If a wants to volunteer 
voluntarily trade with b and c, 

570
00:33:57,400 --> 00:34:00,700
coercively, interferes see is 
responsible for the death. 

571
00:34:02,000 --> 00:34:05,300
Robert Murphy says, in the 
absence of a state, you might 

572
00:34:05,300 --> 00:34:07,600
have something like, CBS 5 
consumer. 

573
00:34:07,600 --> 00:34:10,100
Watch something we have in 
Arizona. 

574
00:34:10,300 --> 00:34:13,699
You might have Consumer Reports 
saying, hey, this product gets 

575
00:34:13,699 --> 00:34:16,900
our stamp of approval. 
We say this is a good product, 

576
00:34:16,900 --> 00:34:20,400
or this is a bad product. 
Now, is it possible for 

577
00:34:20,500 --> 00:34:26,100
Consumer? 
Watch or customer reporting or 

578
00:34:27,699 --> 00:34:32,800
UL Underwriters Laboratory? 
Is it possible that Mistaken and

579
00:34:32,800 --> 00:34:35,500
they do something bad. 
Yes, you know, who else? 

580
00:34:35,500 --> 00:34:40,199
That applies to the FDA, and the
EPA and the occupational, safety

581
00:34:40,199 --> 00:34:42,699
and health administration and 
the Federal Aviation 

582
00:34:42,699 --> 00:34:45,900
Administration. 
So, again, everything you say 

583
00:34:45,900 --> 00:34:48,400
can apply to voluntarily funded 
competition. 

584
00:34:48,699 --> 00:34:51,100
Also applies to the state 
actually applies to the state 

585
00:34:51,100 --> 00:34:53,500
tenfold. 
Now, dr. 

586
00:34:53,500 --> 00:34:57,100
Murphy says, trust the state. 
Certainly we cannot trust the 

587
00:34:57,100 --> 00:35:00,300
state to protect us once. 
It's disarmed us. 

588
00:35:01,900 --> 00:35:05,200
So some might say, but what if 
there's a private company and 

589
00:35:05,200 --> 00:35:07,400
they just like don't care and 
don't protect me. 

590
00:35:07,700 --> 00:35:10,700
Then what's my remedy? 
Well your remedy in a free 

591
00:35:10,700 --> 00:35:14,000
society would be to go to a 
competitor and stop funding them

592
00:35:14,900 --> 00:35:17,900
under a state. 
Well, there's been many cases 

593
00:35:17,900 --> 00:35:23,500
about this when a bagel county 
has also had a case, but the 

594
00:35:23,500 --> 00:35:26,000
most famous One warned versus 
District of Columbia. 

595
00:35:26,400 --> 00:35:30,200
A District of Columbia Court of 
Appeals, case that held that the

596
00:35:30,200 --> 00:35:35,500
police do not, We specific duty 
to provide Police Services to 

597
00:35:35,500 --> 00:35:39,400
Citizens based on the public 
duty doctrine. 

598
00:35:39,900 --> 00:35:41,900
That's going back to the year 
1981. 

599
00:35:42,200 --> 00:35:46,700
But hey, just worried about 
Putin interfering in elections 

600
00:35:46,900 --> 00:35:50,800
Stormy, Daniels, and Venezuela 
and Iran. 

601
00:35:51,000 --> 00:35:53,700
Those are the real threats. 
Now, police claim the right to 

602
00:35:53,700 --> 00:35:56,100
rule us, which is in total 
violation of the social 

603
00:35:56,100 --> 00:35:58,900
contract. 
Only reason we have to pay them 

604
00:35:59,100 --> 00:36:01,500
is because they protect us and 
exchange. 

605
00:36:01,600 --> 00:36:05,100
So if they don't protect us, we 
don't have the obligation to pay

606
00:36:05,100 --> 00:36:07,400
them, correct? 
Well, no the social contracts a 

607
00:36:07,408 --> 00:36:09,900
lie to get people to be 
obedient. 

608
00:36:10,100 --> 00:36:13,400
So the idea that both private 
companies are just going to 

609
00:36:13,400 --> 00:36:17,200
engage in mass murderer or not 
care about people that also 

610
00:36:17,200 --> 00:36:20,000
applies to the state and there's
actually a built-in incentive 

611
00:36:20,000 --> 00:36:23,900
for people to not kill their own
voluntarily paying customers to 

612
00:36:23,900 --> 00:36:26,400
where you can go to a 
competitor. 

613
00:36:26,800 --> 00:36:31,500
Also, a big check and balance is
no one's going to assume. 

614
00:36:31,800 --> 00:36:35,300
This insurance company has extra
rights, whereas politicians. 

615
00:36:35,600 --> 00:36:38,000
Oh, when they cage people for 
victimless crimes. 

616
00:36:38,000 --> 00:36:41,300
That's just legislation and you 
can't blame the cops. 

617
00:36:41,300 --> 00:36:43,100
They're just following orders, 
Etc. 

618
00:36:43,500 --> 00:36:47,400
When look 77% of people in 
prisons. 

619
00:36:47,400 --> 00:36:50,400
Now, granted this numbers Up For
Debate, but a large portion of 

620
00:36:50,400 --> 00:36:54,500
people in cages are there for 
victimless crimes or think of, I

621
00:36:54,508 --> 00:36:59,000
don't know, the, My Lai Massacre
or spring agent, orange, or the 

622
00:36:59,000 --> 00:37:01,500
bombing of civilians in Syria, 
Iraq and Yemen. 

623
00:37:01,600 --> 00:37:05,400
Lemon, or the first world war or
the second world war, or the 

624
00:37:05,400 --> 00:37:10,600
Gulf War or Wounded Knee? 
All of these things engaged in. 

625
00:37:10,600 --> 00:37:16,000
Countless innocent people 
murdered and we're supposed to 

626
00:37:16,008 --> 00:37:19,600
be so terrified of a world 
without the group responsible 

627
00:37:19,600 --> 00:37:22,000
for this government, please, 
it's ridiculous. 

628
00:37:22,100 --> 00:37:26,100
Now, dr. 
Murphy then gets into private 

629
00:37:26,100 --> 00:37:28,700
defense. 
Now, of course, we've already 

630
00:37:28,700 --> 00:37:31,600
gone over the morality of being 
forced to fund in order. 

631
00:37:31,700 --> 00:37:34,400
Ization, you don't think is 
really defending you or don't 

632
00:37:34,400 --> 00:37:37,700
think is moral. 
And he says, it's important to 

633
00:37:38,200 --> 00:37:42,000
use an apples-to-apples 
comparison when saying something

634
00:37:42,000 --> 00:37:45,400
like, oh, and Anarchist Society 
couldn't defend against Adolf 

635
00:37:45,400 --> 00:37:49,500
Hitler or the Soviet Union or 
imperialist Japan in which he 

636
00:37:49,500 --> 00:37:50,300
says. 
Yeah. 

637
00:37:50,400 --> 00:37:52,800
It's true a small Anarchist 
society, would have trouble 

638
00:37:52,800 --> 00:37:56,700
fighting off Nazis, but a 
statist society would have a 

639
00:37:56,700 --> 00:38:00,600
more difficult time. 
Consider this idea. 

640
00:38:01,600 --> 00:38:07,500
One, geographical area has one 
organization called US. 

641
00:38:07,500 --> 00:38:10,300
Government organization will 
call it a standing army. 

642
00:38:11,000 --> 00:38:19,000
Now, if you are able to get that
one organization to, if you 

643
00:38:19,000 --> 00:38:23,400
apply enough pressure, if you 
kill enough of their tribe, that

644
00:38:23,400 --> 00:38:26,300
organization is the only 
organization you need to 

645
00:38:26,300 --> 00:38:29,400
surrender. 
And then you're done, you talk 

646
00:38:29,400 --> 00:38:32,900
to the generals or the president
or the Secretary General 

647
00:38:32,900 --> 00:38:35,600
whoever's in charge. 
And if they order their men to 

648
00:38:35,600 --> 00:38:40,700
stand down, well, then your 
geographical area has been taken

649
00:38:40,700 --> 00:38:43,900
over now. 
Consider the area on the right, 

650
00:38:44,600 --> 00:38:49,000
where you have a militia 
necessary to the security of a 

651
00:38:49,008 --> 00:38:50,900
free state. 
As a second amendment says, 

652
00:38:51,400 --> 00:38:54,600
where you have a geographical 
area, where no one recognizes 

653
00:38:54,600 --> 00:38:57,300
your right to rule. 
Imagine yourself walking out. 

654
00:38:57,400 --> 00:39:02,600
Outside with a crown on from 
Burger King saying that I hereby

655
00:39:02,600 --> 00:39:05,300
rule you. 
Now, here's what you have to do 

656
00:39:05,300 --> 00:39:08,900
people would start laughing and 
then if you started really 

657
00:39:09,200 --> 00:39:12,600
pulling out a gun or a knife or 
imposing yourself, people would 

658
00:39:12,600 --> 00:39:14,700
just recognize the right to 
resist you. 

659
00:39:15,100 --> 00:39:19,400
I mean unquestionably, whereas 
in the first case you have I 

660
00:39:19,400 --> 00:39:21,200
just got to focus on this one 
group. 

661
00:39:21,200 --> 00:39:25,000
I get this one group and I rule 
the territory on the right. 

662
00:39:25,300 --> 00:39:29,900
You have to sort of h-bomb. 
The entire place from east to 

663
00:39:29,900 --> 00:39:33,600
west and then hope the 
survivors, recognize you as 

664
00:39:33,600 --> 00:39:37,800
legitimate. 
So, it's not clear that a state 

665
00:39:37,800 --> 00:39:42,800
of society is much less likely 
to get invaded or taken over. 

666
00:39:43,000 --> 00:39:47,600
Then a statist society. 
Another words. 

667
00:39:47,900 --> 00:39:51,800
It's about finding a balance 
when dealing with private 

668
00:39:51,800 --> 00:39:55,900
defense or private law. 
How much of your money should 

669
00:39:55,900 --> 00:39:58,400
you spend on food? 
Should you starve to death or 

670
00:39:58,400 --> 00:40:00,600
spend 100% of your money on 
food? 

671
00:40:00,900 --> 00:40:02,700
Okay. 
Well, obviously those are 

672
00:40:02,700 --> 00:40:05,100
extremes, you need to find an 
equilibrium. 

673
00:40:05,400 --> 00:40:08,200
Should you spend all your money 
on church and building the 

674
00:40:08,200 --> 00:40:11,400
beauty of the cathedral's or 
should you spend no money and 

675
00:40:11,400 --> 00:40:12,800
should there be no that 
Cathedrals? 

676
00:40:13,200 --> 00:40:16,000
Well, we want to, we want to 
find a balance. 

677
00:40:16,700 --> 00:40:20,200
Between, you know, something, 
ridiculously large and 

678
00:40:20,200 --> 00:40:22,600
non-existent. 
So the best way to find that 

679
00:40:22,600 --> 00:40:27,700
balance is to allow people to 
voluntarily fund things and be 

680
00:40:27,700 --> 00:40:32,200
able to opt out, allow for free 
entry by competitors, allow for 

681
00:40:32,200 --> 00:40:36,800
investment, allow for voluntary 
Research into these agencies. 

682
00:40:37,100 --> 00:40:43,600
The same thing applies churches,
food architecture pausing legal 

683
00:40:43,600 --> 00:40:48,900
systems defense, so, You have 
things like a state where 

684
00:40:48,900 --> 00:40:52,700
there's no incentive to find a 
genuine equilibrium. 

685
00:40:53,100 --> 00:40:55,500
You can just charge whatever and
they'll really pay it. 

686
00:40:55,500 --> 00:40:58,700
That's why it costs the state 
trillions of dollars to make us 

687
00:40:58,700 --> 00:41:01,500
less safe by creating enemies 
all around the world. 

688
00:41:01,700 --> 00:41:06,300
This is a famous LA Times. 
Headline $37 screws seven 

689
00:41:06,300 --> 00:41:10,200
thousand six hundred and twenty 
two dollar coffee maker, $640. 

690
00:41:10,200 --> 00:41:14,900
Toilet seats. 
Suppliers to our military just 

691
00:41:14,900 --> 00:41:17,300
won't be over. 
So, Sold by Jack Smith. 

692
00:41:17,300 --> 00:41:21,100
July 30th, 1986. 
Oh, President Reagan up. 

693
00:41:21,100 --> 00:41:24,600
Never mind doesn't count because
conservative Reagan was in 

694
00:41:24,600 --> 00:41:26,700
office. 
That means government shrunk. 

695
00:41:27,600 --> 00:41:34,800
So if we look at the title Chaos
Theory, this is a term that is a

696
00:41:34,808 --> 00:41:39,200
branch of mathematics focusing 
on the study of chaos states of 

697
00:41:39,200 --> 00:41:42,300
dynamical systems, who 
apparently random states of 

698
00:41:42,300 --> 00:41:45,700
disorder and irregularities are 
often governed. 

699
00:41:46,500 --> 00:41:50,800
Deterministic laws that are 
highly sensitive to initial 

700
00:41:50,800 --> 00:41:52,200
conditions. 
I believe, this is the 

701
00:41:52,200 --> 00:41:54,700
fundamental understanding of the
book here. 

702
00:41:55,000 --> 00:41:58,800
So even though you don't have a 
coercive Central planner, you 

703
00:41:58,800 --> 00:42:02,300
have a bunch of people. 
If you really look at the 

704
00:42:02,900 --> 00:42:06,600
example of Science History, 
language money, mathematics 

705
00:42:06,600 --> 00:42:14,000
exchange ideas history, although
you don't have one entity 

706
00:42:14,000 --> 00:42:17,600
calling the shots for everything
there is Is a sort of odor that 

707
00:42:17,600 --> 00:42:22,700
still exists if you take the 
pencil case from earlier, dr. 

708
00:42:22,700 --> 00:42:26,600
Murphy summarizes the main theme
of his book and he says 

709
00:42:26,600 --> 00:42:29,800
competition and accountability 
would force true. 

710
00:42:29,800 --> 00:42:33,300
Experts to handle the important 
decisions that must be made in 

711
00:42:33,300 --> 00:42:37,100
legal systems. 
It is a status myth that Justice

712
00:42:37,600 --> 00:42:41,300
must be produced by a monopoly 
institution of organized 

713
00:42:41,300 --> 00:42:43,100
violence. 
Thank you for watching Keith, 

714
00:42:43,100 --> 00:42:44,400
and I don't tread on anyone.