The Machinery of Freedom - Guide to a Radical Capitalism
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Narrated by:
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David Friedman
About this listen
This audiobook argues for a society organized by voluntary cooperation under institutions of private property and exchange, with little, ultimately no, government. It describes how the most fundamental functions of government might be replaced by private institutions, with services such as protecting individual rights and settling disputes provided by private firms in a competitive market. It goes on to use the tools of economic analysis to attempt to show how such institutions could be expected to work, what sort of legal rules they would generate, and under what circumstances they would or would not be stable. The approach is consequentialist.
The claim is that such a society would produce more attractive outcomes, judged by widely shared values, than alternatives, including the current institutions of the US and similar societies. The second edition contained four sections; this third edition adds two more. One explores in greater depth some of the ideas already raised, including discussions of decentralized law enforcement in past legal systems, of rights seen not as a moral or legal category but as a description of human behavior, of a possible threat to the stability of the system not considered in the previous editions, and of ways in which a stateless society might defend itself from aggressive states. The final section introduces a number of new topics, including unschooling, the misuse of externality arguments in contexts such as population or global warming, and the implications of public key encryption and related online technologies.
Please note: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©1973, 1978, 1989, 2014 David Director Friedman (P)2019 David Director FriedmanListeners also enjoyed...
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The Myth of the Rational Voter
- Why Democracies Choose Bad Policies
- By: Bryan Caplan
- Narrated by: David Drummond
- Length: 8 hrs and 44 mins
- Unabridged
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The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters. This is economist Bryan Caplan's sobering assessment in this provocative and eye-opening book.
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Refreshing
- By Lyle Wincentsen on 05-12-11
By: Bryan Caplan
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
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Creating Freedom
- The Lottery of Birth, the Illusion of Consent, and the Fight for Our Future
- By: Raoul Martinez
- Narrated by: Steve West
- Length: 17 hrs and 35 mins
- Unabridged
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A manifesto for deep and radical change, Creating Freedom explores the limits placed on freedom by human nature and society. It explodes myths, calling for a profound transformation in the way we think about democracy, equality, and our own identities.
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The BEST book, I've listened to in a long time
- By G. Newton on 04-16-17
By: Raoul Martinez
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The Undercover Economist
- By: Tim Harford
- Narrated by: Robert Ian Mackenzie
- Length: 10 hrs and 6 mins
- Unabridged
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Author of the extremely popular "Dear Economist" column in Financial Times, Tim Harford reveals the economics behind everyday phenomena in this highly entertaining and informative book. Can a book about economics be fun to read? It can when Harford takes the reins, using his trademark wit to explain why it costs an arm and a leg to buy a cappuccino and why it's nearly impossible to purchase a decent used car.
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Everyone needs to know this.
- By Paul Norwood on 04-24-06
By: Tim Harford
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America
- Imagine a World Without Her
- By: Dinesh D'Souza
- Narrated by: Walter Dixon
- Length: 7 hrs and 24 mins
- Unabridged
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Is America a source of pride, as Americans have long held, or shame, as Progressives allege? Beneath an innocent exterior, are our lives complicit in a national project of theft, expropriation, oppression, and murder? Or is America still the hope of the world? New York Times best-selling author Dinesh D'Souza says these questions are no mere academic exercise.
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We can think for ourselves
- By score bags on 06-21-14
By: Dinesh D'Souza
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The White Man's Burden
- Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good
- By: William Easterly
- Narrated by: Mike Chamberlain
- Length: 14 hrs and 35 mins
- Unabridged
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In his previous book, The Elusive Quest for Growth, William Easterly criticized the utter ineffectiveness of Western organizations to mitigate global poverty, and he was promptly fired by his then-employer, the World Bank. The White Man's Burden is his widely anticipated counterpunch - a brilliant and blistering indictment of the West's economic policies for the world's poor.
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A Bit Repetitive
- By Amazon Customer on 04-27-19
By: William Easterly
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The Mystery of Capital
- Why Capitalism Triumphs in the West and Fails Everywhere Else
- By: Hernando de Soto
- Narrated by: Bob Souer
- Length: 6 hrs and 52 mins
- Unabridged
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"The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail?
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Good global perspective on Capitalism
- By Nellie boi on 05-29-21
By: Hernando de Soto
What listeners say about The Machinery of Freedom - Guide to a Radical Capitalism
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Chris
- 04-24-22
Just when you think no one could be smarter than Milton himself
This was my first David Friedman read. David did was no one else could. He gave detailed, thorough, real world examples of how an Anarcho capitalist society would function. A true hero.
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- Taylor Britton
- 02-02-21
"...others find them peculiar"
as the author writes "my political views seem natural and obvious to me. others find them peculiar"
i feel that brother
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- M. Granger
- 06-23-19
Excellent narration, thought provoking book
This is a fantastic book that really makes you think about some of the ideas popular within liberty circles. The author narrates it himself, which is great if you're used to his speaking.
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- E
- 05-08-19
In my top 3 favorite books
This book taught me to find spontaneous order in more places than I ever thought possible.
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3 people found this helpful
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- John
- 04-23-24
Good, but not Rothbard
The arguments are well made, and I enjoyed the listen. I found the sections on bargaining new and insightful. I still find the writings of Murray Rothbard more insightful, but this book is a valuable addition to the conversation.
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- Anonymous User
- 05-26-23
A good guide to Anarcho-capitalism
I enjoyed this book by David Friedman and thought it was good that he narrated it. His narration was fine but the audio quality wasn't great.
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- Millan Y.
- 03-17-24
Good book
Great primer on anarcho-capitalism and does well diving into a myriad of other topics that ought to be talked about more in this day and age. The narration, however, was a disappointing due to the relatively poor sound quality!
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- Kyle and Dawn Christerson
- 05-10-19
Wonderful and thought provoking
If you are interested in freedom and how it could work without a government this is the book for you!
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3 people found this helpful
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- Anonymous User
- 12-05-20
Essential book
Essential book for those interested in libertarian theory and in (applied) economics in general. It is written in a way that very complex issues are easily understood and also properly treated. The audio version narrated by David Friedman is perfect for listening to it while walking or doing housework.
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- Nicolas W
- 03-10-23
It was interesting, but I did not find it convincing
The society he describes does not sound any better than the society we live in, in fact, it sounds much worse. What this book does do, is a pretty good job of outlining some problems with misaligned incentives in American government.
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