Ludwig von Mises Institute

Counter-economics

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Counter-Economics, the study and/or practice of all peaceful human action which is forbidden by the State, is an important concept in agorism. Murray Rothbard argues that there are limits to what can be accomplished by such means because black markets "are concentrated either in service industries or in commodities which are both valuable and easily concealed: jewels, gold, drugs, candy bars, stockings, etc. This is all well and good, but it still does not solve the problem: who will make automobiles, steel, cement, etc. How would they fare in the black market? The answer is that they don't fare at all, just as they don't fare in the independent contracting agora."[1]

References[edit]

  1. "Konkin on Libertarian Strategy" by Rothbard, Murray N., 6 April 2009

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