Carl Schmitt (1888–1985), one of the most talked-about legal theorists of the twentieth century, argued that a society could survive an existential threat only through the exercise of coercive power by the state. Contrary to Schmitt, however, the free market provides better solutions than does the sovereign state even for the direst emergency.

Economic History and DevelopmentEconomyFree Market EconomicsGovernment and PoliticsGovernment PowerLaw and LibertyPolitical HistoryPolitical Theory
Other Independent Review articles by Michael McConkey
Spring 2012 Paul Piccone as Libertarian?: A Canadian Proof and Rothbardian Critique