The Tom Woods Show, episode 1277.

Prepare to set fire to the index card of allowable opinion.

Your daily dose of Liberty Education starts here, the Tom Woods Show.

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Hi, everybody, Tom Woods here. Talking about a topic I find very, very interesting, and that is the

idea of public

goods, which is an idea you encounter in neoclassical economics. It's a class of goods that uniquely

needs to be provided by government because of certain characteristics they possess. Now,

I've covered this a few times in the past, but not for a while on the show. So I'll link to a few previous episodes at tomwoods.com slash 1277.

But today we're going to be revisiting this topic. And then we're going to apply this theoretical model to two particular examples, namely defense and law.

These are the two toughest case issues,

I think, for libertarians, anarcho-capitalists to deal with. And our guest has written a scholarly book that challenges the public goods paradigm to begin with and then says that actually,

not only can you provide these other services

entrepreneurially and without the state, but you would be providing them in a way that's

much superior and more just and more efficient at the same time. So very important. It's

Jakub Vizniewski, who is the author of the Economics of Law, Order and Action, The Logic of Public Goods, a brand new book definitely worth reading.

Jakub, welcome.

Hello, Tom. Thank you for having me on your show.

Your name has come up on my show a couple of times in the past when I've referred to debates that Walter Block has had with

...