Yes people! David Friedman, son of Milton Friedman(!) and an amazing writer, intellectual in his own stead is going to be in Delhi in the third week of June! (Read more about him below)
So, the plan is that we read his most famous book - The Machinery of Freedom: Guide to Radical Capitalism, which is a case for an anarcho-capitalist society and question him, ask for clarifications or support his arguments when he is speaking before us.
This book should interest anyone interested in political economy, law and/or economics. It argues the case for a society organized by private property, individual rights, and voluntary co-operation, with little or no government. David Friedman's standpoint, known as 'anarcho-capitalism', has attracted a growing following as a desirable social ideal since the first edition of The Machinery of Freedom appeared in 1971.
Among topics covered: how the U.S. would benefit from unrestricted immigration; why prohibition of drugs is inconsistent with a free society; why the welfare state mainly takes from the poor to help the not-so-poor; how police protection, law courts, and new laws could all be provided privately; what life was really like under the anarchist legal system of medieval Iceland; why non-intervention is the best foreign policy; why no simple moral rules can generate acceptable social policies -- and why these policies must be derived in part from the new discipline of economic analysis of law.
I presume that not many of you would agree with his conclusions right now, or maybe even after reading his book. But what's the point in letting the man go without letting him know our disagreements. OR if you agree with him right now or are persuaded by his reasoning after reading the book, it'll be great to meet him and let him know about it!
Either ways, I think it is going to be an intellectual odyssey we must take! Let's read the book ourselves, in a phased manner, and meet 3 (or 4) times before he's in town to discuss the book Socratic-style (as far as possible)!
We shall refrain from deciding the specifics of the arrangement, which interested folks may discuss between themselves. However, one thing we cannot change is that everyone shall need the book! It costs around 1,000 Rs on Amazon. Otherwise, pdf ebooks are available and in case you're interested in taking a print out, please go ahead!
Just in case you're worried about committing to join a bunch of random strangers, please rest assured because a lot of people would be like you (joining for the first time) and the others are a likeable bunch!
We are excited about seeing David next month! It's going to be awesome!
Let us know your thoughts and concerns!
First meetup: 30th May?
David D. Friedman, son of Nobel laureate Milton Friedman, is a leading proponent of anarcho-capitalism, the theory that the state is an unnecessary evil and that all services, including the law itself, can be provided by voluntary cooperation in the private economy.
While Friedman holds a Ph.D. in physics from the University of Chicago, he is chiefly known for his scholarly contributions to economics and law. He is the author of five books of non-fiction as well as the novels Harald and Salamander. In The Machinery of Freedom: Guide to a Radical Capitalism, Friedman argued that an economic analysis of impact of state action points to an anarchist conclusion. In Law’s Order: What Economics Has to Do with Law and Why It Matters, he shows how directing the law to seek economic efficiency can lead to the achievement of justice.
Friedman stands in contrast to many other anarchists because of his “consequentialist” approach. Rather than argued that humans have inviolable natural rights which it is always wrong to violate, he uses cost-benefit analysis to assert that a world without government is measurably better than one ruled by states.
Amazon book link: http://www.amazon.in/Machinery-Freedom-Guide-Radical-Capitalism/dp/1507785607/ref=sr_1_2?ie=UTF8&qid=1430956816&sr=8-2&keywords=the+machinery+of+freedom