David D. Friedman Explained

David D. Friedman
School Tradition:Chicago school of economics[1]
Birth Name:David Director Friedman
Birth Date:12 February 1945
Nationality:American
Spouse:Elizabeth Cook
Children:Patri Friedman
Institution:Santa Clara University
Field:Economics, law
Influences:Ronald Coase, Friedrich Hayek, Robert A. Heinlein, Milton Friedman, Rose Friedman, Adam Smith, Richard Timberlake, Alfred Marshall, Murray Rothbard
Contributions:The Machinery of Freedom
Consequentialist libertarianism
Repec Prefix:e
Repec Id:pfr16
Website:Official website
Education:Harvard University (BA)
University of Chicago (MA, PhD)

David Director Friedman (born February 12, 1945) is an American economist, physicist, legal scholar, and anarcho-capitalist theorist. Although his academic training was in chemistry and physics and not law or economics, he is known for his textbook writings on microeconomics and the libertarian theory of anarcho-capitalism, which is the subject of his most popular book, The Machinery of Freedom.[2] Described by Walter Block as a "free-market anarchist" theorist,[3] Friedman has also authored several other books and articles, including Price Theory: An Intermediate Text (1986), Law's Order: What Economics Has to Do with Law and Why It Matters (2000), Hidden Order: The Economics of Everyday Life (1996), and Future Imperfect (2008).[4]

Life and work

David Friedman is the son of economists Rose and Milton Friedman. He graduated magna cum laude from Harvard University in 1965, with a bachelor's degree in chemistry and physics.[5] He later earned a master's (1967) and a PhD (1971) in theoretical physics from the University of Chicago.[6] Despite his later career, he never took a class for credit in either economics or law.[7] He was a professor of law at Santa Clara University from 2005 to 2017,[8] and a contributing editor for Liberty magazine. He is currently a Professor Emeritus. He is an atheist.[9] His son, Patri Friedman, has also written about libertarian theory and market anarchism, particularly seasteading.

The Machinery of Freedom

See main article: The Machinery of Freedom. In his book The Machinery of Freedom (1973), Friedman sketched a form of anarcho-capitalism where all goods and services including law itself can be produced by the free market. Friedman advocates an incrementalist approach to achieve anarcho-capitalism by gradual privatization of areas that government is involved in, ultimately privatizing the law itself. In the book, he states his opposition to violent anarcho-capitalist revolution.[10]

He advocates a consequentialist version of anarcho-capitalism, arguing for it on a cost–benefit analysis of state versus no state.[11] [12] It is contrasted with the natural-rights approach as propounded most notably by economist and libertarian theorist Murray Rothbard.

Non-academic interests

Friedman is a longtime member of the Society for Creative Anachronism, where he is known as Duke Cariadoc of the Bow. He is known throughout the worldwide society for his articles on the philosophy of recreationism and practical historical recreations, especially those relating to the medieval Middle East.[13] His work is compiled in the popular Cariadoc's Miscellany.[14] He is sometimes credited with founding the largest and longest-running SCA event, the Pennsic War; as king of the Middle Kingdom he challenged the East Kingdom, and later as king of the East accepted the challenge and lost (to himself).[15]

He was a teenage wargamer who taught his school friend, Jack Radey, founder of People's War Games, how to play such wargames as Tactics II.[16] Radey relates how Friedman and himself wrote to Charles S. Roberts claiming that they had found a first turn winning strategy for each of the two sides. Roberts replied that their interpretation of the rules was valid.[16]

He is a long-time science fiction fan, and has written three novels. Harald (Baen Books, 2006) is set in an invented world drawn from European history.[17] Salamander (2011) and its sequel Brothers (2020) are fantasy.

He has spoken in favor of a non-interventionist foreign policy.[18]

Bibliography

Nonfiction

Fiction

External links

Notes and References

  1. Web site: The Machinery of Freedom . 124 . 25 November 2012 . Much is made in libertarian circles of the division between 'Austrian' and 'Chicago' schools of economic theory, largely by people who understand neither. I am classified as 'Chicago'. . live . https://web.archive.org/web/20131217064037/http://daviddfriedman.com/The_Machinery_of_Freedom_.pdf . 17 December 2013 .
  2. Encyclopedia: Caplan. Bryan . Bryan Caplan . Ronald . Hamowy . Ronald Hamowy . The Encyclopedia of Libertarianism . Friedman, David (1945–) . 10.4135/9781412965811.n117 . 2008 . Sage. Thousand Oaks, CA . 978-1412965804 . 750831024. 2008009151 . 194–195 . Friedman, David (1945–) .
  3. Block . Walter E. . 2011 . David Friedman and Libertarianism: A Critique . . 35 . 3 . 22.
  4. Free Market Mojo. "An Interview with David D. Friedman" .
  5. http://law.scu.edu/faculty/profile/friedman-david/ Faculty Profile: David Friedman
  6. Web site: My Academic Page. www.daviddfriedman.com.
  7. News: Athiparambath. Shanu. Economist David Friedman Says India Must Go Taller To Make Homes Affordable. 4 October 2016. Market Urbanism. 14 February 2016.
  8. Web site: Santa Clara University. Santa Clara. University. phonebook.scu.edu.
  9. Friedman, David D. "Atheism and Religion", Ideas.
  10. Book: The Machinery of Freedom. 149–150. Revolution Is the Hell of It. Friedman, David D. 0-8126-9069-9. 1995. Open Court . https://archive.org/details/machineryoffreed00frie/page/149.
  11. Morris, Christopher. 1992. An Essay on the Modern State. Cambridge University Press. p. 62.
  12. Web site: July 11, 2019 . The World From an Anarchist-Anachronist-Economist's View with Dr. David Friedman . July 5, 2023 . The Wealth Standard.
  13. Web site: Friedman, David D. "On Restructuring the SCA".
  14. Web site: Cariadoc's Miscellany. www.pbm.com.
  15. F.L. Watkins (Fólki Þorgilsson). 2005. Herstadr-Saga: An Incomplete History of Pennsic Urbana, Illinois: Folump Enterprises
  16. Web site: Serval . Fred . Jack Radey part 1 – The Origins of People's War Games . https://ghostarchive.org/varchive/youtube/20211211/wGuMsL2dlpA. 2021-12-11 . live. Homo Ludens . Fred Serval . 11 May 2020.
  17. Web site: Harald - Background Information . David . Freidman . 2020-03-17.
  18. Web site: Dr David Friedman on US Foreign Policy, Syria, Assad, Terrorism, WWII, Hitler, and much more.... https://ghostarchive.org/varchive/youtube/20211211/TO1xXD1Cws4. 2021-12-11 . live. VoluntaryVirtues0com. 22 September 2013. YouTube.