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Explore the historical idea of anarchism, from Godwin's utopian vision to Bakunin's revolutionary ideals, examining how it intertwines with theories of spontaneous order and social contract. Delve into the positive political economy of anarchism, discussing mechanisms of self-governance, cooperation, and exclusion. Learn how endogenous rule creation and empirical analysis shape this progressive research program.
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Anarchism as a Progressive Research Program in Political Economy Peter J. Boettke Constitutional Economics Econ 828/Fall 2005 5 December
Voluntarism and Coercion Level of necessary coercion Sphere of voluntary exchange
Adam Smith --- Spontaneous Order within a Framework of Law and Order
Anarchism as a historical idea in political philosophy and political economy • Utopian • William Godwin, An Enquiry Concerning Political Justice (1793) • Revolutionary • Mikhail Bakunin and the First International, 1864-76 • Analytical • Rothbard (1973) • Natural rights • Nozick (1974) • Invisible hand explanation • Friedman (1973) • Efficiency explanations • Buchanan (1975) • Social contract theory
The Positive Political Economy of Anarchism • Spontaneous Order and Reputation • Benson (1989) • Greif (1989) • Development Problems • Dixit (2004) • Rajan (2004) • International Trade • Leeson (2004) • Predation and Social Order • Olson (1993), Shleifer, et. al. (2003) • Leeson (2004) • Cooperation in Anonymity • Stringham (2003) • Leeson (2004)
Mechanisms of Exclusion and Inclusion • Discipline of Repeated Dealings • Tullock (1985) • Exclusion of Cheaters • Stringham (2003) • Inclusion of Strangers • Leeson (2004) We get much more cooperation in larger group settings with heterogeneous agents than strict adherence to game theory might suggest. Mechanisms of signaling and the communication of reputation can take place even in large anonymous settings provided that institutions are in place which ameliorate problems with cheating, e.g., E-Bay.
Definitions • Anarchism • Endogenous rule creation rather than Exogenous rule imposition • Progressive Research Program • Answering some questions leads to more questions so that we have growth of knowledge • Analytical • Empirical