Who’s The Biggest Anarchist of All-Time?

I was walking through town and had a University of Chicago pullover on. Someone asked me if I went there and I said I was with the capitalists in Chicago Booth. He said he studied math but was an anarchist. I mentioned that the biggest anarchists in human history were capitalists.

By the way, just because you went to Booth doesn’t mean you are a believer in free market capitalism. Plenty of socialists and crony capitalists went to Booth as well.

People don’t see capitalism that way but it is. Free market capitalism can be messy but it works better than any other human system to lift people’s standard of living and build wealth.

Adam Smith, John Locke, JS Mill, anarchists for their time. The signers of the Declaration, anarchists.

We tend to think of anarchists as some of the infamous people from our time. But, anarchists actually put in totalitarian type government systems. Those systems demand order. Strict order. They don’t allow for round pegs and square holes. The crazy ones as it were.

Monarchies demand order. Ironmen with political machines demand order. They are not tolerant. They practice crony capitalism and get government to work hand in hand with the private sector to enrich the few over the many.

Milton Friedman was an anarchist. I never met him but he’d probably smile at the characterization because he knew of the underlying reasoning. Capitalism is tolerant. Inherent in it is creative destruction. As Mark Perry notes, it’s because of capitalism that the world is less poor.

Small groups of individuals rule and enforce order. Often they are bureaucrats, unelected. Perhaps the election is rigged or a sham to make it look good. They rule with the police and military in their back pocket. Collective bureaucratic society only works at the tip of the spear.

I guess it always surprises me when people fail to see it.

It rhymes with mocialism https://t.co/E5ReTfdjRk

— Clifford Asness (@CliffordAsness) September 3, 2018