EPISODE · Jun 30, 2026 · 1H 38M
332. Principles of Economics Lecture 17: Defense
· host Dr. Saifedean Ammous
Lecture 17 of Principles of Economics explores the economics of defense as a market good rather than a uniquely governmental function, how law and order emerge through voluntary provision, the failure modes inherent of the state's monopoly over defense & law, and what a free market in defense would look like.Get all course notes and slides on https://saifedean.com/poecourse
What this episode covers
Lecture 17 of Principles of Economics explores the economics of defense as a market good rather than a uniquely governmental function, how law and order emerge through voluntary provision, the failure modes inherent of the state's monopoly over defense & law, and what a free market in defense would look like. Get all course notes and slides on https://saifedean.com/poecourse
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332. Principles of Economics Lecture 17: Defense
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