A Note on Walter Block’s Defending the Undefendable

The Case of the “Heroic” Counterfeiter

Authors

  • Robert P. Murphy

    1. Department of Economics at Hillsdale College, Hillsdale, MI 49242; e-mail: Robert.Murphy@hillsdale.edu
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      Robert Murphy is a Visiting Assistant Professor of Economics in the Department of Economics at Hillsdale College, Hillsdale, MI 49242; e-mail: Robert.Murphy@hillsdale.edu. His research interests include capital and interest theory and the history of economic thought, especially the work of Eugen von Böhm-Bawerk.


Abstract

Abstract Walter Block’s amusing and popular Defending the Undefendable offers an intentionally shocking collection of short chapters, each praising a different “rogue” of modern society—including the pimp, slumlord, and corrupt cop—from a libertarian viewpoint. However, Block’s defense of the “heroic” counterfeiter is based on faulty economic analysis and is hence completely unwarranted.

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