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.
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A Note on Walter Block’s Defending the Undefendable
The Case of the “Heroic” Counterfeiter
Article first published online: 4 MAY 2006
DOI: 10.1111/j.1536-7150.2006.00459.x
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How to Cite
Murphy, R. P. (2006), A Note on Walter Block’s Defending the Undefendable. American Journal of Economics and Sociology, 65: 463–467. doi: 10.1111/j.1536-7150.2006.00459.x
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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.
Publication History
- Issue published online: 4 MAY 2006
- Article first published online: 4 MAY 2006
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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.