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Summer 2016

ISSN 0890-913X

Volume 31, Number 2

Categories: Summer 2016 | National Defense

Market-Provided National Defense: Reply to Newhard

Peter T. Leeson, George Mason University

Christopher J. Coyne, George Mason University

Thomas K. Duncan, Radford University

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Market-ProvidedNationalDefense:ReplytoNewhardPeterT.LeesonGeorgeMasonUniversityChristopherJ.CoyneGeorgeMasonUniversityTheJournalofPrivateEnterprise31(2),2016,83–86ThomasK.DuncanRadfordUniversity______________________________________________________AbstractNewhard(2016)challengesourargument,accordingtowhichtheinefficiencyofmarket-providednationaldefenseisanempiricalquestionratherthanalogicalimplicationofthefactthatprivatelyprovidednationaldefenseconfrontsafree-riderproblem.Weshowthathisargumentholdsonlyundertheassumptionthatprivatecontributionstopublicgoodsdependexclusivelyonthematerialbenefitsindividualsexpecttoreapfromsuchcontributions.Empirically,thisassumptionisfalse.Whenprivatecontributionstopublicgoodsdonotdependexclusivelyonthematerialbenefitsindividualsexpecttoreapfromsuchcontributions,theefficiencyorinefficiencyofmarket-providednationaldefenseis,asourargumentmaintained,an(unanswered)empiricalquestion.______________________________________________________JELCodes:F52,H10,H40Keywords:nationaldefense,free-riderproblem,anarchyI.IntroductionInapreviousissueofthisjournal,wearguedthatthefree-riderproblemassociatedwiththeprivateprovisionofnationaldefensedoesnot,ipsofacto,implytheinefficiencyofprivatelyprovidednationaldefense,asisconventionallyasserted(Leeson,Coyne,andDuncan2014).Nationaloffensealsosuffersfromafree-riderprobleminthatonenation’saggressiveactivitiesgeneratenonexcludablebenefitsforothernations.Becausetheefficientlevelofdefensedependsonthelevelofoffenseasocietyconfronts,whetherornotmarketsunderprovidedefensedependsontheseverityofthefree-riderprobleminitsproduction,andthus

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Metadata [hide]

Title	Market-Provided National Defense: Reply to Newhard
Authors/Creators:	Peter T. Leeson, George Mason University Christopher J. Coyne, George Mason University Thomas K. Duncan, Radford University
Year:	2016
Volume:	31
Number:	2
Pages:	83 - 86
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	national defense, free-rider problem, anarchy

Citation:
Leeson, Peter T.; Coyne, Christopher J.; Duncan, Thomas K. / 2016. "Market-Provided National Defense: Reply to Newhard." The Journal of Private Enterprise, 31(2): 83-86.