Buchanan and Anarchism

“The economist James Buchanan, who along with Gordon Tullock founded the public choice school of economics, shares with Murray Rothbard a trait rare among his fellow economists. Like Rothbard, he is interested in political philosophy. He doesn’t agree with Rothbard’s anarchism, and I’d like to discuss one of his arguments on this issue. Buchanan rests his case on an odd view of ethics, and this leads him astray.”