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An ideal objectivist society with a limited government is superior to an anarcho-capitalist society in precisely the same way that an ideal socialist society is superior to a capitalist society. Socialism does better with perfect people than anarcho-capitalism with imperfect. And it is better to wear a bikini with the sun shining than a raincoat when it is raining. That is no argument against carrying an umbrella. (p.134)
— David Friedman
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "An ideal objectivist society with a limited government is superior to an anarcho-capitalist society in precisely the same way that an ideal socialist society is superior to a capitalist society. Socialism does better with perfect people than anarcho-capitalism with imperfect. And it is better to wear a bikini with the sun shining than a raincoat when it is raining. That is no argument against carrying an umbrella. (p.134)" in the context of "" to mean that wisdom is timeless.
Source:
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
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About David Friedman
David Director Friedman (born February 2, 1945) is a law professor and writer, who became a leading figure in the anarcho-capitalist community.
About David Friedman
David Director Friedman (born February 2, 1945) is a law professor and writer, who became a leading figure in the anarcho-capitalist community.
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