“Pandemic” in a Stateless Society

This chapter debunks the myth that only the state is capable of handling a pandemic. Instead, without the state, private individuals and entities, when given the full freedom, can better ameliorate the risk and harm of a virus outbreak and at the same time maximize the well-being of the entire socie...

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Bibliographic Details
Main Author: Quah, Chee-Heong
Format: Book Chapter
Language:English
Published: IntechOpen 2020
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Online Access:https://www.intechopen.com/chapters/73097
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Summary:This chapter debunks the myth that only the state is capable of handling a pandemic. Instead, without the state, private individuals and entities, when given the full freedom, can better ameliorate the risk and harm of a virus outbreak and at the same time maximize the well-being of the entire society. In particular, this chapter discusses what would have happened in a world without a state and how would the economic laws in the Austrian tradition drive individuals to act in ways that maximize the net benefits not only to themselves but ultimately to every member of the society.
ISBN:978-1-83968-434-0
DOI:10.5772/intechopen.93373