The very term public utility is an absurd one. Every good is useful to the public, and almost every good may be considered necessary. Any designation of a few industries as public utilities is completely arbitrary and unjustified.
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About Murray N. Rothbard
Murray N. Rothbard was a 20th-century American economist. Murray Newton Rothbard was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertarian movement, particularly its right-wing strands, and was a founder and leading theoretician of anarcho-capitalism. Read more on Wikipedia →
Themes
- Freedom — The value of liberty, independence, and self-determination