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Against Both Private and Public Counterfeiting

Bibliographic Data

ID2767417
AuthorsMateusz Machaj (0000-0002-1497-782X, Schott (Germany), corresponding author)
Year2007
Volume66
Issue5
Pages977-984
Publication date2007-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.2007.00550.x
OpenAlexW2122914967
LanguageEN
Citations received3
References cited3

In his highly provocative and otherwise brilliant book Defending the Undefendable (1991), Walter Block defends the private counterfeiting of state-counterfeited money. His argument fallaciously relies on an idiosyncratic linguistic definition of the counterfeiter, which is invalid from a legal point of view. In this short response, we analyze private counterfeiting in legal and economic terms rather than linguistic, and show why the behavior of the private counterfeiter should not be considered acceptable, let alone heroic, as claimed by Block. The present article is strongly influenced by Rothbard (1982

Algorithm · Argument (complex analysis) · Block (permutation group theory) · Business · Economics · Law and economics · Point (geometry) · Political science · Positive economics · State (computer science) · Corruption and Economic Development · Law · Mathematics · Medicine · Philosophy

  • In Defense of Counterfeiting Illegitimate Money

    Open Access•Walter E Block•American Journal of Economics and…•2010

  • Rejoinder to Davidson on Counterfeiting

    Open Access•Walter Block, Walter E Block•American Journal of Economics and…•2010

  • The Ethics of Countering the Private Counterfeiter

    Open Access•Laura Davidson•American Journal of Economics and…•2010

  • Human action

    Ludwig Von Mises•Human action•2007

  • A Theory of Socialism and Capitalism

    Open Access•Hans-Hermann Hoppe•Theory of Socialism and Capitalism•1989

Unique citing works3
Citations per year0,19
Citation span2010 - 2010 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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