Author Archives: F. E. Guerra-Pujol
Nozick on business risk
Nozick accomplishes two tasks in the sixth subsection of Chapter 8 (pp. 253-262). First, he explains why so few business firms are owned or run by workers. But more importantly, he single-handedly demolishes Marxian economic theory. As usual, I will … Continue reading
Nozick on business firms
Nozick poses a pair of related questions in the next two subsections of Chapter 8 of ASU (pp. 246-253) regarding the organization of business firms. One question is, How could we incentivize business firm to provide more opportunities for meaningful … Continue reading
Why isn’t July 21 a national holiday in the U.S.?
We interrupt our review of Chapter 8 of Anarchy, State, and Utopia to share this fun tweet with our loyal readers. (For my part, I was 11 months old at the time, so I was probably asleep during that historic … Continue reading
Equality and emotion
Nozick explores a number of intriguing questions in the third subsection of Chapter 8 of ASU (pp. 239-246). Why do people feel envy? What is the source of this emotion? And what is the best way of reducing the incidence … Continue reading
The dangerous idea of equality?
Nozick devotes the next subsection of Chapter 8 (pp. 235-238) to attacking the concept of equality of opportunity. But before we proceed any further, I must make a confession. Although I agree 99% with Nozick’s criticism of equality of outcomes, … Continue reading
The empty idea of equality?
Nozick begins Chapter 8 by addressing the issue of income inequality and by pointing out an embarrassing gap in the scholarly and popular literature on this subject. According to Nozick, scholars who defend equality as a desirable normative goal are … Continue reading
Overview of Chapter 8 of ASU
After defending his entitlement theory of justice and engaging in intellectual combat with John Rawls in Chapter 7 of Anarchy, State, and Utopia (ASU), Nozick will explore other theories of equality in Chapter 8. But before we jump into this … Continue reading
Finders, keepers
We will proceed with Chapter 8 of ASU on Monday. In the meantime:
Nozick’s Knockout
In boxing, a knockout is any legal strike or combination thereof that renders an opponent unable to continue fighting. Keep this definition in mind, for Nozick will deliver the closest thing to a knockout by the end of Chapter 7 … Continue reading
Round 4
In the next subsection of Chapter 7 of ASU (“Macro and Micro” on pp. 204-213), Nozick compares and contrasts his own historical or “entitlement theory” of justice with Rawls’s theory along various dimensions. By way of comparison, both theories specify … Continue reading

