"The difference between the statist and the libertarian has to do with methodology. The statist begins his discussion of the economy from the perspective of the collective enterprise known as civil government. He equates the state (the monopoly of coercion) and society (voluntary institutions). He also identifies the state and the nation. He sees the state as the agency which alone legally represents the nation. In some cases, he actually believes that the state is the same as the nation."
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