Abstract
Interpreting three tales based on the words of Hume, Hobbes, and Nozick, and a letter by Vilfredo Pareto, we present a comparative analysis of household production in several societies with and without State. The community we analyse is formed by two households, which may either follow a selfish or an altruistic logic. Furthermore, unless the stateless community has a common defence against external marauders or implements protection in cases of bad weather, the household production can be stolen or damaged. The society with State is ruled by a Government that can be either partisan or bipartisan. The economic analysis of the private and public choice of this community allows us to compare the efficiency and inequality of several configurations of society, as depicted by classical political economy.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
