Are Anarcho-Capitalists Insane? Living Standards Under Medieval Icelandic Conflict Institutions

I have received news earlier this week that my paper with Peter Leeson on living standards in medieval Iceland had been accepted for a special issue of the Revue d’Économie Politique (the oldest economics journal in French but which also publishes English articles). The article, whose final version can be found here, argues that Iceland’s relative statelessness did not generate low living standards. Quite the reverse, living standards matched those in England and exceeded those of the most of the Western world at the time.


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