Yves here. Perhaps I don’t hang out with enough libertarians, but my impression is that Robert Nozick does not occupy the same lofty position as, say, Milton Friedman, Mises, the near-libertarian Jospeh Schumpeter, or (gah) Ayn Rand. Murphy’s useful shellacking of Nozick seems if anything to considerably understate both the pervasiveness of coercion and sharp practices in “voluntary” transactions....