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by OgsyedIE 168 days ago
Libertarianism works better than any other economic system for abstract agents. When you replace the abstract agents with mammals, however...
2 comments

Whenever I hear libertarian economic theory I always picture my physics professor prefacing every problem with "assume a perfectly uniform sphere..."
Milk production at a dairy farm was low, so the farmer wrote to the local university, asking for help from academia. After investigation, the physicist returned to the farm, saying to the farmer, "I have the solution, but it works only in the case of spherical cows in a vacuum."

https://en.wikipedia.org/wiki/Spherical_cow

Libertarianism has no answer for how to deal with finite resources (for example land) that will be snapped up by the first agents.