Concept

Private defense agency

Summary
A private defense agency (PDA) is a theoretical enterprise which would provide personal protection and military defense services to individuals who would pay for its services. PDAs are advocated in anarcho-capitalism as a way of enforcing the system of private property. A PDA is distinguished from a private contractor employed by a state which is usually subsidized. Instead, such agencies would in theory be voluntarily financed primarily by competing insurance and security companies. Theory Benjamin Tucker and Gustave de Molinari first explicitly proposed private defense agencies. The concept later was advanced and expanded upon by anarcho-capitalists who consider the state to be illegitimate and therefore believe defense is something that should be provided or determined privately by individuals and firms competing in a free market. The Mises Institute published a book of essays entitled The Myth of National Defense: Essays on the Theory and History of Security Productio
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