Walter Block
Walter Edward Block (born 1941) is an American economist and anarcho-capitalist theorist affiliated with the Austrian School, serving as the Harold E. Wirth Eminent Scholar Endowed Chair in Economics at Loyola University New Orleans.[1] A prolific author and advocate for libertarian principles, Block applies first-principles reasoning rooted in property rights and non-aggression to critique government intervention and champion market solutions across social, ethical, and economic domains.[2] His work emphasizes privatization of all resources, from roads to water, challenging conventional welfare-state paradigms with empirical and logical defenses of voluntary exchange.[3] Block earned a B.A. in philosophy from Brooklyn College in 1964 and a Ph.D. in economics from Columbia University in 1972, with his dissertation focusing on rent control.[1] Prior roles include senior economist at the Fraser Institute and professorships at other institutions before assuming his endowed chair at Loyola in 2001.[2] Among his over 20 books and hundreds of scholarly articles, Defending the Undefendable (1976) stands out for economically vindicating stigmatized yet non-coercive activities like pimping and drug dealing, arguing they serve consumer preferences without violating rights.[4] Other key contributions include The Privatization of Roads and Highways (2009), which details market-based infrastructure alternatives, and defenses of discrimination as a voluntary choice rather than a policy failure.[3][5] Block's uncompromising positions have provoked controversies, including student-led calls for his dismissal over lectures applying libertarian ethics to topics like slavery reparations and private discrimination, prompting university investigations and mandatory diversity training.[6] He has responded by recording classes to demonstrate fidelity to economic theory over ideological conformity and litigating perceived libels, underscoring tensions between academic freedom and institutional pressures.[7] Despite such pushback from sources often aligned with progressive norms, Block's output continues to influence libertarian scholarship, prioritizing causal mechanisms of markets over politically favored interventions.[8]