LIBERLAND FLAG SMALL

This coin was issued to commemorate the 5th anniversary of Liberland.

The obverse of the medal image a picture of Murray Rothbard, an American heterodox economist, economic historian, and political theorist.

Rothbard began to consider himself a “private property anarchist” in 1950 and later began to use “anarcho-capitalist” to describe his political ideology. In his anarcho-capitalist model, the system of private property is enforced by protection agencies, which compete in a free market and are voluntarily supported by consumers who choose to use their protective and judicial services.