Libertarian Economists Should’ve Loved Silk Road—Here’s Why They Didn’t

Silk Road has been called an economic experiment gone wrong. And if you look at Ulbricht’s trial, it’s clear that many things went wrong. Even the most idealistic supporters of Silk Road couldn’t ignore that it turned Ulbricht into a kingpin who acted violently toward those who he thought might compromise the anonymity of the marketplace.

Libertarian experiments keep turning out exactly how liberals say they will turn out.