Chris Coyne — 2023 Markets and Society Conference Keynote

| Podcasts | February 04, 2026 | 81 views | 41:38

TL;DR

Economist Chris Coyne contrasts state-imposed 'Pax Imperii' with emergent 'Pax Hominum,' arguing that top-down peacemaking relies on four flawed assumptions about elite capabilities while generating illiberal violence abroad and eroding domestic liberty through expanded state power.

⚖️ Two Models of Peace 3 insights

Pax Imperii: The State-Centric View

This dominant perspective treats peace as a government-provided public good requiring vertical, coercive power (Leviathan) to impose order, exemplified by historical hegemonies like Pax Romana and Pax Americana.

Pax Hominum: The Emergent Alternative

Bottom-up peace arises from horizontal, voluntary cooperation among ordinary people exercising diverse, context-specific skills within heterogeneous cultures rather than through centralized design.

Mainline Political Economy Framework

Drawing on Boettke, Haeffele, and Storr, this tradition emphasizes that social cooperation is possible without central direction despite human cognitive limits, highlighting spontaneous order over expert control.

🎯 Four Fallacies of Top-Down Peacemaking 4 insights

The Design Delusion

Proponents assume a 'peacemaking power elite' can deliberately engineer complex peace institutions, ignoring Hayekian insights and James Scott's critique in 'Seeing Like a State' that order emerges from human action but not human design.

The Knowledge Problem

Elites lack access to tacit, context-specific local knowledge necessary for functional institutions, causing imposed systems to fail against the friction of 'institutional stickiness' with underlying cultural practices.

Incentive Misalignment

Public choice theory reveals that democratic frictions and bureaucratic pathologies lead elites to pursue narrow opportunism rather than the public interest, particularly when intervening in foreign polities where accountability is absent.

The Imperial Myth

The assumption that imperialism promotes liberal values contradicts Caroline Elkins' documentation in 'Legacy of Violence' that violence was endemic to the British Empire, serving as both means and end of colonial rule.

⚠️ The Illiberal Consequences 3 insights

Crypto-Imperialism Crowds Out Self-Governance

Interventions marketed as fostering freedom often impose arrangements that prevent the development of genuine liberal skills, creating what Vincent Ostrom calls 'crypto imperialism' or 'jack boot peace' through militarized authoritarianism.

Domestic Liberty Erosion

Preparing for global interventions requires expansive discretionary state power that destroys constitutional constraints and informal norms, permanently expanding government scale and scope while reducing freedoms at home (Higgs, Hall).

Violence as Means and End

Rather than exporting liberty, top-down peacemaking generates violence and dependency that undermine liberal values abroad while corrupting institutional integrity within the intervening nation.

Bottom Line

Genuine liberal peace requires abandoning imperial interventions in favor of bottom-up processes that respect local knowledge, emergent voluntary cooperation, and the severe limits of centralized social engineering.

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