The Nobel Prize in Economics is considered the ultimate consecration that an economist could receive from his fellow peers. Hence, to cast a critical opinion on the Prize, rather than on the views of a particular laureate, implies a critical attitude toward the entire economics profession as it has developed at least for the last 40 years.
I. Plato’s Austrian Enemies The view of Plato as an apologist for totalitarianism has become something close to orthodoxy in the Austrian wing of the libertarian tradition. The purpose of this essay is to contest that view and thereby reclaim Plato as an ally in the age-old struggle against the state. Appropriately enough, there is
Stephan Kinsella lp-3-1 Mac OS X 10.6.6 Quartz PDFContext Hoppe, Hans-Hermann. “Of Private, Common, and Public Property and the Rationale for Total Privatization . ” Libertarian Papers 3, no. 1 (2011):
Volume 3, Article 10 (2011) 1 Introduction Shortly before the Industrial Revolution the English philosopher John Locke put forward a theory of property that reflected the emerging capitalist system. This theory has often been interpreted as supposing that we, the human race, live on a frontier with the natural world, looking across to plentiful
Volume 3, Article 5 (2011) In Atlas Shrugged (1957), Ayn Rand presents her original, brilliant, and controversial philosophy of Objectivism in dramatized form. More than a great novel, it expounds a radically new philosophy with amazing clarity. Atlas Shrugged presents an integrated and all-embracing perspective of man and man’s relationship to
Since I remain unconvinced by the arguments used by Walter Block (2010, 2011) to defend the compatibility of his theory of evictionism with libertarianism, I feel obliged to continue our debate. Without further ado, let me proceed to addressing the substantive points he raises in his latest rejoinder to my criticisms (Wisniewski 2010a,
Volume 3, Article 7 (2011) The question to be asked in this paper is the following: is there an objective element of well-being, completely independent of anyone’s desires, interests and preferences? Some authors claim that belief in the existence of such an element figures prominently in our moral practices. For instance, Scanlon (1975, p. 658)
Stephan Kinsella lp-3-3 Mac OS X 10.6.6 Quartz PDFContext Kosanke, John. Instead of Politics . Charleston, S.C., CreateSpace, 2010. Stacy, Don. “Review of Kosanke’s Instead of Politics. ” Libertarian Papers 3, no. 3 (2011):
Why marx was right. By Terry Eagleton. New Haven: Yale University Press, 2011. Brown, Morgan Alexander. Review of Why Marx was Right by Terry Eagleton. Libertarian Papers 3, no. 1 (2011):
Abstract: In the inflation-deflation debate, deflationists view credit as the most important factor affecting prices. As far as they are concerned, the credit contraction of 2008 caused prices-in-general to fall, and prices will continue to fall unless bank lending resumes. But are these opinions based on a sound understanding of economics? The
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.