The Journal of Libertarian Studies

The Marginal Efficiency of Capital: A Comment

JournalsJanuary 30, 2015
ABSTRACT: The impact of interest rates on investment choices is a key element in both Keynesian and Austrian theories of the business cycle. Fuller (2013) compares the Keynesian Marginal Efficiency of Capital approach to the Austrian Net Present Value approach, claiming that the two give different...

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Terri Schiavo

JournalsJanuary 1, 2011
The case of Terri Schiavo is almost as controversial as it is tragic.The controversy? Her husband is adamant that the doctors pull the plug on Terri, and her parents are just as determined to keep her alive.

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Rejoinder to Hoppe on Immigration

JournalsJanuary 1, 2011
The present paper is the continuation of an intra-libertarian debate over immigration.

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Contra Spooner

JournalsJuly 31, 2006
The inability of modern philosophers to furnish any kind of argument for the maintenance of a government is a notorious weakness. In Lysander Spooner's writings, it becomes an odd strength. Throughout such writings as No Treason, A Letter to Thomas F. Bayard , and "Natural Law,"...

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Punishment and Proportionality: the Estoppel Approach

JournalsMarch 1, 1998
No doubt punishment serves many purposes. It can deter crime and prevent the offender from committing further crimes. Punishment can even rehabilitate some criminals, if it is not capital. It can satisfy a victim’s longing for revenge, or his relatives’ desire to avenge. Punishment can...

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The Journal of Libertarian Studies

Why Race Matters: A Preview

JournalsFebruary 26, 1996
The Journal of Libertarian Studies , Volume 12, Number 2 (Fall 1996)

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Congestion and Road Pricing

Journals
Traffic congestion reaches into all aspects of living: working, shopping, recreation. It insidiously cripples the ability of people to coordinate activities with one another, as it becomes virtually impossible to make exact appointments —a broad interval of time is usually the best that can...

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Land-Use Planning: Implications of the Economic Calculation Debate

Journals
The recent widely cited National Agricultural Lands Study (NALS) adds to the growing number of individuals and organizations holding the view that land resources are too important to be left to the "whims of market forces." In this view, there should be a shift from private ownership of...

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On the Parity of Groups

Journals
One sign of the lengthy distance we have traveled away from the liberal, individualist origins of the American political order is the surprising prevalence of that visualization of social discrimination which sees it more as a problem of attaining the proper ratios between groups than of attaining...

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Legislation and the Discovery of Law in a Free Society

Journals
Libertarians’ devotion to individual rights, and to laws in support of those rights, is unquestionable. Most of the laws favored by libertarians can be shown to be consistent with our individual rights — unlike the blatantly illegitimate laws advocated by socialists. Despite this,...

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