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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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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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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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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"All Mankind is One": The Libertarian Tradition in Sixteenth Century Spain

Journals
It would probably be looked upon as unusual to associate sixteenth century Spain with the libertarian tradition. However, during that time there arose a school of natural law thinkers and activists who espoused a universal ethic of freedom, which they saw as applicable to all mankind. Volume 8,...

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The "Criminal" Metaphor In the Libertarian Tradition

Journals
The doctrine of natural liberty is ultimately grounded on two premises which are necessary to the understanding of why governments are "criminal." By the self-ownership axiom, every individual has an absolute right to his or her own mind and body and the labor thereof; i.e., each person...

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An Economic Analysis of the Norris-LaGuardia Act, the Wagner Act, and the Labor Representation Industry

Journals
Economists have been relatively silent about the legislation from the 1930's which supports unionism and collective bargaining in the United States. A failure to apply economic analysis to the Norris-LaGuardia and Wagner acts has allowed a consensus about this legislation to develop among labor...

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The Lying Truths of Psychiatry

Journals
Of all the lying truths popular today, one of the most important is surely the mendacity inherent in the term "mental illness." In addition to asserting a falsehood concealed as a truth, this term also generates and justifies a host of related mendacious propositions and deceitful...

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