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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Property Rights in Celtic Irish Law

Journals
It is impossible at the present time to present a systematic, coherent description of the ancient Irish law of property. The reason is that a considerable portion of the sources have not been published in modern scientific textual editions and translations. Volume 1, Number 2 (1977)

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From Theory to Reality: Barriers Confronting Libertarians

Journals
Classical Liberalism, especially of the Austrian inclination, and Libertarianism are by now recognized as the most influential research traditions of our time. While it would be superfluous here to repeat the reasons for such widespread significance, it should not be overlooked that, so far, the...

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The Private Production of Defence

Journals
Among the most popular and consequential beliefs of our age is the belief in collective security. Nothing less significant than the legitimacy of the modern state rests on this belief. This article demonstrates that the idea of collective security is a myth that provides no justification for the...

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Libertarianism and Legal Paternalism

Journals
In his book Principles of Morals and Legislation , the eighteenth-century philosopher and legislator Jeremy Bentham divided all laws into three kinds: (1) laws designed to protect you from harm caused by other people; (2) laws designed to protect you from harm caused by yourself; and (3) laws...

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