The Journal of Libertarian Studies

The Marginal Efficiency of Capital: A Comment

Institute PublicationsJanuary 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

Institute PublicationsJanuary 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

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

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Contra Spooner

Institute PublicationsJuly 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

Institute PublicationsMarch 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

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

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Sociological Theory in the Shadow of Durkheim's Revolt Against Economics

Institute Publications
Over the span of one hundred and fifty years, dissatisfaction with one or more of the fundamental postulates of theoretical economics has given impetus to the development of new “theoretical” sciences. Depending upon one’s viewpoint, scientific socialism, sociology, institutional...

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The Law of Omissions and Neglect of Children

Institute Publications
The sort of omission that is punished by statute is neglect of a duty or obligation. Generally some obligations are thought to be deserving of enforcement. They then properly belong in a society's legal code. Other obligations are merely moral and are outside the purview of law. Thus, only...

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Libertarianism and Libertinism

Institute Publications
There is perhaps no greater confusion in all of political economy than that between libertarianism and libertinism. That they are commonly taken for one another is an understatement of the highest order. For several reasons, it is difficult to compare and contrast libertarianism and libertinism...

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The Dynamics and Dialectics of Capitalism

Institute Publications
Free societies (whatever the fine points in defining "free") are not necessarily self-perpetuating. An understanding of this has underlain many of the attempts — past and present — to clarify the nature of a capitalist economy — both its dynamics in furthering what has...

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