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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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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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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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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White Male Privilege? A Social Construct for Political Oppression

Institute Publications
Each day in America, white males face government-sponsored discrimination. If in high school, the white male may be denied a chance to apply for special programs because he is not a preferred minority, or in some cases, a female. There are scholarships available, but many cannot be awarded to white...

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The Foreign Policy of the Old Right

Institute Publications
The categories of "right" and "left" have been changing so rapidly in recent years in America that it becomes difficult to recall what the labels stood for not very long ago. In the case of the left, this have become common knowledge, and we are all familiar with the contracts...

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A Laissez-Faire Fable of the Czech Republic

Institute Publications
It is the task of this paper to describe what can happen to “a good cause” when it is “ineptly defended,” and to address the problem of the relationship between a verbal free-market support and advocacy in general on one hand, and practical political statements and policy...

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The "Criminal" Metaphor In the Libertarian Tradition

Institute Publications
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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