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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Market Socialism: A Subjectivist Evaluation

Journals
This essay is an attempt to provide a modern overview of the economic calculation debate from the Austrian School perspective. Specifically, the many arguments against market socialism will be consolidated to demonstrate the neglected theoretical strength of the free-market perspective. In this...

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Some Comments on the Rhetoric of the Environmental Movement

Journals
The following essay attempts to touch on one aspect of modern environmentalism and to examine it against the backdrop of the values associated with a truly liberal society. What I hope to do is to explore certain traits common to the rhetoric of the environmental movement that I find particularly...

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Voluntaryism: The Political Thought of Auberon Herbert

Journals
Auberon Herbert (1838- 1906) was one of the distinctive figures in the profound and wide ranging intellectual debate which took place during the late Victorian age. It was during this period, in the intellectual and social ferment of the 1880s and 1890s, that Herbert formulated and expounded...

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Richard Cantillon and the French Economists: Distinctive French

Journals
Richard Cantillon's life and his Essai occurred at a time of transition in European political, economic and intellectual history. The late seventeenth century had experienced the crisis in European thought which paralleled the Scientific Revolution. Accompanying the scientific revolution was a...

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