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...

Read more

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.

Read more

Rejoinder to Hoppe on Immigration

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

Read more

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,"...

Read more

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...

Read more

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)

Read more

Classical Liberal Exploitation Theory: A Comment on Professor Liggio's Paper

Institute Publications
In the popular academic mind, the doctrine of class-conflict seems to be inextricably linked to the particular Marxist version of the idea. Lip-service is often paid - especially by those eager to diminish the claims to originality of Marx and Engels - to the fact that these writers had precursors...

Read more

Secession Reconsidered

Institute Publications
The idea of secession has been around ever since there have been governments. It is an especially relevant topic today, as the emerging democracies in Eastern and Central Europe attempt to form new, stable political and economic units. The idea of secession, however, should not be limited to new...

Read more

Moral Relativism as a Foundation for Natural Rights

Institute Publications
The theory of natural rights is often put forward as competition of moral relativism, most recently in an article in this journal by Loren Lomasky. I want to suggest, on the contrary, that the two positions are compatible and, indeed, that moral relativism provides the only plausible foundation for...

Read more

The Sanctuary Society and its Enemies

Institute Publications
At least two fundamental principles of Western law had their origin in Mosaic Israel. The first principle was the rule of law itself: every resident was to be protected equally by the civil law. The second principle was open immigration. The nation’s treatment of the immigrant served as a...

Read more