Francis Hutcheson: Teacher of Adam Smith
Hutcheson brought to Scottish philosophy a solid belief in natural rights and in the beneficence of nature.
Other Schools of Thought
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Do the Rich Oppress the Poor?
The entrepreneurs and capitalists owe their wealth to the people who patronize their businesses.
Empirical Evidence That Brad DeLong Is Completely Obtuse
DeLong misunderstood Volokh's nuanced position — which is not surprising, because he was prepared to declare Volokh insane.
Money, Power, and Old Age
Living half of one’s life as a slave and half as the master is not the same as being free.
The Healthcare Herring
Announcing that 50 million Americans are uninsured means nothing. It could be our government’s involvement that has led to the current situation.
The Rise of Statism
Higgs's book is that rare and wondrous combination: scholarly and hard-hitting, lucidly written and libertarian as well.
How Capitalists Help Build Socialism
Socialism has simmered down to the advocacy of strong government, with this proviso: that that government is best which is run by socialists. Too many capitalists have made their peace with this system.
Obama on Auto-Defrosting Refrigerators
Contrary to what the president told the US Chamber of Commerce, government regulations deserve no credit for the invention and marketing of the auto-defrosting refrigerator and freezer.
Two Visions for Europe
In order to understand the tragedy of the euro and its history, it is important to be familiar with the two diverging and underlying visions and tensions that have come to the fore in the face of a single currency.
Physiocracy and Free Trade in 18th-Century France: Strategy and Influence
It is theoretically conceivable but scarcely likely that the ruling class will rush to embrace a philosophy and a political economy that will end t
