Once-Temporary Tariff
When the Civil War closed, the revenue acts that had been hastily passed during its course constituted a chaotic mass.
Other Schools of Thought
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Capitalism and Socialism
How many people do you know who use variations on “capitalism” to describe pretty much anything they don’t like? It’s a vice that cuts several ways.
The Anarchism of Peter Kropotkin
Kropotkin is one of the half-dozen cases of anarchocommunists that are worth a second look.
The Scottish Enlightenment and Presbyterianism
Hutcheson, Hume, and Smith, while scarcely orthodox Calvinists, were dedicated Presbyterians according to their own lights, writes Murray N.
The Alleged Unbroken Trend Toward Progress
What is called economic progress is the effect of an accumulation of capital goods exceeding the increase in population, writes Ludwig von Mises (1
The President’s Own Dumb Rules
President Barack Obama promised recently in a <i>Wall Street Journal</i> op-ed to undertake a grand review of economic regulation in the United States and get rid of rules that "are not worth the cost, or that are just plain dumb." Yet he has added plenty of dumb regulations himself.
Letter from an Austrian in Austria
Try to find someone in present-day Vienna who is familiar with the exceptional work of the former finance minister of the Austrian monarchy.
Francis Hutcheson: Teacher of Adam Smith
Hutcheson brought to Scottish philosophy a solid belief in natural rights and in the beneficence of nature.
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.
