Gustave de Molinari became the grand old man of classical liberalism, crediting Pareto. Molinari understood that the main issue in the Civil War was the tariff, not slavery. In Italy economists founded free market economics, crediting Bastiat.
Humans are prone to envy, writes Helmut Schoeck in Envy: A Theory of Social Behavior. Humans try to set up a society in which none is envious of another. George Stigler of the Chicago School saw man as always a utility maximizer.
Germany surrendered conditionally in 1919 under the Treaty of Versailles. Everybody opposed the treaty, but it was forcibly implemented. Revisionism is necessary to combat state propaganda, e.g. the lie in WWII that FDR was surprised by Pearl Harbor.
Ralph Raico covers classical liberalism’s growth, development and possible future. Liberalism arose in Europe entwined with Christianity. Why Europe? The East lacked the idea of freedom from the state and never established the legal system that could protect wealth. Europe had multiple, decentralized competing powers, not a universal empire.
So long as we get liberty, the name doesn't matter, writes Llewellyn H. Rockwell, Jr. But it does matter that the Bush campaign would take unto itself a term like "ownership" in an attempt to dupe people.
There was a natural law tradition from antiquity and the middle ages. Natural law is the oldest and most frequently used concept of political theory. Natural law is the principles that are to be established if justice were to prevail. Or, it is the scientific laws of man and his environment.
Katy Delay writes of a group of Democrats who are working to revive the "third way" fashion from the 1990s.
Roderick Long leads The Mises Circle: An Informal Discussion of Anarchy at Mises University 2004.
In Lawson’s view, mainstream economics is not a successful discipline. He does not, in analogy to Bhaskar, ask how is existing economics possible? To do so in his view would not generate results of interest.
Even if markets can somehow better anticipate the outcome, writes B.K. Marcus, prediction markets will not achieve their full potential until they incorporate the power of profit-seeking self-interest.
