Philosophy and Methodology

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J.C. Lester

Untangling the libertarian concepts of interpersonal liberty, this article proposes a new paradigm of libertarianism to solve the old one's problems.

Ludwig von Mises

Economic history is possible only because there is an economic theory capable of throwing light upon economic actions. If there were no economic theory, reports concerning economic facts would be nothing more than a collection of unconnected data open to any arbitrary interpretation.

Frank Shostak

Statistical data is merely history, but a competent historian does not simply let the events speak for themselves. He arranges them according to the ideas underlying the general notions he uses in their presentation. He does not report facts as they happened, but only relevant facts.

David Gordon

Karl Marx agreed with Rothbard that individual rights lead to inequality. For Marx, though, this was an argument against rights.

Murray N. Rothbard

Only Spooner realized that it would be compounding crime and error to try to use government to right the wrongs committed by another government.

David Gordon

State agents are wrong when they claim, "If you stay here, you must follow our rules. If you do follow our rules, you have tacitly consented to obey us."

Frank Shostak

Many modern economists think the standard for a "good" economic theory is how well it predicts future trends. Not only are most economists terrible at making predictions, but the whole premise of economics as being about predicting things is a flawed idea.