Political Theory
Other People’s Money
I always knew that if the Republicans were ever to become the majority party, they would do it by mimicking the Democrats.
The Possibility of Private Law
Can free enterprise be the sole provider of law and justice? Robert Murphy, author of Chaos Theory, writes that the idea is often dismissed out of hand.
An Economic Analysis of Power
Michael Rozeff explains ways in which power comes to work its evil. A ruler is never as careful with public money as with his own.
The Transformation of the American Right
1. Free Trade
Free trade is "I give you something; you give me something in return". Trade rights are part of property rights. Nosick calls trade a capitalist act between consenting adults. If you trade, you won't fight. It becomes harder to have wars. Trade benefits all parties.
5. Environmentalism
Environmentalism sees market failure as the cause of environmental problems. Block sees the absence of private property rights and the interference of government as the causes of problems. Libertarianism provides solutions. Man is not a cancer on the planet. Markets have not failed.