Private Property
If You Believe in IP, How Do You Teach Others?
How do you at once enforce intellectual property and uphold the ideal of a university, which is, after all, about teaching and spreading ideas to others?
Debt and Repudiation in Mississippi
"As well as repudiating the Mississippi Union Bank bonds in 1840, the state effectively repudiated the debts owed to the state banks."
Common Objections to Capitalism
The system of voluntary exchange and experimentation based on secure private-property rights—what we loosely call "capitalism"—expands rather than restricts our material and nonmaterial opportunities.
Entrepreneurs: The Real “Peace Prize” Winners
The more entrepreneurs can engage in peaceful and coordinating actions that try to satisfy demands of consumers, the less likely war is made.
Halloween and Its Candy Economy
Halloween was all about treats, and, despite what the opponents of the exchange economy will tell you, there was no trick about it anywhere you looked.
Freedom and Property: Where They Conflict
Obviously, the free movement proviso is a far-reaching restriction of the property right of route owners as it would be defined according to the "freedom as property" conception, but it is not an arbitrary restriction — in fact, it is rooted the idea of freedom, which is, or should be, the supreme libertarian value.
A Note on Intellectual Property and Externalities
What counts in the market are the externalities that can be derived from intellectual property. How to deal with these externalities is, of course, a different matter.
The Wall Street Journal Defends the Predator State
The predator state cannot be tamed. Only when the public withdraws its consent will the predations come to an end.
Radical Patent Reform Is Not on the Way
"Calls for abolition of the patent system — especially those coming from a principled, rights-based approach — are very unlikely to be adopted at the present time."