Anarchism and the Public Goods Issue: Law, Courts, and the Police
This paper is an attempt to use what is essentially “public choice” analysis- which assumes that individuals will make “rational&
Production Theory
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Stork Markets: An Analysis of “Baby-Selling”
This essay presents a conceptual and moral rather than an economic analysis of “baby-selling.” Its purpose is to address certain fundam
The Private Production of Defence
Among the most popular and consequential beliefs of our age is the belief in collective security.
John Locke and the Labor Theory of Value
It is taken for granted by most economists and political philosophers that John Locke was in some sense a precursor of the labor theories of value
The Political Economy of Monarchy and Democracy, and the Idea of a Natural Order
A government is a territorial monopolist of compulsion — an agency which may engage in continual, institutionalized property rights violations and
Efficiency vs Ethics: Which is the Proper Decision Criterion in Law Cases?
Ever since economists undertook an economic analysis of the law there has waged the debate as to the proper criterion to use in deciding law cases.
Technological Change and the Profit Motive
The United States emerged with a superior technology early in the nineteenth century.
Specialization and the Division of Labor In the Social Thought of Plato and Rousseau
The differing attitudes of Plato and Rousseau toward specialization and the division of labor color their views on who should formulate policy on p
Third Thoughts on Contracting Out
Like many libertarians, I used to accept without question the idea that contracting out for government services was a good idea.
Labor And the Austrian School: An Interview with Morgan Reynolds
Volume 23, Number 2 (Summer 2003)
