The Journal of Libertarian Studies

Displaying 1 - 10 of 521

The Marginal Efficiency of Capital: A Comment

Institute PublicationsJanuary 30, 2015
ABSTRACT : The impact of interest rates on investment choices is a key element in both Keynesian and Austrian theories of the business cycle. Fuller (2013) compares the Keynesian Marginal Efficiency of Capital approach to the Austrian Net Present Value approach, claiming that the two give different...

Read more

Rejoinder to Hoppe on Immigration

Institute PublicationsJanuary 1, 2011
The present paper is the continuation of an intra-libertarian debate over immigration.

Read more

Terri Schiavo

Institute PublicationsJanuary 1, 2011
The case of Terri Schiavo is almost as controversial as it is tragic.The controversy? Her husband is adamant that the doctors pull the plug on Terri, and her parents are just as determined to keep her alive.

Read more

Contra Spooner

Institute PublicationsJuly 31, 2006
The inability of modern philosophers to furnish any kind of argument for the maintenance of a government is a notorious weakness. In Lysander Spooner's writings, it becomes an odd strength. Throughout such writings as No Treason, A Letter to Thomas F. Bayard , and "Natural Law,"...

Read more

Punishment and Proportionality: the Estoppel Approach

Institute PublicationsMarch 1, 1998
No doubt punishment serves many purposes. It can deter crime and prevent the offender from committing further crimes. Punishment can even rehabilitate some criminals, if it is not capital. It can satisfy a victim’s longing for revenge, or his relatives’ desire to avenge. Punishment can...

Read more

The Journal of Libertarian Studies

Why Race Matters: A Preview

Institute PublicationsFebruary 26, 1996
The Journal of Libertarian Studies , Volume 12, Number 2 (Fall 1996)

Read more

The Journal of Libertarian Studies

Professor Kroy on Contract and Freedom: Comment

Institute PublicationsMay 22, 1977
The Journal of Libertarian Studies , Volume 1, Number 3 (1977)

Read more

The Political Economy of Monarchy and Democracy, and the Idea of a Natural Order

Institute Publications
A government is a territorial monopolist of compulsion — an agency which may engage in continual, institutionalized property rights violations and the exploitation — in the form of expropriation, taxation and regulation — of private property owners. Assuming no more than self-...

Read more

Markets, True and False: The Case of Yugoslavia

Institute Publications
This paper will discuss the emergence and shortcomings of Yugoslav market socialism. The central theme is that markets without saleable property rights are an illusion. As Mises and Hayek have so clearly demonstrated, truly competitive markets require individual freedom and hence private property...

Read more

Free Thought and Free Trade: The Analogy Between Scientific and Entrepreneurial Discovery Processes

Institute Publications
To state with precision and force the economic and moral imperative of the free market has been of the utmost concern to some of civilization's foremost thinkers. From the early writings of the classical political economists and moral philosophers, to the most recent works of modem authors, the...

Read more