The Journal of Libertarian Studies

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...

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Rejoinder to Hoppe on Immigration

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

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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.

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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,"...

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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...

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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)

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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)

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The Development of Municipal Fire Departments in the United States

Institute Publications
This article is an inquiry into the reasons for government provision of a specific economic service-that of extinguishing fires-in the United States. It is, therefore, an inquiry into the reasons why fire companies or departments have rarely been, in the United States, privately owned and operated...

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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...

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Classical Liberal Exploitation Theory: A Comment on Professor Liggio's Paper

Institute Publications
In the popular academic mind, the doctrine of class-conflict seems to be inextricably linked to the particular Marxist version of the idea. Lip-service is often paid - especially by those eager to diminish the claims to originality of Marx and Engels - to the fact that these writers had precursors...

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