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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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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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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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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Austrian Perspective on Some Leading Jacksonian Monetary Theorists

Institute Publications
The purpose of this paper is to discuss the monetary philosophies of some of the leading Jacksonian economic theorists, as revealed during their opposition to the Second Bank of the United States. The analysis will be conducted from an Austrian school monetary framework, because its proponents have...

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Rawls and Children

Institute Publications
The status of children in the societal scheme proposed by John Rawls is determined by what would be the decision of persons in the original position. To see how Rawl's concept of justice pertains to children, we will look at three things: (1) Who the decision-makers are in the original position...

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Are There Grounds for Limiting Immigration?

Institute Publications
Is there any “good” reason for a country such as the U.S. to deny entrance to persons who wish to immigrate, but who are not desired as immigrants by some or most of the current citizens? My argument will assume without further justification that an individual has a right to life,...

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