The Journal of Libertarian Studies

Gustave de Molinari was the last of the great nineteenth-century French laissez-faire liberals.

G. Stanley Hall had been to the mountaintop, he had seen the promised land, he had as it were "achieved another new birth superimposed on that of adolescence."' He had achieved a new vision, and thus a new birth, the birth of a "superman." Hall believed that like Jesus and Buddha before him he was...

This article argues that while there are a few transparent similarities between politics and markets, the fundamental differences between them render the Stigler-Wittman view that politics is “just another market,” and therefore always “efficient,” dubious at best. Markets are not perfect in any...