The Journal of Libertarian Studies

Cumulative Index

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...

Not even the most doctrinaire egalitarian will deny that heredity affects, if it does not deter- mine, individual intelligence, strength, vitality, and the capacity to develop certain skills. There are three other dimensions of inequality, how- ever, which are universal, and yet commonly over-...

Long before receiving his Nobel Prize, Friedrich von Hayek was well respected in the academic community. John Maynard Keynes had glowing praise for Hayek's 1944 The Road to Serfdom . Milton Friedman and Paul Samuelson, antagonists on many issues, agree that Hayek's 1945 "The Use of...