The Journal of Libertarian Studies

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Reciprocal Exchange as the Basis for Recognition Of Law: Examples from American History

Free MarketsLegal SystemU.S. HistoryPolitical Theory

07/30/2014The Journal of Libertarian Studies
The literature of American legal history is primarily a history of federal and state governments, creating the false impression that these governments have produced and enforced all relevant law. Indeed, there seems to be a widely held belief that law and order could not exist in a society without...
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10_1_4_0.pdf

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Ludwig Von Mises and Natural Law: A Comment on Professor Gonce

Other Schools of ThoughtPhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
In an article on Ludwig von Mises,' Professor R. A. Gonce has performed a remarkable feat: for he has ascribed to a writer who has had nothing but scorn for natural law, a system of economics grounded on such an ethical philosophy -and as a corollary, he has attributed a fusion of the is and...
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4_3_5_0.pdf

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Cost and Choice: Austrian vs Conventional views

Capital and Interest TheoryFiscal Theory

07/30/2014The Journal of Libertarian Studies
The primary purpose of this paper is to contrast Austrian and conventional concepts of cost. Cost in the logic-of-choice context of conventional neoclassical economic theory is contrasted with subjective cost relevant to individual decision-making. The Austrian subjectivist concept of cost is shown...
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2_4_4_0.pdf

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Land Use Regulation: A Supply and Demand Analysis of Changing Property Rights

InterventionismPrivate Property

07/30/2014The Journal of Libertarian Studies
Two trends stand out in an examination of the historical development of land use regulation in the United States. First, continually increasing controls have been placed on the rights of private landowners to use their land as they please. Second, in recent years state and federal involvement in...
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5_4_5_0.pdf

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Enforcement of Private Property Rights in Primitive Societies: Law without Government

Free MarketsOther Schools of ThoughtPhilosophy and MethodologyPrivate Property

07/30/2014The Journal of Libertarian Studies
If law exists only where there are state-backed courts and codes, then every primitive society was lawless. Indeed, one widely held definition or "theory" of law is that "the rule of law simply means the 'existence of public order.' It means organized government, operating...
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9_1_1_0.pdf

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A Spectre is Haunting America: An Interpretation of Progressivism

Calculation and KnowledgeOther Schools of Thought

07/30/2014The Journal of Libertarian Studies
The Progressive Era and the eighteen-nineties immediately preceding it have probably been the foci of more superior scholarship than any other periods in American history. Yet, as the volume of research has increased, the divisions in interpreting the data are sharper now than ever before. Volume 3...
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3_3_1_0.pdf

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Private Police: A Note

Big GovernmentThe Police StateTaxes and Spending

07/30/2014The Journal of Libertarian Studies
There are those to whom the question of whether to privatize the nation’s police forces is mere academic whimsy—a question of consequence only to the eggheads and cranks of the Academy, not to those who so solidly inhabit the “real world.” Most of these believe the...
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14_1_5_0.pdf

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Democracy and Laissez Faire: the New York State Constitution of 1846

U.S. EconomyU.S. HistoryPolitical Theory

07/30/2014The Journal of Libertarian Studies
The New York Constitution of 1846 placed strict limits on the state's ability to borrow money to avert bankruptcy and default.
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1_4_5_0.pdf

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West's "Cantillon and Adam Smith": A Comment

07/30/2014The Journal of Libertarian Studies
Students and admirers of Adam Smith will welcome Edwin West's reappraisal of the relationship between Smith and Cantillon. They have come to expect that each new effort by West will be a treat, and they have come to accept that each will be ever so slightly biased in favor of Smith. West's...
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7_2_7_0.pdf

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Shackle: A Critical Sampling

BiographiesOther Schools of Thought

07/30/2014The Journal of Libertarian Studies
The works of Shackle are a mixed bag. There is no better critique of the modern Neoclassical orthodoxy than his Epistemics and Economics and few worse analyses of Keynes than his essay "Keynes and the Nature of Human Affairs". We do not have a unified coherent body of thought but rather...
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2_2_5_0.pdf

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