The Journal of Libertarian Studies

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Equality and Equal Opportunity

07/30/2014The Journal of Libertarian Studies
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-...
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1_2_5_0.pdf

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Anarchism and the Public Goods Issue: Law, Courts, and the Police

Free MarketsPhilosophy and MethodologyProduction Theory

07/30/2014The Journal of Libertarian Studies
This paper is an attempt to use what is essentially "public choice" analysis- which assumes that individuals will make "rational" choices based on self-interest- to show how the primary collective good, security, might be provided noncoercively, i.e., in the absence of a state. Volume 9, Number 1 (...
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9_1_3_0.pdf

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An Economic Analysis of the Norris-LaGuardia Act, the Wagner Act, and the Labor Representation Industry

Legal SystemPolitical TheoryProduction Theory

07/30/2014The Journal of Libertarian Studies
Economists have been relatively silent about the legislation from the 1930's which supports unionism and collective bargaining in the United States. A failure to apply economic analysis to the Norris-LaGuardia and Wagner acts has allowed a consensus about this legislation to develop among labor...
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6_3_3_0.pdf

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Boom and Bust: The Political Economy of Economic Disorder

U.S. EconomyMonetary TheoryPolitical Theory

07/30/2014The Journal of Libertarian Studies
Adam Smith noted in 1776 that "What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." The Classical economists generally believed that principles of sound business practice were equally appropriate for a family and for government, and this belief...
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4_1_1_0.pdf

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Pension Fund Socialism: A Critique

07/30/2014The Journal of Libertarian Studies
In a provocative book recently published"'. Peter F. Drucker undertakes to show how the generalization of pension funds in the last 25 years has brought about profound changes in the American economy and society. One of the theses developed in the hook has in the past received a good deal of...
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2_2_10_0.pdf

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The Fall and Rise of Puritanical Policy in America

Big GovernmentTaxes and SpendingU.S. HistoryInterventionism

07/30/2014The Journal of Libertarian Studies
Like the Prohibition generation of the 1920s, Americans today seem unaware of their long history of experimentation with prohibition. From the sumptuary legislation of the Puritans, through the Whiskey Rebellion and Progressive Era, to the current war on drugs, America has experienced the cycle of...
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12_1_7_0.pdf

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Richard Cantillon

Capital and Interest TheoryOther Schools of ThoughtPhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
In economics, just as in other sciences, it is by no means an exceptional occurrence to find that, no sooner has a "new" doctrine made its mark, than earlier, completely forgotten writers are discovered who perceived those newly accepted ideas with brilliant insight in their own day and set them...
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7_2_2_0.pdf

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"Come What, Come Will!" Richard Overton, Libertarian Leveller

Free MarketsU.S. HistoryInterventionism

07/30/2014The Journal of Libertarian Studies
The Levellers were a group of politically active soldiers and civilians whose organized efforts during the English Civil War (1642–1649) were based on their beliefs in individual liberty. John Lilburne was their popularly recognized leader, but it is in the works of his associate, Richard Overton,...
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4_4_7_0.pdf

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Markets, True and False: The Case of Yugoslavia

InterventionismPrivate Property

07/30/2014The Journal of Libertarian Studies
This paper will discuss the emergence and shortcomings of Yugoslav market socialism. The central theme is that markets without saleable property rights are an illusion. As Mises and Hayek have so clearly demonstrated, truly competitive markets require individual freedom and hence private property...
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2_3_6_0.pdf

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Comments About the Mathematical Treatment of Economic Problems

Calculation and Knowledge

07/30/2014The Journal of Libertarian Studies
It is not possible to examine thoroughly the question of the mathematical treatment of economic problems within the frame of a brief essay. Fundamental questions of philosophy and epistemology, impossible to dispose of in a few sentences, would have to be raised. There- fore, only a few points will...
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1_2_2_0.pdf

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