The Journal of Libertarian Studies

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Liberalism versus Democracy

U.S. HistoryPolitical Theory

07/30/2014The Journal of Libertarian Studies
A process that drew attention at the turn of the century, and even earlier, was the movement from a bourgeois liberal society into a mass-democratic society. Not all of those who observed this process made the same judgments about it. Volume 12, Number 2 (1996)
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12_2_2_0.pdf

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The Private Production of Defence

Free MarketsPrivate PropertyProduction Theory

07/30/2014The Journal of Libertarian Studies
Among the most popular and consequential beliefs of our age is the belief in collective security. Nothing less significant than the legitimacy of the modern state rests on this belief. This article demonstrates that the idea of collective security is a myth that provides no justification for the...
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14_1_2_0.pdf

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Harold J. Laski: The Liberal Manque or Lost Libertarian?

BiographiesMonetary TheoryOther Schools of ThoughtPolitical Theory

07/30/2014The Journal of Libertarian Studies
A generation after his death in 1950, Harold Laski, the eminent political scientist, socialist, and British Labour Party leader, is almost forgotten apart from an occasional monograph analyzing his political theories. Yet he remains significant and, rather paradoxically perhaps, his ideas are...
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4_2_2_0.pdf

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Negative Interest Rate: Toward a Taxonomic Critique

Money and BanksTaxes and Spending

07/30/2014The Journal of Libertarian Studies
A basic principle of Austrian economics is that the originary rate of interest (the rate of discount of future goods compared to present, otherwise identical, goods) can never be negative. The reason for this arises not because capital is productive, nor out of man's psychology. Nevertheless, in...
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2_2_4_0.pdf

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Socialism and 'Social' Justice

Philosophy and MethodologyPolitical Theory

07/30/2014The Journal of Libertarian Studies
In his Preface to The Mirage of Social Justice , Hayek explained how he came to conclude “that the Emperor had no clothes on, that is, that the term ‘social justice’ was entirely empty and meaningless” and “that the people who habitually employ the phrase simply do not know themselves what they...
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11_2_2_0.pdf

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Tax Rate vs Tax Base: A Public Choice Perspective on the Consequences for the Growth of Government

Big GovernmentTaxes and Spending

07/30/2014The Journal of Libertarian Studies
In recent years, as libertarian policy analysts have put their minds to the question of tax reform, some have succumbed to the lure of a broad-based, proportional, or flat, income tax. Under these proposals, the current progressive multirate structure would be replaced by a single rate that would...
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8_1_6_0.pdf

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The War for Southern Independence: A Radical Libertarian Perspective

U.S. HistoryWar and Foreign Policy

07/30/2014The Journal of Libertarian Studies
This paper will present a radical libertarian analysis of the War of 1861-65; as such, it will disagree in many ways with existing interpretations. It will be frankly evaluative in libertarian terms and will not assume that things "had to" turn out just exactly as they did ( pace the Locomotive of...
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3_1_3_0.pdf

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Toward a Reformulation of the Law of Contracts

Legal System

07/30/2014The Journal of Libertarian Studies
Many of the problem areas in the law of contracts stem from the historical fact that the law of contracts has been fashioned out of material that does not fit together logically. Some jurists view contracts as conventions serving to secure people's expectations. These jurists, who support their...
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1_1_2_0.pdf

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From Theory to Reality: Barriers Confronting Libertarians

Philosophy and MethodologyPolitical Theory

07/30/2014The Journal of Libertarian Studies
Classical Liberalism, especially of the Austrian inclination, and Libertarianism are by now recognized as the most influential research traditions of our time. While it would be superfluous here to repeat the reasons for such widespread significance, it should not be overlooked that, so far, the...
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13_1_5_0.pdf

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The Proprietary Theory of Justice in the Libertarian Tradition

Legal SystemPrivate Property

07/30/2014The Journal of Libertarian Studies
The central ideas of contemporary libertarianism have taken many centuries to evolve. The single most important aspect of libertarian theory to have emerged during this time is the concept of proprietary justice. The proprietary theory of justice is concerned with just one thing: the crucial...
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6_3_6_0.pdf

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