The Journal of Libertarian Studies

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Order Without Law: Where Will Anarchists Keep the Madmen?

Monopoly and Competition

07/30/2014The Journal of Libertarian Studies
As every honest man knows, crime doesn't pay. Our main problem is that apparently no one has yet told the criminals. Crime is our number one growth industry, and currently exhibits such bullish prospects that its present competitor seems content to merely slow its rate of growth. Thus the...
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1_2_7_0.pdf

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Richard Cantillon—Banker and Economist

BiographiesCalculation and KnowledgeMonetary Theory

07/30/2014The Journal of Libertarian Studies
This paper by Antoin E. Murphy reviews Richard Cantillion's life and works. Volume 7, Number 2 (1985)...
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7_2_1_0.pdf

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Rashid on Adam Smith: In Need of Proof

Monetary Theory

07/30/2014The Journal of Libertarian Studies
Salim Rashid (1990) purports to have established some facts about Adam Smith's scholarship, significant among which are (a) Smith's plagiarism, (b) the poor quality of Smith's arguments or ideas compared with those of his predecessors or contemporaries, and (c) Smith's inconsistent...
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10_2_4_0.pdf

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The Austrian Theory of Efficiency and the Role of Government

Big GovernmentFree MarketsAustrian Economics OverviewInterventionism

07/30/2014The Journal of Libertarian Studies
The point to be emphasized in this paper is that if one starts with a different view of efficiency and market optimality, an entirely different set of conclusions relative to government intervention can be reached. In particular we will examine the approach to economics taken by the Austrian School...
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4_4_6_0.pdf

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Richard Cantillon: A Man of His Time: A Comment on Tarascio

The EntrepreneurMoney and BanksValue and Exchange

07/30/2014The Journal of Libertarian Studies
Professor Spengler refers to Richard Cantillon as the first of the modems. Professor Tarascio presents him from a current perspective. But it was the world as he knew it that Cantillon sought to explain. Inevitably he was a man of his time and it is primarily in that light that I should like to...
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7_2_4_0.pdf

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Culture of Individualist Anarchism in Late 19th Century America

History of the Austrian School of EconomicsOther Schools of Thought

07/30/2014The Journal of Libertarian Studies
Individualist anarchism in America of the late nineteenth century revolved around and was expressed through Liberty , a periodical published and edited by Benjamin R. Tucker from 1881 to 1908. It served as a conduit for foreign thought, particularly that of Proudhon and Spencer; it introduced Max...
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5_3_4_0.pdf

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Technological Change and the Profit Motive

World HistoryBusiness CyclesEntrepreneurshipProduction Theory

07/30/2014The Journal of Libertarian Studies
The United States emerged with a superior technology early in the nineteenth century. British customs officials confiscated shiploads of American clocks and other products as a violation of British anti dumping laws. They discovered, however, that the low prices on American clocks reflected lower...
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8_2_5_0.pdf

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The Reform Mentality, War, Peace, and the National State: From the progressives to Vietnam

U.S. HistoryWar and Foreign PolicyOther Schools of Thought

07/30/2014The Journal of Libertarian Studies
That the modern reform mentality has been imbued with a statist philosophy leading to imperialism and war is perhaps no surprise to libertarians. They may not always be aware, however, of the extent to which a statist philosophy, vaguely Neo-Hegelian, has characterized both American reform...
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3_1_4_0.pdf

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Religion, Politics, and the American Polity: A Dynamic View of Relationships

Media and CulturePolitical Theory

07/30/2014The Journal of Libertarian Studies
For generations, political historians used "the thought of the palace" to describe politics and party battles. They consciously borrowed the words of articulate political leaders and (perhaps) unconsciously adopted their mind sets to depict election contests as struggles over the specific...
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6_3_10_0.pdf

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Corporate Raiders and Junk-Car Dealers: Economics and the Politics of the Merger Controversy

Corporate WelfareMonetary TheoryPolitical TheoryValue and Exchange

07/30/2014The Journal of Libertarian Studies
Fueled by almost frantic efforts to adjust and adapt in the face of intense inter- national competition, American industry undertook an immense corporate restructuring in the 1980s, partly in the form of corporate mergers and takeovers. The magnitude of these corporate acquisitions, both...
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9_2_6_0.pdf

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