The Journal of Libertarian Studies

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Coase and Demsetz on Private Property Rights

Legal SystemU.S. Economy

07/30/2014The Journal of Libertarian Studies
In his seminal work, "The Problem of Social Cost," Coase held that in cases of private property right disputes involving what have been called externalities, "with costless market transactions, the decision of the courts concerning liability for damage would be without effect on the...
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1_2_4_0.pdf

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Conservation, "X-Inefficiency" and Efficient Use of Natural Resources

The EnvironmentU.S. HistoryInterventionism

07/30/2014The Journal of Libertarian Studies
The early conservation movement in the United States was initiated by Theodore Roosevelt in 1908 when he called together a conference of state governors. The premise of the conservation movement, sometimes pointed to as Roosevelt's most lasting achievement, was that natural resources are being...
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3_4_2_0.pdf

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A Laissez-Faire Fable of the Czech Republic

Free MarketsWorld HistoryPhilosophy and MethodologyPolitical Theory

07/30/2014The Journal of Libertarian Studies
It is the task of this paper to describe what can happen to “a good cause” when it is “ineptly defended,” and to address the problem of the relationship between a verbal free-market support and advocacy in general on one hand, and practical political statements and policy...
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14_2_2_0.pdf

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Libertarian Literature Review, Issue 13 Number 1

Austrian Economics Overview

07/30/2014The Journal of Libertarian Studies
This section provides short descriptions of scholarly articles expounding on libertarian theory or otherwise of special interest to libertarians. The articles listed will be drawn exclusively from non-libertarian periodicals, since specialized libertarian fora are well-known sources of libertarian...
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13_1_7_0.pdf

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Enforced Equality Or—Justice?

Big GovernmentMedia and CulturePolitical Theory

07/30/2014The Journal of Libertarian Studies
In the Preface to me Mirage of Social Justice, the second volume of his trilogy on Law,Legislation and Liberty, F. A. Hayek explained that "circumstances have contributed to delay the publication of the second volume of this work." The chief circumstance was "dissatisfaction with the...
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8_1_3_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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Gustave de Molinari and the Anti-statist Liberal Tradition: Part 1

World HistoryOther Schools of ThoughtPhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
The origins of liberal anti-statism go back at least to the radical dissent of the Levellers in the English Revolution of the seventeenth century. Their efforts to defend themselves against the power of the state, which wanted to control of prohibit their religious practices, resulted in some of...
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5_3_3_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...
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3_1_3_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 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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