The Journal of Libertarian Studies

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Matter of Degree, Not Principle: The Founding of the American Liberty League

Booms and BustsU.S. EconomyU.S. History

07/30/2014The Journal of Libertarian Studies
On October 29, 1929, the roof fell in on the booming American economy. A nation that since World War I had come to believe material progress was inevitable and unstoppable suddenly witnessed the most surreal of spectacles: panic on Wall Street. The change in economic conditions dashed the...
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6_2_3_0.pdf

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Justice Entrepreneurship In a Free Market

Free MarketsLegal SystemEntrepreneurship

07/30/2014The Journal of Libertarian Studies
Modern libertarian thought is essentially deductive in character. Building from a foundation in natural law, libertarians derive the principle of non- aggression; and from this they deduce the standards of a just society. Consistency is the key word: what is permissible in the political sphere must...
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3_4_4_0.pdf

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Charles Dunoyer and French Classical Liberalism

BiographiesOther Schools of Thought

07/30/2014The Journal of Libertarian Studies
(Barthelemy) Charles (Pierre Joseph) Dunoyer (1786-1862) was born on May 20, 1786 at Caremac in ancient Tureme (Quercy, Cahorsin), the present-day Lot. His father, Jean-Jacques- Philippe Dunoyer, was seigneur de Segonzac. Destined at an early age for the order of St. Jean de Malte, he began his...
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1_3_1_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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F.A. Hayek on Constructivism and Ethics

Philosophy and Methodology

07/30/2014The Journal of Libertarian Studies
Long before receiving his Nobel Prize, Friedrich von Hayek was well respected in the academic community. John Maynard Keynes had glowing praise for Hayek's 1944 The Road to Serfdom . Milton Friedman and Paul Samuelson, antagonists on many issues, agree that Hayek's 1945 "The Use of Knowledge in...
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4_4_2_0.pdf

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J.S. Mill: The Utilitarian Influence in the Demise of Laissez-faire

Free MarketsOther Schools of Thought

07/30/2014The Journal of Libertarian Studies
The period which encompasses, roughly, the years from 1836 to 1870, was the critical one for political economy as conceived by Adam Smith. It was at this juncture that some of the inconsistencies in the doctrine of the Classical Economists of the earlier years came to be questioned, that certain...
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2_2_6_0.pdf

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Publisher's Note

Austrian Economics Overview

07/30/2014The Journal of Libertarian Studies
The Mises Institute is honored to be taking over the public action of The Journal of Libertarian Studies , one of the most important scholarly journals to appear in the history of ideas. In a market too often dominated by conventional wisdom, academic log-rolling, and risk-averse research with no...
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14_2_1_0.pdf

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The Poet as Economist : Shelley's Critique of Paper Money and the British National Debt

Global EconomyMoney and BanksMonetary Theory

07/30/2014The Journal of Libertarian Studies
Was Percy Shelley, the great English Romantic poet, a socialist? This may sound like an odd question, since, according to the Oxford English Dictionary , the word socialist was not even coined until 1833, that is, 11 years after Shelley died. Yet, despite the fact that Shelley could not have been...
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13_1_2_0.pdf

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Efficiency vs Ethics: Which is the Proper Decision Criterion in Law Cases?

Monetary TheoryProduction Theory

07/30/2014The Journal of Libertarian Studies
Ever since economists undertook an economic analysis of the law there has waged the debate as to the proper criterion to use in deciding law cases. So far two criteria have occupied center stage: efficiency and ethics. This paper seeks to closely examine each criterion in terms of its relationship...
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6_1_3_0.pdf

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