The Journal of Libertarian Studies

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Jacksonians, Banking, and Economic Theory: A Reinterpretation

Money and BanksU.S. HistoryMoney and Banking

07/30/2014The Journal of Libertarian Studies
Andrew Jackson's war upon the Second Bank of the United States and the economic consequences stemming from it badly need a new historical interpretation. The traditional interpretation asserts that Jackson's veto of the Bank re-charter and withdrawal of government deposits caused an inflation;...
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2_2_7_0.pdf

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Prejudice is Free, but Discrimination has Costs

Big GovernmentInterventionism

07/30/2014The Journal of Libertarian Studies
Thomas Sowell provides examples of people from many parts of the world demanding that their governments restrict the economic and occupational success of specific ethnic or racial groups. However, when the same people act as individuals or business owners, they actively resist and/or circumvent...
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14_2_3_0.pdf

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An Integration of The Wealth of Nations with The Theory of Moral Sentiments

Capital and Interest TheoryEntrepreneurshipMonetary TheoryOther Schools of Thought

07/30/2014The Journal of Libertarian Studies
This paper contends that Adam Smith meant what he said; human nature is ennobled by the cultivation of its lands, the advancement of its manufactures, the increase of its commerce, etc. Since it describes the environment in which these improvements will most likely occur, The Wealth of Nations...
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8_2_7_0.pdf

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English Individualists As They Appear in Liberty

07/30/2014The Journal of Libertarian Studies
Liberty , an international clearinghouse for libertarian ideas during the almost three decades of its existence (1881-1908), reported on and editorialized about the ideology and politics of the English individualist movement. The purpose of this paper is to bring to light some of the little known...
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6_1_4_0.pdf

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The Development of Municipal Fire Departments in the United States

Taxes and SpendingU.S. HistoryMonopoly and Competition

07/30/2014The Journal of Libertarian Studies
This article is an inquiry into the reasons for government provision of a specific economic service-that of extinguishing fires-in the United States. It is, therefore, an inquiry into the reasons why fire companies or departments have rarely been, in the United States, privately owned and operated...
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3_3_6_0.pdf

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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 allocation of...
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1_2_4_0.pdf

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Millenialism and the Progressive Movement

Media and CulturePhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
Murray Rothbard was seriously interested in a remarkably large array of topics, one of them being the effects of rival eschatological views during the Progressive era. The period was marked by four major eschatological views: postmillennialism, amillennialism, and the two forms of premillennialism...
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12_1_6_0.pdf

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How Philosophical Errors Impede Freedom

Legal SystemPhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
That philosophic ideas count is no news to Austrian economists, whose economic theories rest on conceptual analyses of action and value. But philosophy can confuse as well as guide. In this article, I will discuss two philosophical mistakes that in recent times have supported dangerous idiocy while...
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14_1_7_0.pdf

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Rawls and Children

InterventionismPolitical Theory

07/30/2014The Journal of Libertarian Studies
The status of children in the societal scheme proposed by John Rawls is determined by what would be the decision of persons in the original position. To see how Rawl's concept of justice pertains to children, we will look at three things: (1) Who the decision-makers are in the original position; (2...
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2_2_2_0.pdf

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Moral Development and Critiques of Anarchism

Free MarketsOther Schools of ThoughtPolitical Theory

07/30/2014The Journal of Libertarian Studies
The most obvious and widely shared criticism of anarchism is that it is, quite simply, impractical. It is argued that people need the state and government in order to survive. Humans are, to the critics, by nature or socialization greedy and uncooperative, and the state is needed to protect people...
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8_2_4_0.pdf

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