The Journal of Libertarian Studies

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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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Pension Fund Socialism: A Critique

07/30/2014The Journal of Libertarian Studies
In a provocative book recently published"'. Peter F. Drucker undertakes to show how the generalization of pension funds in the last 25 years has brought about profound changes in the American economy and society. One of the theses developed in the hook has in the past received a good deal of...
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2_2_10_0.pdf

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Role of Personal Justice in Anarcho-capitalism, The

Legal System

07/30/2014The Journal of Libertarian Studies
A criticism with which an anarcho-capitalist is usually assailed concerns the operation of free-market courts. How can the free market guard the interests of justice? Will not there be an incentive for a person to hire a relative (family bias) or to bribe a judge so as to receive a favorable...
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2_3_5_0.pdf

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"All Mankind is One": The Libertarian Tradition in Sixteenth Century Spain

World HistoryMonetary TheoryPhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
It would probably be looked upon as unusual to associate sixteenth century Spain with the libertarian tradition. However, during that time there arose a school of natural law thinkers and activists who espoused a universal ethic of freedom, which they saw as applicable to all mankind. Volume 8,...
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8_2_9_0.pdf

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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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Where They Stand: The Libertarian Party and Its Competition, 1968-1978

Other Schools of ThoughtPolitical Theory

07/30/2014The Journal of Libertarian Studies
When analyzing election results, the Libertarian Party and other elements of the movement focus usually on the LP's current political star in order to prove that the libertarian cause is advancing.Examples of this policy can be seen in the euphoria surrounding Hospers' electoral vote in 1972;...
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3_4_3_0.pdf

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Equality and Equal Opportunity

07/30/2014The Journal of Libertarian Studies
Not even the most doctrinaire egalitarian will deny that heredity affects, if it does not deter- mine, individual intelligence, strength, vitality, and the capacity to develop certain skills. There are three other dimensions of inequality, how- ever, which are universal, and yet commonly over-...
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1_2_5_0.pdf

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Murray N. Rothbard as a Critic of Socialism

World HistoryOther Schools of ThoughtPhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
Murray Newton Rothbard, eminent economist, historian, and philosopher, unquestionably the most ardent advocate of liberty in this century, did more damage to the cause of socialism than any other Western intellectual. To say that Murray Rothbard was a critic of socialism would be a serious...
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12_1_5_0.pdf

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Sociological Theory in the Shadow of Durkheim's Revolt Against Economics

Philosophy and MethodologyValue and Exchange

07/30/2014The Journal of Libertarian Studies
Over the span of one hundred and fifty years, dissatisfaction with one or more of the fundamental postulates of theoretical economics has given impetus to the development of new “theoretical” sciences. Depending upon one’s viewpoint, scientific socialism, sociology, institutional economics, and so...
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14_1_6_0.pdf

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Hayek and Institutional Evolution

Big GovernmentAustrian Economics OverviewPolitical Theory

07/30/2014The Journal of Libertarian Studies
Casual observation of the last thirty years or so indicates that the role government plays in the lives of individuals has been increasing. Within the internal structure of government itself there are a number of reasons for this, but perhaps the overriding factor that has given way to this state...
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4_4_1_0.pdf

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