Libertarian Papers

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Austrian Economics and the Transaction Cost Approach to the Firm

Calculation and KnowledgeEntrepreneurshipProduction Theory

10/26/2018Libertarian Papers
Why are there many firms in the world, and not just one, big mega-corporation? The answer lies in the problem of calculating costs and prices.


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Roger Williams’s Unintentional Contribution to the Creation of American Capitalism

U.S. EconomyU.S. History

06/24/2011Libertarian Papers
Puritan settlers in New England, previous to Williams' influence, were effectively unanimous in their opposition to market economics.


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Immanent Politics, Participatory Democracy, and the Pursuit of Eudaimonia

Political Theory

06/11/2011Libertarian Papers
Plauché draws from the history of liberalism and the New Left important lessons for the conduct of private and public affairs.


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Review of The Invention of Enterprise

05/25/2011Libertarian Papers
This anthology delivers 17 authoritative essays by accomplished scholars, surveying the sweep of history as seen from the vantage point of trade and commerce. The presentations on ten cultures from 20 different researchers are necessarily varied in perspective. Uniting them are their answers to the...


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Free Banking and the Structure of Production: A Contrast of Competing Banking Systems

05/24/2011Libertarian Papers
Abstract: In this paper we extend an argument originally developed in Hülsmann (2009) to analyze changes to the structure of production that occur when the demand for money changes. In particular, we show that Hülsmann’s argument, which contrasted such changes under commodity and fiat systems,...


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The Causes of Price Inflation & Deflation: Fundamental Economic Principles the Deflationists Have Ignored

The FedMoney and Banking

05/08/2011Libertarian Papers
In the inflation-deflation debate, credit is the most important factor affecting prices. Is this opinion based on a sound understanding of economics?


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Contra Copyright, Again

04/12/2011Libertarian Papers
One intellectual circle in particular exerted a profound influence on the development of my thinking on intellectual property: the anarcho-capitalists who banded around Samuel Konkin III.


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Review of Why Marx was Right by Terry Eagleton

04/09/2011Libertarian Papers
In the Preface to his new book, Why Marx Was Right University of Lancaster professor of literature and literary critic Terry Eagleton sums up his latest approach to Marxian apologetics in a bout of wishful thinking: “What if all the most familiar objections to Marx’s work are mistaken?”


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Free Markets, Property Rights and Climate Change: How to Privatize Climate Policy

04/02/2011Libertarian Papers
Abstract: The goal has been to devise a strategy that protects as much as possible the rights and liberties of all agents, both users of fossil fuels and people whose livelihoods and territories are at risk if the anthropogenic global warming (AGW) hypothesis is true. To achieve this goal the...


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Truth in Philosophy

04/01/2011Libertarian Papers
I want to explore here whether there can be any truths in philosophy.


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