The philosopher Thomas Nagel can always be relied on for thought-provoking arguments, and in what follows, I’m going to discuss several that are relevant to libertarianism. These arguments are to be found in Nagel’s book Equality and Partiality (Oxford, 1991).

Richard Duncan recently appeared on the podcast Wealth Formula to discuss the Austrian School of economics. Despite being only 42 minutes long, the episode is packed full of errors and fallacies. 

Austrian Business Cycle Theory tells us that recessions are an indication an economy is healing. Booms created by government printing presses and fiscal interventions will be cleansed by downward reset of asset prices and labor misappropriation will be righted by rising unemployment. Murray Rothbard wrote in America’s Great Depression, “The adjustment process consists in rapid liquidation of the wasteful investments.

Abstract: The issue of abortion—and, more broadly, the issue concerning the source of rights or, more precisely, when and why humans acquire or recognize rights—has long vexed libertarians. It’s a complex issue with numerous good-faith and reasonable arguments that lead to differing conclusions. This issue is usually brought up when the topic of abortion is discussed in libertarian circles.

A bad idea

Published in Housing Finance International Journal.