The Pretense of Intuition
Joe’s excellent critique of “state capacity libertarianism” picks up on something I also noticed when reading Tyler Cowen’s piece.
The Anticapitalist Front
From the very beginnings of the socialist movement and the endeavors to revive the interventionist policies of the precapitalistic ages, both socialism and interventionism were utterly discredited in the eyes of those conversant with economic theory. But the ideas of the revolutionaries and reformers found approval with the immense majority of ignorant people exclusively driven by the most powerful human passions of envy and hatred.
What Year Did Healthcare Become a “Right”?
Bernie Sanders declares with piety, “Healthcare is a human right.” His statement may sound reasonable, because when we think about someone without healthcare what comes to mind is pain, suffering, and the loss of hope and dignity.
Bernie is correct that no one in a country as prosperous as ours should be without some form of healthcare. However, is healthcare truly a right? It may sound terrible to some, but the answer is no. Healthcare is not a right nor can it ever be, for very sound reasons.
The Theory and Brief History of Money and Banking
[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in late 2020.]
Tareq Haddad on the OPCW Scandal on Syria’s Chemical Weapons
Why Voting Doesn’t Tell Us What Voters Really Want
There are many reasons why one might choose to avoid the voting booth. This often stems from ethical dilemmas over the state’s monopoly on force. Some may emphasize their right not to vote, a right undervalued in undeveloped political systems with transparently corrupt regimes (making the “Vote or Die” tagline somewhat ironic).
Your Rational Self vs. Your Irrational Self
Last week, I talked about Hegel’s odd view that freedom consists of service to the state, and an earlier column discussed a problem with the use of behavioral economics to support “libertarian paternalism.” Richard Thaler and Cass Sunstein, the main libertarian paternalists, get into difficulties that Hegel would enable them to avoid. As we’ll see, though, if they were to accept Hegel’s help, they would pay a heavy price.
The State Is a Predator. It Can’t Be Used to Achieve Libertarian Ends
Tyler Cowen, who is said to be “known as one of the libertarian world’s deepest thinkers,” recently wrote a blog post entitled “What Libertarianism Has Become and Will Become — State Capacity Libertarianism.” There, Cowen asserts that libertarianism “is now pretty much hollowed out,” because it has not been able to