Faith and Freedom Vol. IX No. 4
William Johnson Faith and Freedom Vol IX-4
William Johnson Faith and Freedom Vol IX-4
William Johnson Faith and Freedom Vol X - no. 1
Faith and Freedom, Vol. X, No. 2
William Johnson Faith and Freedom March 1951
Libertarians believe that reducing the size of government increases total welfare. Some believe that welfare would be maximized by eliminating government entirely. Whether shrinking government would be beneficial, however, depends not only on the level of welfare that could be achieved with no government, but on the path of welfare over time as the size of government is reduced.
Gold is the child of Zeus.
—Pindar, circa 500 BCE
What you do not want done to yourself, do not do to others.
—Confucius, circa 500 BCE
I heartily accept the motto, “That government is best which governs least.”… Carried out, it finally amounts to this, which also I believe—”That government is best which governs not at all”; and when men are prepared for it, that will be the kind of government which they will have.
—Henry David Thoreau, 1849 CE
The question of the connection between law and psychology can be answered in the most different of ways. It should be emphasized that the existence of the law presupposes specific psychological conditions and human relationships within which the law arose, and that it is undoubtedly a task of psychology to explain the psychological pre-conditions informing law’s emergence at all.
Whilst some defenders of the minimal, limited state or government hold that the state is “a necessary evil,” others would consider that this claim that the state is evil concedes too much ground to anarchists. In this article I intend to discuss the views of some who believe that government is a good thing, and their arguments for supporting this position.
Karl Widerquist has recently argued that libertarians face a dilemma.1 The dilemma is that, if Widerquist’s arguments go through, libertarians can either “remain committed to natural property rights and drop their commitment to the moral necessity of a libertarian state or … maintain their commitment to a libertarian state and drop or amend their principles of p
The discussion of what is and what is not inflation has become important among the Austrian economists in their debate regarding free banking with fractional reserves versus banking with 100-percent reserve. That such an old and important discussion has not yet reached a consensus is interesting and suggests that there may be a problem or ambiguity around this concept.