Coase’s Nobel Prize [Full Edition of Vol. 13, No. 2]
Volume 13, Number 2
Roy E. Cordato discusses if Austrians should celebtrate Ronald H. Coarse’s Nobel Prize in economics.
Roy E. Cordato discusses if Austrians should celebtrate Ronald H. Coarse’s Nobel Prize in economics.
Roger W. Garrison discusses his experience being the first Hayek Visiting Fellow at the London School of Economics.
Sudha Shenoy is interviewed in this edition of the Austrian Economics Newsletter.
According to the nursery rhyme, “There once was a girl with a curl. When she was good she was very very good; when she was bad she was horrid.” As for the girl, so for this book.
This is the most important book on public policy to be published in a long time. Benson takes on the most pervasive government activity, the criminal justice system, and addresses the critical issue of our high crime rate. There are no clear “academic” solutions to this problem, but Benson presents a clear and sensible solution derived from the insights of Austrian economics—the privatization of the criminal justice system.
[Journal of Libertarian Studies 15, Number 1 (2000)]
Modern history is nothing but an inventory of bankruptcy declarations. —Nicolas Gomez Davila
Monarchy is a form of government not well understood in North America. To many people in that part of the world, monarchy seems to be a totally obsolete, even childish, institution. The surviving monarchies, after all, might still play a symbolic or even a psychological role, but not a decisive political role.
In the 1640s, an unknown English printer by the name of Richard Overton suddenly surfaced, seemingly out of nowhere, and catapulted himself into national attention and controversy, only to disappear almost as suddenly into an equally obscure nowhere.
The image of a bomb-throwing anarchist is a cultural caricature but, as with many caricatures, there is some truth behind it. Certain forms of anarchism—specifically, the strain of nineteenth-century communist anarchism that arose in Russia and Germany— did embrace violence as a political strategy. Other forms of anarchism, however—such as Leo Tolstoi’s Christian anarchism and the indigenously American strain of individualist anarchism—consistently repudiated the use of violence for political ends.
Are there individual rights to one’s intellectual creations, such as inventions or written works? Should the legal system protect such rights? In this article, I summarize current US law on intellectual property rights. I then survey various libertarian views on IP rights, and present what I consider to be the proper view.
In this article, Professor Walter Block discusses the legalities of black mail as well as the Libertarian perspective.