The Sources of New Deal Regime Uncertainty
[Excerpted from “Regime Uncertainty,” The Independent Review 1 (4), Spring 1997.]
Hayek as hubristic Cartesian?
Francis Fukuyama, whose recent book is fatally flawed by his presumption that political orders build society, reviews Hayek’s Constitution of Liberty in the New York Times without giving the reader much evidence that he actually read the book. For one thing, he critiques Hayek as if Hayek was a consistent Rothbardian.
80% of Americans Say Economy Stinks
While the talking heads on financial TV continue to spout the idea that the economy is improving, the latest CNN/Opinion Research Corporation survey reveals that Americans are suffering, with 80% saying the economy is poor.
State or Private Law Society
In the history of social and political thought, myriad proposals have been offered as solutions to the problem of social order. Many believe that the search for a single “correct” solution is futile and illusory. Yet a correct solution does exist. The solution is the idea of private property.
No Jobs Recovery
Jobless claims are up, due to “anomalies” and “unusual events,” claims Bloomberg. Sadly, the real causes are not unusual and not anomalies: the gigantic drag on economic life represent by a billion petty regulations, taxes, trade restrictions, gyrating currency values, and a broke banking system.
Libertarian Papers Now Available in Print and Ebook
As readers of Libertarian Papers know, all LP articles are published free and in PDF and in the original Word source file. We use the Creative Commons Attribution 3.0 License so people are free to do what they want with our articles–reprint them, incorporate them into new works, include them as chapters in books–just grab the Word file and you’re good to go, with our blessing.
The Great Myth of the Inflation Cure
Casey B. Mulligan believes what the economy needs right now is a little inflation.
Why Everything Is Dirtier
The goal of those who regulate the laundry is not to improve your life. It is to wreck your life a bit at a time by pressing increasing numbers of restrictions and mandates upon private producers. Time to end the conspiracy of silence.
The Myth of Natural Monopoly
[Originally published in The Review of Austrian Economics 9 (2), 1996.]
The very term “public utility” … is an absurd one. Every good is useful “to the public,” and almost every good … may be considered “necessary.” Any designation of a few industries as “public utilities” is completely arbitrary and unjustified.
— Murray Rothbard, Power and Market
Auction Off the State
The government has a huge collection of assets that could be sold to the private sector. Going, going, gone!
