The “Criminal” Metaphor In the Libertarian Tradition
The doctrine of natural liberty is ultimately grounded on two premises which are necessary to the understanding of why governments are “crimi
Free Markets
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Free Thought and Free Trade: The Analogy Between Scientific and Entrepreneurial Discovery Processes
To state with precision and force the economic and moral imperative of the free market has been of the utmost concern to some of civilization’
Austrian Perspective on Some Leading Jacksonian Monetary Theorists
The purpose of this paper is to discuss the monetary philosophies of some of the leading Jacksonian economic theorists, as revealed during their op
Nonexcludability and Government Financing of Public Goods
Many economists consider public goods to be a case of market “failure.” They argue that the free market cannot finance the optimal amou
Internal Inconsistencies in Arguments for Government: Nozick, Rand, and Hospers
Those who deny that the provision of protection services could be supplied through either the market or some other nonmonopolistic device must ther
Public Goods and Externalities: The Case of Roads
When government monopolization of the roadways is discussed by economists, the “externalities” argument is usually raised.
New Rationalist Directions in Libertarian Rights Theory
Classical liberals and libertarians believe that individuals have rights, even if there is debate about just why we have them or how this can be pr
A Laissez-Faire Fable of the Czech Republic
It is the task of this paper to describe what can happen to “a good cause” when it is “ineptly defended,” and to address the problem of the relatio
Free Exchange and Ethical Decisions
The economic theory of interpersonal free exchange is beautifully simple.
