Free Markets

Libertarian writers including Hoppe, Hummel, and Murphy have attempted to deal with the presence of free riders in theoretical private defense cons

This is part II of a two-part paper in which a critique is offered of the private right to free incorporation from a classical liberal or libertari

According to the negative homesteading theory, one can come to own misery—a state of being, or about to be, attacked—which one cannot legitimately

“Coase, get your cattle off my land.” –Walter Block 

Although the present paper is dedicated to a highly critical examination of Hoppe’s contributions to the field of immigration, we readily acknowled

Liechtenstein has long been recognized as one of the most free and prosperous countries in the world.

Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2014.

Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2014.

Left alone, the market always allocates resources to the highest bidder i.e., to their most highly valued uses and through this process of investment and reinvestment, capital is accumulated and the marginal productivity of labor increases. Thus when the market remains free, wages and living standards are seen to continually increase as well.

Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2014.