Free Markets

Did you ever hear the phrase, “With friends like that, who needs enemies?” This aphorism applies to several “defenses” of the free enterprise syste

Volume 2, Number 4 (1978)

Auberon Herbert (1838–1906) was one of the distinctive figures in the profound and wide ranging intellectual deb

The literature of American legal history is primarily a history of federal and state governments, creating the false impression that these governme

Were a government to demand the sacrifice of 46,700 citizens’ each year, there is no doubt that an outraged public would revolt.

Like many libertarians, I used to accept without question the idea that contracting out for government services was a good idea.

In the decades following World War II, when the scope of government was increasing dramatically, Alan Peacock was one of those rare British economists who argued for less government.

A paper reviewing George Smith’s article “Justice Entrepreneurship in A Free Market” by Randy E. Barnett.

 I appreciate the fact that the author attempts to construct logical rather than mathematical arguments, as seems to be the disease that has struck most of the economics profession at the present time. 

George H.

Among all those goods which have been offered as examples of public goods, national defense and lighthouses have been among the most frequently cited.