The Battle over Conscription
We must face the fact, once and for all, that the argument of economists against the draft, though correct as far as it goes, is hopelessly narrow and inadequate.
We must face the fact, once and for all, that the argument of economists against the draft, though correct as far as it goes, is hopelessly narrow and inadequate.
This arms deal is aggressive and demeaning; and it in no way protects the interests of the United States. Until our military is completely out of the Arabian Peninsula, we cannot expect to make any peace with foreign nations.
It is incredibly complicated to estimate the total "social cost" of a government policy. Ultimately, this difficulty stems from the fact that costs really only make sense in terms of an individual's subjective preferences. In that respect, costs cannot be aggregated.
There is no clash between Locke’s libertarian concerns and devotion to “classical virtue.” Devotees of liberty, property, and fre
Recorded at the Mises Circle in Colorado Springs, Colorado; 18 September 2010. Sponsored by Pikes Peak Economics Club.
It is very difficult to convince someone that if they refuse free money they will be better off.
"Huebert succinctly and accurately explains that applying libertarian principles to foreign affairs leads to a policy of peace and nonintervention."
These conservatives think they are "defending freedom" by supporting every military adventure that the state concocts. They are not.
Critics condemn economic theory for disregarding the role that power plays in real life.