The Journal of Libertarian Studies

The Marginal Efficiency of Capital: A Comment

JournalsJanuary 30, 2015
ABSTRACT: The impact of interest rates on investment choices is a key element in both Keynesian and Austrian theories of the business cycle. Fuller (2013) compares the Keynesian Marginal Efficiency of Capital approach to the Austrian Net Present Value approach, claiming that the two give different...

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Terri Schiavo

JournalsJanuary 1, 2011
The case of Terri Schiavo is almost as controversial as it is tragic.The controversy? Her husband is adamant that the doctors pull the plug on Terri, and her parents are just as determined to keep her alive.

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Rejoinder to Hoppe on Immigration

JournalsJanuary 1, 2011
The present paper is the continuation of an intra-libertarian debate over immigration.

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Contra Spooner

JournalsJuly 31, 2006
The inability of modern philosophers to furnish any kind of argument for the maintenance of a government is a notorious weakness. In Lysander Spooner's writings, it becomes an odd strength. Throughout such writings as No Treason, A Letter to Thomas F. Bayard , and "Natural Law,"...

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Punishment and Proportionality: the Estoppel Approach

JournalsMarch 1, 1998
No doubt punishment serves many purposes. It can deter crime and prevent the offender from committing further crimes. Punishment can even rehabilitate some criminals, if it is not capital. It can satisfy a victim’s longing for revenge, or his relatives’ desire to avenge. Punishment can...

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The Journal of Libertarian Studies

Why Race Matters: A Preview

JournalsFebruary 26, 1996
The Journal of Libertarian Studies , Volume 12, Number 2 (Fall 1996)

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The Free Rider as a Basis for Government Intervention

Journals
The "free rider problem," arising from the fact that an individual may be able to obtain the benefits of a good without contributing to the cost, is discussed in a number of different contexts. In the case of a "public good" where the provider cannot exclude, a good which others...

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Fallacies of the Public Goods Theory and the Production of Security

Journals
In this paper, Professor Hans-Hermann Hoppe offers an examination of the theory of public goods. Volume 9, Number 1 (1989)

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William Graham Sumner: Critic of Progressive Liberalism

Journals
In America today, as throughout the West, most people fundamentally accept the "welfare state." Republican Presidents live happily with huge deficits in government accounts, while conservative politicians no longer challenge Medicare or Social Security. The State has become a pervasive...

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Fishkin on Nozick's Absolute Rights

Journals
In his recent work, Tyranny and Legitimacy, James Fishkin advances an argument against Roben Nozick's theory of, what Fishkin calls, "absolute rights" by trying to demonstrate that such a theory would legitimate tyranny. Volume 6, Number 3 (1982)...

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