The Journal of Libertarian Studies

Financial MarketsBusiness Cycles

The Marginal Efficiency of Capital: A Comment

Institute PublicationsJanuary 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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The Journal of Libertarian Studies

Media and CultureInterventionismSubjectivism

Terri Schiavo

Institute PublicationsJanuary 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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The Journal of Libertarian Studies

Global EconomyWar and Foreign PolicyCalculation and Knowledge

Rejoinder to Hoppe on Immigration

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

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The Journal of Libertarian Studies

Free MarketsU.S. HistoryOther Schools of ThoughtPolitical Theory

Contra Spooner

Institute PublicationsJuly 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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The Journal of Libertarian Studies

Legal System

Punishment and Proportionality: the Estoppel Approach

Institute PublicationsMarch 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

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

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The Journal of Libertarian Studies

Professor Kroy on Contract and Freedom: Comment

Institute PublicationsMay 22, 1977
The Journal of Libertarian Studies , Volume 1, Number 3 (1977)

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The Journal of Libertarian Studies

War and Foreign PolicyWorld HistoryMonetary Theory

The Case for Free Trade and Restricted Immigration

Institute Publications
It is frequently maintained that “free trade” belongs to “free immigration” as “protectionism” does to “restricted immigration.” That is, the claim is made that while it is not impossible that someone might combine protectionism with free immigration...

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The Journal of Libertarian Studies

War and Foreign PolicyWorld History

Principle and Expediency: The State Department and Palestine, 1948

Institute Publications
According to the conventional wisdom, the United Nations in effect established the state of Israel, doing so when the General Assembly voted for the partition of Palestine in November of 1947. President Truman ardently and consistently believed in a Zionist state, and hence was taken aback when...

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The Journal of Libertarian Studies

War and Foreign PolicyWorld HistoryInterventionism

Edwin M. Borchard, John Bassett Moore, and Opposition to American Intervention in World War II

Institute Publications
Historians have examined many factors concerning American isolationism in the years 1939 to 1941. They have delved into action groups, prominent personalities, and economic and strategic rationales. Surprisingly little research, however, has been done on the role that international law played in...

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