Efficiency vs Ethics: Which is the Proper Decision Criterion in Law Cases?
Ever since economists undertook an economic analysis of the law there has waged the debate as to the proper criterion to use in deciding law cases.
Ever since economists undertook an economic analysis of the law there has waged the debate as to the proper criterion to use in deciding law cases.
It would probably be looked upon as unusual to associate sixteenth century Spain with the libertarian tradition.
The inflation which seems to have become endemic to much of the world, along with the perception that the prime culprits are the monopolistic issue
This paper by Antoin E. Murphy reviews Richard Cantillion’s life and works.
The purpose of this paper is to discuss the monetary philosophies of some of the leading Jacksonian economic theorists, as revealed during their op
The concepts of Pareto optimality and Pareto- optimal change continue appearing in academic discussions as supposed criteria of policy and keys to
This paper compares the work of two pioneers in the field of law and liberty: F. A. Hayek and his predecessor, Frédéric Bastiat.
Was Percy Shelley, the great English Romantic poet, a socialist?
Adam Smith noted in 1776 that “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.”
Fueled by almost frantic efforts to adjust and adapt in the face of intense inter- national competition, American industry undertook an immense cor