Philosophy and Methodology

This paper compares the work of two pioneers in the field of law and liberty: F. A. Hayek and his predecessor, Frédéric Bastiat.

The consubstantiality of liberalism and democracy has become a modem religious dogma.

All human institutions — governments, markets, money, etc. — suffer from the same problem: the imperfections so bitterly denounced by Schmookler. Greed, ignorance, myopia, irrationality are endemic in them all. 

What is certain is that mathematics cannot possibly be a valid means (to advances in economic understanding) unless and until it is used properly. That means that dimensions must be used consistently and correctly.

The Declaration of Independence maintains that:

Walter Block has penned a response to my paper in which I argue that there isn’t much more than a verbal difference between limited government (min

In this article, Stephan Kinsella critiques George Smith’s recent article in Liberty magazine on capital punishment.

In this article, Professor Barry Smith presents a series of questions and theories in defense of apriorism.

Volume 12, Number 1 (1996)

We have tried to take Caplan to task for his many errors of omission and commission. Nevertheless, we think his was a very worthwhile article. Why? First, its quality.

There are two Coase theorems. The simplistic one deals with the unrealistic world of zero transactions costs. The more important one addresses itself to the real world, where transactions costs are positive,