Nonexcludability and Government Financing of Public Goods
Many economists consider public goods to be a case of market “failure.” They argue that the free market cannot finance the optimal amou
Many economists consider public goods to be a case of market “failure.” They argue that the free market cannot finance the optimal amou
The theory of natural rights is often put forward as competition of moral relativism, most recently in an article in this journal by Loren Lomasky.
On October 29, 1929, the roof fell in on the booming American economy.
Professor Spengler’s, “Richard Cantiilon: Fist of the Modems,” published in 1954, remains the classic survey article of Cantillon
It would probably be looked upon as unusual to associate sixteenth century Spain with the libertarian tradition.
Michael Levin’s Feminism and Freedom is the work of a supremely courageous individual.
Patents and copyrights are forms of immaterial “property” that grant to their owners exclusive control over the production and sale of a specified
The theory of property specifies how to determine which individuals own—have the right to control—particular scarce resources.
In the present article, it is my goal to critically comment on Caplan’s most recent argument.
In almost every discussion of the FCC specifically, or American spectrum policy in general, someone will assert that radio spectrum is a unique res