Ethics, Efficiency, Coasian Property Rights and Psychic Income: A Reply to Harold Demsetz

Tags: Political Theory, Legal System

07/20/2005 Review of Austrian Economics Walter Block

Downloads

rae8_2_4_2.pdf

David Osterfeld VENTURA Adobe Acrobat 6.0 Paper Capture Plug-in

Subscribe to Review of Austrian Economics

Latest Articles

Disparate Impact Is a Legal Trick

11/23/2024 Mises Wire Wanjiru Njoya

One of the most destructive fallacies of critical race theory is its insistence that racial disparities are caused by discrimination. The CRT premise is that any gap in racial attainment calls for an...

Liberty Squandered: The English Tradition from Magna Carta to Empire

11/23/2024 Mises Wire Vibhu Vikramaditya

The identity of a people often shapes the nature and trajectory of their government. In England, a deep-rooted belief in individual liberty has profoundly influenced the nation’s legal and cultural...

Distress in Commercial Real Estate Bonds Hits All-Time High

11/22/2024 Mises Wire Artis Shepherd

Commercial real estate continues to suffer despite the Federal Reserve’s attempt at ameliorating the capital markets with a 50-basis point rate cut in September. The pain is especially apparent in the...

Draper on War: When Is War Just?

11/22/2024 Mises Wire David Gordon

War and Individual Rights by Kai Draper; Oxford University Press, 2016, xii + 254 pp. Many people make fun of analytic philosophy because of its use of imaginary cases, often elaborated with what...

Logs Only Roll In One Direction: Fighting Kinetic Energy

11/22/2024 Power & Market Jim Fedako

Before anyone gets their hopes up about a reduction in government expenditures resulting from the upcoming Department of Government Efficiency (DOGE), remember that, once rolling, a log rolls in one...

Meet the Writer

Walter Block

Walter Block is the Harold E. Wirth Eminent Scholar Endowed Chair in Economics at Loyola University.

South Royalton: Looking Back

03/28/2024 Peter G. Klein Walter Block Jack High Randall G. Holcombe Murray Sabrin Joseph T. Salerno

A discussion of the 1974 South Royalton Conference on Austrian Economics by those who attended.

Cultural Appropriation

02/06/2024 Power & Market Walter Block

It is cultural appropriation if a black person listens to Mozart; this dead white male composer is simply not part of that person’s culture. It is cultural appropriation whenever an Oriental person...

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member