[ Adapted from “ Some Subtler Arguments for Tariffs ,” published December 2003. ] Many proponents of tariffs recognize the absurdity of tariffs as a general rule. However, they feel that there are certain, special cases in which tariffs are justified, and indeed vital to a nation’s survival. In this article, I will analyze three such arguments:
ABSTRACT: The extensive debate over fractional reserve free banking (FRFB) has spanned decades and includes volleys from many contributors. Consequently, relative newcomers to the controversy often wish to extend the conversation on several fronts. In this spirit, Bagus and Howden (2010) is a 27-page paper detailing numerous objections to FRFB,
One of the main themes of my writings on climate change at IER has been warning the public that the “consensus science” they are hearing from the media, pundits, and certain political figures is utterly divorced from the actual published literature, especially when it comes to the economic analysis of government policy. A new, cutting edge
Sometimes you have to congratulate the progressive left on their ability to turn that frown upside down. When the laws of economics hand them socialist lemons, they turn right around and make leisure lemonade. Specifically, Kate Aronoff at the Intercept has written an article that says the Green New Deal will make us all happier—in part because
In this article, Professor Robert P. Murphey offers a review of Butler Shaffer’s In Restraint of Trade: The Business Campaign Against Competition . Volume 15, Number 4 (2001) Murphy, Robert P. “Book Review: Butler Shaffer, In Restraint of Trade: The Business Campaign Against Competition .” Journal of Libertarian Studies 15, No. 4 (2001):
In this article, Robert P. Murphy reviews Leland B. Yeager’s Ethics as Social Science: The Moral Philosophy of Social Cooperation . Volume 16, Number 1 (2002) Murphy, Robert P. “Book Review: Leland B. Yeager, Ethics as Social Science: The Moral Philosophy of Social Cooperation .” Journal of Libertarian Studies 16, No. 1 (2002):
Kevin Carson’s studies in Mutualist Political Economy (2004) is an impressive work. It first attempts to rehabilitate the classical labor theory of value (by giving it a subjectivist spin), and then traces the history of capitalism to show that it was founded by, and necessarily relies upon, State aggression. Carson finally ends by sketching his
In this article, Robert P. Murphy and Gene Callahan review of Hans-Hermann Hoppe’s argument for defense of the justice of a social order based exclusively on private property. Volume 20, Number 2 (2006) Murphy, Robert P., and Gene Callahan. “Hans-Hermann Hoppe’s Argumentation Ethic: A Critique.” Journal of Libertarian Studies 20, No. 2 (2006):
U.S. Adopts Aggressive Tactics in Iraq (MSNBC): “Col. David Hogg, commander of the 2nd Brigade of the 4th Infantry Division, said tougher methods are being used to gather the intelligence. On Wednesday night, he said, his troops picked up the wife and daughter of an Iraqi lieutenant general. They left a note: ‘If you want your family released,
Is Kling embarrassed that he didn’t get a perfect score? Is it really so hard for him to understand that if a person doesn’t share the major beliefs of a typical Austrian economist, then the Austrian would not consider this person to be an Austrian economist? Kling’s score of 78 means that he is not agree with most Austrians on all matters of
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.
