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Summary By Luis Rivera III: As Lysander Spooner said before him, Walter Block calls “taxes” what it ishighway robbery. Host Mike Smyth asks Dr. Block how would services such as fire fighting, roads, police, courts etc. be funded. He uses a reductio ad absurdum to elucidate his point. Dr. Block holds no punches and tells listeners of this Canadian

Summary by Luis Rivera III: Here Walter Block talks about how some private roads were managed before. Block mentions that carriages were charged for being on these roads based on the amount of horses that were pulling the carriage as well as the width of the wheels on these carriages. This was done in order to cover the expenses accumulated by the

Walter Block’s new book Toward a Libertarian Society covers a wide variety of topics from the death penalty to secession, and from war to macroeconomics. Dr. Block recently spoke with the Mises Institute about just a few of these. Mises Institute: You say in your book that it is a contradiction in terms to be both libertarian and to be for an

This article is also available as an Audio Mises Daily [A selection from Toward a Libertarian Society . ] Just as an important difference in everyday life is that between a bathroom and a kitchen, so, too, does a crucial distinction in political economic philosophy exist between government and private contractual arrangements. But here is where

In this video , Dr. Boyd Blundell takes me on in a debate on minimum wage. I argue that: Minimum wage cuts off the rungs of the economic ladder. So, the rungs represent classes of workers. The lower the rung the lower the market revenue production of that worker. Hence, the higher the rung the higher the market revenue productivity of the worker.

By William L. Anderson American politicians, while taking oaths to “protect and defend the Constitution of the United States,” for the most part despise the document and its restrictions upon their behavior. The few politicians who do take the law seriously – like former Rep. Ron Paul – generally are despised by their colleagues and mocked for

At Loyola University, my colleagues and I have been very successful in sending off numerous of our graduating economics majors to graduate school, to get a phd in economics. Here is some advice I offer them, which might be helpful to others as well: Advice for grad students (some of this advice is personal to me; take what makes sense to you and

I was given a signal honor at the Mises Institute’s Austrian Economics and Financial Markets conference on February 18–19, 2005, held in The Venetian Hotel Resort Casino; Las Vegas. I was awarded the Rothbard Medal of Freedom . I would like to take this opportunity to reflect upon the life of Murray N. Rothbard. Not his professional life, which

I just got a call from one [name left out for fear of acts of vengeance for having blogged this], from the U.S. State Department. He wanted to consult with me about improving the Iraqi economy. He told me he got my name from [a certain Washington think tank with a libertarian reputation], as an expert in near eastern economic development. I told

Here is Richard Posner on why we need domestic spying . Chicago strikes again.