October 17, 2012
On China
Adam Smith devotes book IV of The Wealth of Nations to refuting an economic ideology he labels “mercantilism”. If you watched last night’s debates, you see that even today, mercantilism remains…
Adam Smith devotes book IV of The Wealth of Nations to refuting an economic ideology he labels “mercantilism”. If you watched last night’s debates, you see that even today, mercantilism remains…
I’ve been reading up on the idea of spontaneous order lately, and came across this gem from James Buchanan. I found it through Don Boudreaux, who refers to it as…
More from Libertarianism: What Everyone Needs to Know. Most people assume the United States is the most economically libertarian country. Not so. Even though the US has the highest number (in…
Take the most cartoonish, uncharitable form of libertarianism you can think of. And then compare it to this piece, which has been making the rounds on Facebook today. I used…
In my last post, I argued that Rothbard’s discussion of self-ownership in chapter six of The Ethics of Liberty rests on a fundamental confusion between descriptive and normative claims. Individuals in the…
More from Libertarianism: What Everyone Needs to Know. There’s a stereotype that libertarians think politicians and other government agents are selfish sociopaths, out for themselves. Libertarians oppose romantic ideas about government….