The Journal of Libertarian Studies

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Critique of the Standard Account of the Socialist Calculation Debate

07/30/2014The Journal of Libertarian Studies
As the Marxian philosopher Louis Althusser used to put it, no reading is innocent. The meaning a reader derives from a particular piece of scholarly literature is unavoidably influenced by his premises and analytical frame- work. When the underlying theoretical framework of the reader differs...
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5_1_4_0.pdf

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John Locke and the Labor Theory of Value

Private PropertyProduction Theory

07/30/2014The Journal of Libertarian Studies
It is taken for granted by most economists and political philosophers that John Locke was in some sense a precursor of the labor theories of value of the nineteenth century British Classical School and of Karl Marx, yet there is a wide divergence of opinion on how Locke's work anticipated and...
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2_4_3_0.pdf

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John T. Flynn: Exemplar of the Old Right

U.S. HistoryPolitical Theory

07/30/2014The Journal of Libertarian Studies
Prior to World War I, liberals held two guiding principles: distrust of Big Business and opposition to war. As the approach of World War II darkened the political horizon, the American Left's hatred of capitalism and embrace of "democracy" overwhelmed its traditional abhorrence of war. Volume 10,...
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10_2_1_0.pdf

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A Libertarian Argument Against Opening Borders

War and Foreign PolicyPhilosophy and Methodology

07/30/2014The Journal of Libertarian Studies
The right of one person necessarily entails the obligation of another person or persons. If you have a right to life, I have the obligation not to kill you; if you have a right of free speech, I have the obligation not to stop you from speaking. The first half would be pointless without the second...
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13_2_3_0.pdf

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An Economic Analysis of the Norris-LaGuardia Act, the Wagner Act, and the Labor Representation Industry

Legal SystemPolitical TheoryProduction Theory

07/30/2014The Journal of Libertarian Studies
Economists have been relatively silent about the legislation from the 1930's which supports unionism and collective bargaining in the United States. A failure to apply economic analysis to the Norris-LaGuardia and Wagner acts has allowed a consensus about this legislation to develop among labor...
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6_3_3_0.pdf

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Boom and Bust: The Political Economy of Economic Disorder

U.S. EconomyMonetary TheoryPolitical Theory

07/30/2014The Journal of Libertarian Studies
Adam Smith noted in 1776 that "What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom." The Classical economists generally believed that principles of sound business practice were equally appropriate for a family and for government, and this belief...
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4_1_1_0.pdf

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Revolution of Reason: Peter Gray, the Enlightenment, and the Ambiguities of Classical Liberalism

World History

07/30/2014The Journal of Libertarian Studies
In his seminal essay " Left and Right: The Prospects for Liberty ", Professor Rothbard delineated a libertarian interpretation of history, an interpretation which saw the larger part of humanity's existence on earth before the 18th Century as dominated by a distinctive "Old Order". Whether in the...
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1_3_7_0.pdf

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Political Unification: A Generalized Progression Theorem

Big GovernmentTaxes and SpendingInterventionism

07/30/2014The Journal of Libertarian Studies
A characteristic feature of modern civilization is the steady growth of government.1 This government growth occurs under two forms: either through a more intense taxation of its present subjects, or through bringing more people under its control. In other terms, government growth can either be an “...
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13_1_4_0.pdf

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Privatization of Municipality-Provided Services

Free MarketsTaxes and Spending

07/30/2014The Journal of Libertarian Studies
The municipal reform movement of the progressive era succeeded in establishing local government monopoly in the provision of urban services. Competitive markets in such services as fire-fighting, street lighting, refuse removal, transit, and even policing then gave way to municipal bureaus and...
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2_2_11_0.pdf

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Markets, True and False: The Case of Yugoslavia

InterventionismPrivate Property

07/30/2014The Journal of Libertarian Studies
This paper will discuss the emergence and shortcomings of Yugoslav market socialism. The central theme is that markets without saleable property rights are an illusion. As Mises and Hayek have so clearly demonstrated, truly competitive markets require individual freedom and hence private property...
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2_3_6_0.pdf

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