Through it all, the libertarian theme was the same: liberty for everyone, legal privileges for no one. This is the essence of a free market, but even today it is a message that no faction within the apparatus of the ruling class wants to hear. No matter how divided the factions are among themselves, they form a united front against the libertarian idea, which is the one thing they find most intolerable.
Ten years ago, Pope John Paul II released Centesimus Annus, an encyclical, at once subtle and sweeping, that addressed the future of the post-communist countries of Europe and the general subject of freedom, society, and faith. Jeff Tucker recalls its meaning.
The most important book in the history of economics was first published more than two and a half centuries ago, but this brilliant work by Richard Cantillon remains a must-read for professional economists and laymen alike.
For many years, freedom and liberty have been in great peril in the United States. A speech by George Reisman
Only real savings and labor, not pieces of paper called money, can create new capital goods. Gene Callahan explains.
Mark Skousen is not easy to satisfy. "In 1980," he informs us, " I asked Murray Rothbard to write an alternative to Robert Heilbroner' s The Wordly Philosophers."
The writings of the great French economist explain why the recent conflict with China has ended through diplomacy and peace rather than belligerence and war, writes Llewellyn Rockwell.
Israel Kirzner's new book on Mises is a welcome addition to any economics library, writes Joseph Stromberg. It is remarkable how much the author accomplishes in this short work.
In a free market, it is wholly unwarranted. Brad Edmonds considers three cases.
Despite the many illustrious forerunners in its six-hundred year prehistory, Carl Menger (1840-1921) was the true and sole founder of the Austrian school of economics proper. He merits this title if for no other reason than that he created the system of value and price theory that constitutes the core of Austrian economic theory. But Menger did more than this: he also originated and consistently applied the correct, praxeological method for pursuing theoretical research in economics. Thus in its method and core theory, Austrian economics always was and will forever remain Mengerian economics.
