Legal System

The present number of the QJAE features the proceedings of a symposium held on March 29–30, 2001 at the Mises Institute. The theme “Austrian Law and Economics:

oth the establishment of property rights and their violation spring from actions: acts of appropriation and expropriation. However, in addition to a physical appearance, actions also have an internal, subjective aspect. 

The title of this symposium is Austrian Law and Economics: The Contributions of Adolf Reinach and Murray Rothbard. The second part of this title is not at all problematic;

To Serve and Protect is a breath of fresh air in the fog of mainstream recommendations concerning security, crime, and punishment. In the mainstream literature, liberals typically regard the offender as the victim of an egoistic society and conservatives typically say that the only way to reduce crime is to increase the severity of punishment. Benson brilliantly shows that the solution to the problem of criminal justice does not rest with increasing law-enforcement budgets or imposing harsher punishments, but with privatization.

The Eastern European countries have been going through a transition phase since the liberalization of their economies with the collapse of communist regimes in the early 1990s.

Economic analysis can be applied to the phenomenon of crime. In the present paper, we will deal with an approach to the economics of crime that is built on the foundations of neoclassical welfare theory.

Surely one of the most significant occurrences on the intellectual scene during the past few years has been the emergence of a professor of philoso

A criticism with which an anarcho-capitalist is usually assailed concerns the operation of free-market courts.

Because problems concerning punishment arise at many intellectual levels, there is no one question or set of questions about punishment to be answe

The central ideas of contemporary libertarianism have taken many centuries to evolve.