11/30/2018The Journal of Libertarian StudiesRalph Raico
No one could have admired and respected Ludwig von Mises more than did Murray Rothbard, who dedicated his magnum opus in economic theory, Man, Economy, and State , to his great mentor. Yet Rothbard did not shy away from criticizing Mises when he believed such criticism to be called for.
Regulation is simply the way in which self-interested public officials provide benefits to self-interested individuals who form interest groups. This is as true in land use as in anything else.
09/29/2018The Journal of Libertarian StudiesCarl Watner
The Ron Paul of his era, Richard Overton, in both word and deed, was a fearless man, true to his ideals of justice, without regard for personal consequence.
Jevons called Cantillon's Essai the "Cradle of Political Economy." It was one of the few books quoted by Adam Smith and it deserves reading by any serious thinker of political economy today.
Hayek was forced to conclude that the term "social justice" was "entirely empty and meaningless” and is generally used to assert a claim without giving a reason for it.
One of the most important sociological laws is the "Iron Law of Oligarchy": every field of human endeavor, every kind of organization, will always be led by a relatively small elite.
