Was Ludwig Von Mises a Conventionalist?, DOI 10.1007/978-3-319-46170-0 130 REFERENCES
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Bibliography Archival Insights into the Evolution of Economics (and Related Projects) Berlet, C. (2017). Hayek, Mises, and the Iron Rule of Unintended Consequences. In R. Leeson (Ed.), Hayek a Collaborative Biography Part IX: Te Divine Right of the ‘Free’ Market. Basingstoke, UK: Palgrave Macmillan. Farrant, A., & McPhail, E. (2017). Hayek, Tatcher, and the Muddle of the Middle. In R. Leeson (Ed.), Hayek: A Collaborative Biography Part IX the Divine Right of the Market. Basingstoke, UK: Palgrave Macmillan. Filip, B. (2018a). Hayek on Limited Democracy, Dictatorships and the ‘Free’ Market: An Interview in Argentina, 1977. In R. Leeson (Ed.), Hayek a Collaborative Biography Part XIII: ‘Fascism’ and Liberalism in the (Austrian) Classical Tradition. Basingstoke, England: Palgrave Macmillan. Filip, B. (2018b). Hayek and Popper on Piecemeal Engineering and Ordo- Liberalism. In R. Leeson (Ed.), Hayek a Collaborative Biography Part XIV: Orwell, Popper, Humboldt and Polanyi. Basingstoke, UK: Palgrave Macmillan. Friedman, M. F. (2017 [1991]). Say ‘No’ to Intolerance. In R. Leeson & C. Palm (Eds.), Milton Friedman on Freedom. Stanford, CA: Hoover Institution Press. © Te Editor(s) (if applicable) and Te Author(s) 2019 609 R. Leeson, Hayek: A Collaborative Biography, Archival Insights into the Evolution of Economics, https://doi.org/10.1007/978-3-319-78069-6 610 Bibliography Glasner, D. (2018). Hayek, Gold, Defation and Nihilism. In R. Leeson (Ed.), Hayek a Collaborative Biography Part XIII: ‘Fascism’ and Liberalism in the (Austrian) Classical Tradition. Basingstoke, UK: Palgrave Macmillan. Goldschmidt, N., & Hesse, J.-O. (2013). Eucken, Hayek, and the Road to Serfdom. In R. Leeson (Ed.), Hayek: A Collaborative Biography Part I Infuences, from Mises to Bartley. -
Causes and Consequences of the Inflation Taxi
Causes and Consequences of the Inflation Taxi Abstract: While ethical implications of direct taxation systems have recently received renewed attention, a more veiled scheme remains unnoticed: the inflation tax. We overview the causes of inflation, and assess its consequences. Salient wealth redistributions are a defining feature of inflation, as savers and fixed income individuals see a relative wealth reduction. While evasion of this tax is difficult in many instances due to the primacy of money in a monetary economy, the tax codes of most developed countries allow avoidance techniques to be employed. We analyze the ways that inflation taxes may be avoided in an attempt to preserve personal wealth, as well as the consequences of such practices. 1 Causes and Consequences of the Inflation Tax Introduction Much recent literature focuses on the ethics of direct taxation (Joel Slemrod 2007; Bagus et al. 2011; Robert W. McGee 2012c). Whether income and consumption taxes are coercively imposed on both consumers and producers has long been contested. Being this as it may, taxes can be, and often are, remitted to the government voluntarily as if they were not reliant on their coercive imposition. In this case we are led to believe that there is no difference between taxation and voluntarily donations of money to the government –both will result in spending that is consistent with taxpayers’ desires. The curiosity that arises is that if people did not donate money voluntarily to the government, neither coercion nor taxation would be necessary.ii However, the degree of “voluntariness” of the governing process implementing taxation cannot affect the core nature of the problem (Robert McGee 1994). -
Markets Not Capitalism Explores the Gap Between Radically Freed Markets and the Capitalist-Controlled Markets That Prevail Today
individualist anarchism against bosses, inequality, corporate power, and structural poverty Edited by Gary Chartier & Charles W. Johnson Individualist anarchists believe in mutual exchange, not economic privilege. They believe in freed markets, not capitalism. They defend a distinctive response to the challenges of ending global capitalism and achieving social justice: eliminate the political privileges that prop up capitalists. Massive concentrations of wealth, rigid economic hierarchies, and unsustainable modes of production are not the results of the market form, but of markets deformed and rigged by a network of state-secured controls and privileges to the business class. Markets Not Capitalism explores the gap between radically freed markets and the capitalist-controlled markets that prevail today. It explains how liberating market exchange from state capitalist privilege can abolish structural poverty, help working people take control over the conditions of their labor, and redistribute wealth and social power. Featuring discussions of socialism, capitalism, markets, ownership, labor struggle, grassroots privatization, intellectual property, health care, racism, sexism, and environmental issues, this unique collection brings together classic essays by Cleyre, and such contemporary innovators as Kevin Carson and Roderick Long. It introduces an eye-opening approach to radical social thought, rooted equally in libertarian socialism and market anarchism. “We on the left need a good shake to get us thinking, and these arguments for market anarchism do the job in lively and thoughtful fashion.” – Alexander Cockburn, editor and publisher, Counterpunch “Anarchy is not chaos; nor is it violence. This rich and provocative gathering of essays by anarchists past and present imagines society unburdened by state, markets un-warped by capitalism. -
Some Worries About the Coherence of Left-Libertarianism Mathias Risse
John F. Kennedy School of Government Harvard University Faculty Research Working Papers Series Can There be “Libertarianism without Inequality”? Some Worries About the Coherence of Left-Libertarianism Mathias Risse Nov 2003 RWP03-044 The views expressed in the KSG Faculty Research Working Paper Series are those of the author(s) and do not necessarily reflect those of the John F. Kennedy School of Government or Harvard University. All works posted here are owned and copyrighted by the author(s). Papers may be downloaded for personal use only. Can There be “Libertarianism without Inequality”? Some Worries About the Coherence of Left-Libertarianism1 Mathias Risse John F. Kennedy School of Government, Harvard University October 25, 2003 1. Left-libertarianism is not a new star on the sky of political philosophy, but it was through the recent publication of Peter Vallentyne and Hillel Steiner’s anthologies that it became clearly visible as a contemporary movement with distinct historical roots. “Left- libertarian theories of justice,” says Vallentyne, “hold that agents are full self-owners and that natural resources are owned in some egalitarian manner. Unlike most versions of egalitarianism, left-libertarianism endorses full self-ownership, and thus places specific limits on what others may do to one’s person without one’s permission. Unlike right- libertarianism, it holds that natural resources may be privately appropriated only with the permission of, or with a significant payment to, the members of society. Like right- libertarianism, left-libertarianism holds that the basic rights of individuals are ownership rights. Left-libertarianism is promising because it coherently underwrites both some demands of material equality and some limits on the permissible means of promoting this equality” (Vallentyne and Steiner (2000a), p 1; emphasis added). -
Mises Research Report
CSSN Research Report 2021:2: The Mises Institute Network and Climate Policy. 9 Findings Policy Briefing July 2021 About the authors October, 2020. CSSN seeks to coordinate, conduct and support peer-reviewed research into the Dieter Plehwe is a Research Fellow at the Center for institutional and cultural dynamics of the political Civil Society Research at the Berlin Social Science conflict over climate change, and assist scholars in Center, Germany. Max Goldenbaum is a Student outreach to policymakers and the public. Assistant of the Center for Civil Society Research at the Berlin Social Science Center, Germany. Archana This report should be cited as: Ramanujam is a Graduate student in Sociology at Brown University, USA .Ruth McKie is a Senior Plehwe, Dieter, Max Goldenbaum, Archana Lecturer in Criminology at De Montfort University, Ramanujam, Ruth McKie, Jose Moreno, Kristoffer UK. Jose Moreno is a Predoctoral Fellow at Pompeu Ekberg, Galen Hall, Lucas Araldi, Jeremy Walker, Fabra University, Spain. Kristoffer Ekberg is a Robert Brulle, Moritz Neujeffski, Nick Graham, and Postdoctoral Historian at Chalmers University, Milan Hrubes. 2021. “The Mises Network and Sweden, Galen Hall is a recent graduate of Brown Climate Policy.” Policy Briefing, The Climate Social University and researcher in the Climate and Science Network. July 2021. Development Lab at Brown University, USA, Lucas https://www.cssn.org/ Araldi is a PhD student in Political Science at the Federal University of Rio Grande do Sul, Jeremy Walker is a researcher with the Climate Justice Research Centre at the University of Technology Sydney. Robert Brulle, Visiting Professor of Climate Social Science Network Environment and Society and Director of Research, Climate Social Science Network, Brown University. -
Department of Economics, City University London
City Research Online City, University of London Institutional Repository Citation: Denis, A. (2010). A century of methodological individualism part 2: Mises and Hayek (10/03). London, UK: Department of Economics, City University London. This is the unspecified version of the paper. This version of the publication may differ from the final published version. Permanent repository link: https://openaccess.city.ac.uk/id/eprint/1489/ Link to published version: 10/03 Copyright: City Research Online aims to make research outputs of City, University of London available to a wider audience. Copyright and Moral Rights remain with the author(s) and/or copyright holders. URLs from City Research Online may be freely distributed and linked to. Reuse: Copies of full items can be used for personal research or study, educational, or not-for-profit purposes without prior permission or charge. Provided that the authors, title and full bibliographic details are credited, a hyperlink and/or URL is given for the original metadata page and the content is not changed in any way. City Research Online: http://openaccess.city.ac.uk/ [email protected] Department of Economics A Century of Methodological Individualism Part 2: Mises and Hayek Andy Denis1 City University London Department of Economics Discussion Paper Series No. 10/03 1 Department of Economics, City University London, Social Sciences Bldg, Northampton Square, London EC1V 0HB, UK. Email: [email protected]. T: +44 (0)20 7040 0257 A Century of Methodological Individualism Part 2: Mises and Hayek Andy Denis City University London [email protected] Version 1: January 2010 2009 marks the centenary of methodological individualism (MI). -
A Response to the Libertarian Critics of Open-Borders Libertarianism
LINCOLN MEMORIAL UNIVERSITY LAW REVIEW __________________________________ VOLUME 4 FALL 2016 ISSUE 1 ____________________________________ A RESPONSE TO THE LIBERTARIAN CRITICS OF OPEN-BORDERS LIBERTARIANISM Walter E. Block, Ph.D. Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics Joseph A. Butt, S.J. College of Business I. INTRODUCTION Libertarians may be unique in many regards, but their views on immigration do not qualify. They are as divided as is the rest of the population on this issue. Some favor open borders, and others oppose such a legal milieu. The present paper may be placed in the former category. It will outline both sides of this debate in sections II and III. Section IV is devoted to some additional arrows in the quiver of the closed border libertarians, and to a refutation of them. We conclude in section V. A RESPONSE TO THE LIBERTARIAN CRITICS OF OPEN-BORDERS LIBERTARIANISM 143 II. ANTI OPEN BORDERS The libertarian opposition to free immigration is straightforward and even elegant.1 It notes, first, a curious bifurcation in international economic relations. In the case of both trade and investment, there must necessarily be two2 parties who agree to the commercial interaction. In the former case, there must be an importer and an exporter; both are necessary. Without the consent of both parties, the transaction cannot take place. A similar situation arises concerning foreign investment. The entrepreneur who wishes to set up shop abroad must obtain the willing acquiescence of the domestic partner for the purchase of land and raw materials. And the same occurs with financial transactions that take place across 1 Peter Brimelow, ALIEN NATION: COMMON SENSE ABOUT AMERICA’S IMMIGRATION DISASTER (1995); Jesús Huerta De Soto, A Libertarian Theory of Free Immigration, 13 J. -
Liberty, Property and Rationality
Liberty, Property and Rationality Concept of Freedom in Murray Rothbard’s Anarcho-capitalism Master’s Thesis Hannu Hästbacka 13.11.2018 University of Helsinki Faculty of Arts General History Tiedekunta/Osasto – Fakultet/Sektion – Faculty Laitos – Institution – Department Humanistinen tiedekunta Filosofian, historian, kulttuurin ja taiteiden tutkimuksen laitos Tekijä – Författare – Author Hannu Hästbacka Työn nimi – Arbetets titel – Title Liberty, Property and Rationality. Concept of Freedom in Murray Rothbard’s Anarcho-capitalism Oppiaine – Läroämne – Subject Yleinen historia Työn laji – Arbetets art – Level Aika – Datum – Month and Sivumäärä– Sidoantal – Number of pages Pro gradu -tutkielma year 100 13.11.2018 Tiivistelmä – Referat – Abstract Murray Rothbard (1926–1995) on yksi keskeisimmistä modernin libertarismin taustalla olevista ajattelijoista. Rothbard pitää yksilöllistä vapautta keskeisimpänä periaatteenaan, ja yhdistää filosofiassaan klassisen liberalismin perinnettä itävaltalaiseen taloustieteeseen, teleologiseen luonnonoikeusajatteluun sekä individualistiseen anarkismiin. Hänen tavoitteenaan on kehittää puhtaaseen järkeen pohjautuva oikeusoppi, jonka pohjalta voidaan perustaa vapaiden markkinoiden ihanneyhteiskunta. Valtiota ei täten Rothbardin ihanneyhteiskunnassa ole, vaan vastuu yksilöllisten luonnonoikeuksien toteutumisesta on kokonaan yksilöllä itsellään. Tutkin työssäni vapauden käsitettä Rothbardin anarko-kapitalistisessa filosofiassa. Selvitän ja analysoin Rothbardin ajattelun keskeisimpiä elementtejä niiden filosofisissa, -
The Minimum Wage Once Again by Walter Block* There Is a Great Cognitive Dissonance Between What Is Commonly Taught in Economics
The Minimum Wage Once Again by Walter Block* There is a great cognitive dissonance between what is commonly taught in economics and what passes for sound public policy analysis within the beltway of Washington D.C. Nowhere is a more stark example of this to be found than in the case of the minimum wage law. Many students know that a minimum wage law exacerbates unemployment, particularly for low-skilled, youthful, and minority males. Card and Krueger (1994, p. 792) even characterize this claim as "the central prediction of the textbook model of the minimum wage," but attempt to undermine it their article. In what might be called "the political economy" of minimum wage legislation, we must take note of the fact that instead of following the received wisdom of the economics profession in this case1, the Clinton Administration’s recent legislative proposals have seen fit to follow the lead of Card and Krueger (CK). Why? Although this can only be speculative, one reason for President Clinton's support of the CK study may be that it is consonant with the position of organized labor. Unions favor minimum wages since they are always in competition with low wage labor; when unskilled labor costs are legislatively increased, this factor of production becomes less competitive with union’s own supply of labor to the market. That is, suppose a union were to demand an increase in their wage from $17 to $20 per hour. The natural reaction of the employer would be to decrease its demand for this now more expensive factor of production, skilled union labor, and to replace it with a substitute factor, unskilled labor.2 And, without a minimum wage law, this would always be a potent threat, limiting the demands for wage increases on the part of unions. -
Secular Stagnation and Creative Destruction: Reading Robert Gordon
Chapter for inclusion in forthcoming book “Schumpeter’s Capitalism, Socialism and Democracy A Twenty first Century Agenda” Edited by Leonardo Burlamaqui and Rainer Kattel Routledge – 2018 Secular Stagnation and Creative Destruction: Reading Robert Gordon through a Schumpeterian Lens* 7 November 2017 Fred Block, Department of Sociology, UC Davis Returning to Schumpeter’s Capitalism, Socialism and Democracy after seventy-five years is not at all an antiquarian exercise. On the contrary, it is vitally important for anyone trying to understand our current political economic situation. Schumpeter sought to make sense of the turbulent decades that had produced the First World War, the Bolshevik Revolution, the Great Depression, and the Second World War. Schumpeter was, above all, a theorist of historical discontinuity; he did not see societies or economies moving along some smooth trajectory, but rather, he emphasized disruption, creative destruction, and the likelihood of deep economic downturns. In this sense, Schumpeter’s approach contrasts sharply with the views that have dominated the social sciences since the 1950s. In parallel with the emergence of the United States as the dominant global power after World War II, the social sciences have generally emphasized continuity, linearity, and stability. This is most evident in neo-classical economics * I am grateful to the editors and to Larry Hirschhorn, Matthew Keller, and Marian Negoita for feedback on an earlier draft. 1 with its focus on the propensity of market economies to achieve equilibrium, but similar themes are echoed across the social sciences. In sociology and political science, for example, much work emphasizes path dependence – the tendency for social or political development to proceed along the same track that had been established sometime in the past. -
Social Structures of Accumulation: the Political Economy of Growth and Crisis (1994), Edited by 5
Social Structure of Accumulation Theory Paper prepared for conference on Growth and Crises: Social Structure of Accumulation Theory and Analysis, National University of Ireland, Galway, Ireland, November 2-4, 2006. Victor D. Lippit Department of Economics Univeristy of California Riverside, CA 92521 U.S.A. [email protected] 2 Social Structure of Accumulation Theory SSA theory and its origins Social Structure of Accumulation (SSA) theory seeks to explain the long waves-- averaging about fifty or sixty years for a complete cycle--that have characterized capitalist economic growth, and the distinct stages of capitalism that have marked each long upswing. Thus in the United States, the upswing early in the twentieth century was marked by industrial consolidation, mass production, and the introduction of "scientific management"; the one following World War II was marked by the growth of the state, U.S. leadership in the world economy, limited competition, and tacit "accords" between capital and labor on the one hand, and between capital and the citizenry on the other. This second SSA is among those analyzed in greater detail below as a means of supporting and clarifying the theoretical argument presented here. The focus of SSA theory is on the institutional arrangements that help to sustain long wave upswings. Institutions can be thought of in a narrow sense as organizations (like universities or the World Bank), or in a broader sense as made up of customs, habits and expectations. In this sense, they are typically country or culture-specific.i A further division can be made within the broader sense, which might refer to something rather specific like collective bargaining on the one hand, or more broadly to the entire system of labor relations that exists within a country. -
Murray Rothbard
Murray Rothbard Here are some parts that I have marked in my copy of the book“Murray Rothbard” by Gerard Casey. Murray Rothbard 1.“Murray Rothbard was an economist, historian, political and moral philosopher, and legal theoretician. Rothbard’s work in these diverse social science disciplines was unified by a passionate and resolute commitment to libertarianism. The particular brand of libertarianism that Rothbard espoused may be characterized as ‘anarcho-capitalism’. Whereas conventional libertarianism implies a belief that only a minimal state which does no more than provide a basic framework of the rule of law and the protection of private property rights may be justified, anarcho-capitalism implies a belief that even the legal system may be provided privately without the need for a coercive collective authority. Hence, anarcho-capitalists envisage a society where the traditional role of government is wholly subsumed by private, profit-making enterprises and all social relationships are ultimately founded upon consent.” 2.“Rothbard’s unique intellectual contribution was to build this system of thought from many pre-existing but previously disparate strands and to develop it to its logical (some would say extreme) conclusion.” www.capitalideasonline.com Page - 1 Murray Rothbard 3.“Rothbard’s starting points, then, were the well-established notions of methodological individualism, natural rights theory and individual self-ownership. But Rothbard showed that if we wish to take methodological individualism, natural rights theory and individual