Power and Market Copyright © 2006 by Ludwig Von Mises Institute, Fourth Edition

Total Page:16

File Type:pdf, Size:1020Kb

Power and Market Copyright © 2006 by Ludwig Von Mises Institute, Fourth Edition POWER & MARKET GOVERNMENT AND THE ECONOMY MURRAY N. ROTHBARD FOURTH EDITION Ludwig von Mises Institute AUBURN, ALABAMA Front cover: The Money Lenders by Quentin Massys or Metsys (c. 1466–1530). The picture hangs in the Museo de Bellas Artes, Bilbao, Spain. Permission was obtained from The Bridgeman Art Library (IND54176). Copyright © 1970 by Institute for Humane Studies Copyright © 1977 by Institute for Humane Studies, second edition Copyright © 2004 by Ludwig von Mises Institute, third edition, Scholar’s Edition, Man, Economy, and State with Power and Market Copyright © 2006 by Ludwig von Mises Institute, fourth edition All rights reserved. Written permission must be secured from the publisher to use or reproduce any part of this book, except for brief quotations in critical reviews or articles. Published by the Ludwig von Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832-4528. ISBN: 1-933550-05-8 13-Digit ISBN: 978-1-933550-05-3 To Ludwig von Mises The Ludwig von Mises Institute dedicates this volume to all of its generous donors and wishes to thank these Patrons, in particular: George W. Connell & Andreas Acavalos, Richard Bleiberg, John Hamilton Bolstad, Louis Carabini (Monex International), Anthony Deden (Sage Capital Zurich AG), Mrs. Floy Johnson, Neil Kaethler, Mr. and Mrs. R. Nelson Nash & Mr. and Mrs. J.R. Bost, Dr. John Brätland, William H. Conn, Carl Creager, Dr. and Mrs. George G. Eddy, Douglas E. French, John R. Harper, Roland Manarin, Ronald Mandle, Mr. and Mrs. William W. Massey, Jr., Hall McAdams, E.H. Morse, Edward W. Rehak, Donald Mosby Rembert, Thomas S. Ross, Dr. Tito Tettamanti, Jan Tucker, Joe Vierra, Dr. Jim Walker & Anonymous, Toby Baxendale, Robert Blumen, Tobin Campbell, Dr. John P. Cochran, John Cooke, Kerry E. Cutter, D. Allen and Sandra Dalton, Rosemary D’Augusta (Perna Travel), James V. De Santo (DTL Inc.), Capt. and Mrs. Maino des Granges, Frank Van Dun, Eric Englund, Charles Ezell, Martin Garfinkel, Mr. and Mrs. Thomas E. Gee, Frank W. Heemstra, Jule R. Herbert, Jr., L. Charles Hilton, Jr., Mr. and Mrs. Max Hocutt, Keith A. Homan, Julia Irons, George D. Jacobs, M.D., Dr. Preston W. Keith, Robert N. Kennedy, Richard J. Kossmann, M.D., David Kramer, Steven R. Krause, John Leger, Arthur L. Loeb, Björn Lundahl, Samuel Medrano, M.D., Frederick L. Maier, Dr. Douglas Mailly, Steven R. McConnell, Joseph Edward Paul Melville, Dr. Dorothy Donnelley Moller, Reed W. Mower, Ron N. Neff, Christopher P. O’Hagan, Mr. and Mrs. Stanley E. Porter, Thomas H. Reed, James A. Reichert, Michael Robb, Conrad Schneiker, Alvin See, Mr. and Mrs. Thomas W. Singleton (Nehemiah Foundation), Carlton M. Smith, Kent Snyder, Geb Sommer, William V. Stephens, Charles Strong, Michael F. Thomas, Mr. and Mrs. James Tusty, Mr. and Mrs. Quinten E. Ward, Thomas Winar, Dr. Steven Lee Yamshon, Mr. and Mrs. Leland L. Young, Robert S. Young CONTENTS PREFACE TO THE FOURTH EDITION . ix CHAPTER 1—DEFENSE SERVICES ON THE FREE MARKET . .1 CHAPTER 2—FUNDAMENTALS OF INTERVENTION 1. Types of Intervention . 11 2. Direct Effects of Intervention on Utility . 15 A. Intervention and Conflict . 15 B. Democracy and the Voluntary. 19 C. Utility and Resistance to Invasion. 21 D. The Argument from Envy. 22 E. Utility Ex Post. 23 CHAPTER 3—TRIANGULAR INTERVENTION 1. Price Control . 29 2. Product Control: Prohibition . 40 3. Product Control: Grant of Monopolistic Privilege . 43 A. Compulsory Cartels . 48 B. Licenses . 48 C. Standards of Quality and Safety . 50 D. Tariffs. 55 E. Immigration Restrictions . 61 F. Child Labor Laws . 65 G. Conscription . 67 H. Minimum Wage Laws and Compulsory Unionism . 68 I. Subsidies to Unemployment . 69 J. Penalties on Market Forms . 69 K. Antitrust Laws. .71 L. Outlawing Basing-Point Pricing . 75 M. Conservation Laws . 76 vii viii Power and Market: Government and the Economy N. Patents . 87 O. Franchises and “Public Utilities” . 92 P. The Right of Eminent Domain . 93 Q. Bribery of Government Officials . 95 R. Policy Toward Monopoly . 97 Appendix A: On Private Coinage . 98 Appendix B: Coercion and Lebensraum. 100 CHAPTER 4—BINARY INTERVENTION: TAXATION 1. Introduction: Government Revenues and Expenditures . 103 2. The Burdens and Benefits of Taxation and Expenditures . 105 3. The Incidence and Effects of Taxation. 110 Part I: Taxes on Incomes . 110 A. The General Sales Tax and the Laws of Incidence . 110 B. Partial Excise Taxes; Other Production Taxes . 116 C. General Effects of Income Taxation . 118 D. Particular Forms of Income Taxation. 125 (1) Taxes on Wages . 125 (2) Corporate Income Taxation. 125 (3) “Excess” Profit Taxation . 127 (4) The Capital Gains Problem . 128 (5) Is a Tax on Consumption Possible?. 134 4. The Incidence and Effects of Taxation. 137 Part II: Taxation on Accumulated Capital . 137 A. Taxation on Gratuitous Transfers: Bequests and Gifts . 139 B. Property Taxation. 139 C. A Tax on Individual Wealth . .144 5. The Incidence and Effects of Taxation. 145 Part III: The Progressive Tax. 145 6. The Incidence and Effects of Taxation. 150 Part IV: The “Single Tax” on Ground Rent . 150 7. Canons of “Justice” in Taxation . 168 A. The Just Tax and the Just Price. 168 B. Costs of Collection, Convenience, and Certainty . 170 Contents ix C. Distribution of the Tax Burden. 172 (1) Uniformity of Treatment. 172 a. Equality Before the Law: Tax Exemption. 172 b. The Impossibility of Uniformity . 175 (2) The “Ability-to-Pay” Principle . 178 a. The Ambiguity of the Concept. 178 b. The Justice of the Standard . 181 (3) Sacrifice Theory. 185 (4) The Benefit Principle . 190 (5) The Equal Tax and the Cost Principle . 194 (6) Taxation “For Revenue Only” . 198 (7) The Neutral Tax: A Summary . 198 D. Voluntary Contributions to Government. 199 CHAPTER 5—BINARY INTERVENTION: GOVERNMENT EXPENDITURES 1. Government Subsidies: Transfer Payments . 207 2. Resource-Using Activities: Government Ownership versus Private Ownership . 213 3. Resource-Using Activities: Socialism . 226 4. The Myth of “Public” Ownership . 230 5. Democracy. 233 Appendix: The Role of Government Expenditures in National Product Statistics . 246 CHAPTER 6—ANTIMARKET ETHICS: A PRAXEOLOGICAL CRITIQUE 1. Introduction: Praxeological Criticism of Ethics. 251 2. Knowledge of Self-Interest: An Alleged Critical Assumption . 254 3. The Problem of Immoral Choices . 257 4. The Morality of Human Nature . 260 5. The Impossibility of Equality . 262 6. The Problem of Security . 267 7. Alleged Joys of the Society of Status . 269 8. Charity and Poverty . 272 9. The Charge of “Selfish Materialism” . 275 10. Back to the Jungle? . 278 x Power and Market: Government and the Economy 11. Power and Coercion . 280 A. “Other Forms of Coercion”: Economic Power . 280 B. Power Over Nature and Power Over Man . 283 12. The Problem of Luck . 287 13. The Traffic-Manager Analogy . 288 14. Over- and Underdevelopment . 288 15. The State and the Nature of Man . 289 16. Human Rights and Property Rights. 291 Appendix: Professor Oliver on Socioeconomic Goals . 294 A. The Attack on Natural Liberty . 295 B. The Attack on Freedom of Contract. 298 C. The Attack on Income According to Earnings. 301 CHAPTER 7—CONCLUSION: ECONOMICS AND PUBLIC POLICY 1. Economics: Its Nature and Its Uses . 311 2. Implicit Moralizing: The Failures of Welfare Economics. 314 3. Economics and Social Ethics . 317 4. The Market Principle and the Hegemonic Principle. 319 INDEX . 325 PREFACE TO THE FOURTH EDITION DIRECTIONS FOR USE: IF YOU hate the state, read this book. If you love the state, read this book! Students, educated laymen, and academics can all profit from Power and Market. In this vol- ume, Murray N. Rothbard uses positive economics to analyze various schemes and proposals to alter or eliminate market out- comes. Where government supporters come up with numerous reasons why government “needs” to do this or that, Rothbard puts constraints on people’s political fantasies. He shows how the state is not a benign entity that can easily fix problems in the world. Rather, the state is an imperfect and inherently coercive apparatus. Power and Market, now 35 years after its original publication, is still one of the most systematic economic analyses of govern- ment intervention around. Rothbard’s principles treatise Man, Economy, and State describes the economics of market exchange; Power and Market describes the economics of government inter- vention.1 Rothbard makes it clear that economics is a value free science that provides no ultimate ethical judgments, but he also points out that economics can be used to criticize certain posi- tions: “If an ethical goal can be shown to be self-contradictory and conceptually impossible of fulfillment, then the goal is clearly 1Rothbard originally wrote this volume as the final third of the 1,500- page manuscript for Man, Economy, and State. The length of the manu- script and the nonmainstream political conclusions in his analysis of gov- ernment were too much for some, however, so Man, Economy, and State and Power and Market were published as separate volumes in 1962 and xi xii Power and Market: Government and the Economy an absurd one and should be abandoned by all.”2 In certain ways, the book could be considered an early example of public choice economics because it uses economics to analyze govern- ment, and it certainly takes the romance out of politics. But Rothbard differed from public choice economists such as James M. Buchanan and Gordon Tullock (and, for that matter, all of his contemporaries) in that he consistently viewed the state as a coercive institution, an institution that was not created to make everyone better off.3 The central chapters of Power and Market offer a typology and discussion of different types of state intervention. Binary intervention is.
Recommended publications
  • Interview with Anthony De Jasay
    SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 INTERVIEW Interview with Anthony de Jasay F ASCHWIN DE WOLF 1. Once again we have entered an era in which the (unintended) consequences of government regulation and central banking are attributed to “capitalism.” What keeps you motivated as a writer? The short answer is: allergy. I know well enough that there is little or no use in arguing against populist politicians and pundits who denounce greedy capitalism and insufficiently controlled markets that, they claim, have brought catastrophe and will bring catastrophe again.
    [Show full text]
  • Issue 3, September 2015
    Econ Journal Watch Scholarly Comments on Academic Economics Volume 12, Issue 3, September 2015 COMMENTS Education Premiums in Cambodia: Dummy Variables Revisited and Recent Data John Humphreys 339–345 CHARACTER ISSUES Why Weren’t Left Economists More Opposed and More Vocal on the Export- Import Bank? Veronique de Rugy, Ryan Daza, and Daniel B. Klein 346–359 Ideology Über Alles? Economics Bloggers on Uber, Lyft, and Other Transportation Network Companies Jeremy Horpedahl 360–374 SYMPOSIUM CLASSICAL LIBERALISM IN ECON, BY COUNTRY (PART II) Venezuela: Without Liberals, There Is No Liberalism Hugo J. Faria and Leonor Filardo 375–399 Classical Liberalism and Modern Political Economy in Denmark Peter Kurrild-Klitgaard 400–431 Liberalism in India G. P. Manish, Shruti Rajagopalan, Daniel Sutter, and Lawrence H. White 432–459 Classical Liberalism in Guatemala Andrés Marroquín and Fritz Thomas 460–478 WATCHPAD Of Its Own Accord: Adam Smith on the Export-Import Bank Daniel B. Klein 479–487 Discuss this article at Journaltalk: http://journaltalk.net/articles/5891 ECON JOURNAL WATCH 12(3) September 2015: 339–345 Education Premiums in Cambodia: Dummy Variables Revisited and Recent Data John Humphreys1 LINK TO ABSTRACT In their 2010 Asian Economic Journal paper, Ashish Lall and Chris Sakellariou made a valuable contribution to the understanding of education in Cambodia. Their paper represents the most robust analysis of the Cambodian education premium yet published, reporting premiums for men and women from three different time periods (1997, 2004, 2007), including a series of control variables in their regressions, and using both OLS and IV methodology.2 Following a convention of education economics, Lall and Sakellariou (2010) use a variation of the standard Mincer model (see Heckman et al.
    [Show full text]
  • Anarchist Political Theory Written by James Wakefield
    Student Book Features: Anarchist Political Theory Written by James Wakefield This PDF is auto-generated for reference only. As such, it may contain some conversion errors and/or missing information. For all formal use please refer to the official version on the website, as linked below. Student Book Features: Anarchist Political Theory https://www.e-ir.info/2013/10/04/student-book-features-anarchist-political-theory/ JAMES WAKEFIELD, OCT 4 2013 ‘Anarchy,’ writes April Carter, ‘means literally “without government,” and the lowest common denominator of anarchist thought is the conviction that existing forms of government are productive of wars, internal violence, repression and misery.’[1] The last few years of political history have provided a good deal of evidence to support the anarchists’ conception of government, and with this has come a resurgence of the language of anti-politics: opposition not just to specific regimes, but to the very idea of authority that they embody. In this review I discuss two recent paperback re-issues of old books on anarchist (or, at least, anti-government) political theory. These are Carter’s The Political Theory of Anarchism (hereafter PTA), which first appeared in 1971, a year that seems all the more distant when we consider that Rawls’s game-changing A Theory of Justice was published the same year; and De Jasay’s Against Politics: On Government, Anarchy, and Order (hereafter AP), which is comparatively new, having seen the light in 1997. Even so, the essays contained in it are older, having been published between 1989 and 1996, though in one case slightly shortened for inclusion in the volume.
    [Show full text]
  • Guest Editors' Preface
    Etica & Politica / Ethics & Politics, 2003, 2 http://www.units.it/etica/2003_2/INTRODUCTION.htm Guest Editors’ Preface Raimondo Cubeddu Dipartimento di Scienze della Politica Università di Pisa Alberto Mingardi Visiting Fellow Centre for the New Europe When thirty years ago, in 1974, Robert Nozick’s Anarchy, State, and Utopia (1) was first released, “Libertarianism” was a word scarcely used in the political discourse. Nozick’s book came as an unexpected answer to John Rawls’ ground-breaking A Theory of Justice, (2) a work that was to re-shape the landscape of contemporary political philosophy. (3) Nozick’s work bestowed new philosophical dignity upon a set of ideas that was not “new” in any meaningful sense; though Libertarianism as a political movement emerged in the United States of America precisely during the Seventies, heralded by Nozick’s Anarchy, State, and Utopia as well as by Murray N. Rothbard’s For a New Liberty, (4) with the unforgettable subtitle “A Libertarian Manifesto”, (5) those principles to which libertarians gained a new life had long been dancing on the stage of history. What’s truly peculiar to the most recent development is the rejection of the legitimacy of an even “minimal” government (vis-à-vis the Nozickian solution). It is often difficult to distinguish between “Libertarianism” and “Classical Liberalism”. Those two labels are used almost interchangeably by those who we may call libertarians of a “minarchist” persuasion: scholars who, following Locke and Nozick, believe a State is needed in order to achieve effective protection of property rights. (6) Alas, often those who follow Nozick’s footsteps when proposing an “ultra-minimal” state end up in what we may dare calling a theoretical impasse; to those who believe there is a need for government – but share a fundamental distrust of political power, we may suggest that what’s needed is a “voluntarily financed” form of government.
    [Show full text]
  • The Case for Discrimination
    THE CASE FOR DISCRIMINATION THE CASE FOR DISCRIMINATION WALTER E. BLOCK LVMI MISES INSTITUTE I owe a great debt of gratitude to Lew Rockwell for publishing this book (and for much, much more) and to Scott Kjar for a splendid job of editing. © 2010 by the Ludwig von Mises Institute and published under the Creative Commons Attribution License 3.0. http://creativecommons.org/licenses/by/3.0/ Ludwig von Mises Institute 518 West Magnolia Avenue Auburn, Alabama 36832 mises.org ISBN: 978-1-933550-81-7 CONTENTS FORE W ORD B Y LLE W ELLYN H. ROCK W ELL , JR. vii PRE F ACE .. .xi PART ONE : DISCRIMINATION IS EVERY wh ERE . 1 1. Discrimination Runs Rampant . 3 2. Affirmative Action Chickens Finally Come Home to Roost. .6 3. Racism Flares on Both Sides. .9 4. Exclusion of Bisexual is Justified. 12 5. Catholic Kneelers . 14 6. Human Rights Commissions Interfere with Individual Rights. 16 7. Watch Your Language. .21 8. Sexist Advertising and the Feminists . 24 9. No Males Need Apply. .27 10. We Ought to Have Sex Education in the Schools. 29 11. Another Role for Women . 32 12. Female Golfer. 35 13. Silver Lining Part IV: Term Limits and Female Politicians. 38 14. Arm the Coeds. .42 15. Free Market Would Alleviate Poverty and Strengthen Family Relations. 46 16. Racism: Public and Private. 49 17. Stabbing the Hutterites in the Back. .52 PART TW O : TH E ECONOMICS O F DISCRIMINATION . .75 18. Economic Intervention, Discrimination, and Unforeseen Consequences. 77 19. Discrimination: An Interdisciplinary Analysis. 117 20.
    [Show full text]
  • Symposium on Anthony De Jasay
    SUBSCRIBE NOW AND RECEIVE CRISIS AND LEVIATHAN* FREE! “The Independent Review does not accept “The Independent Review is pronouncements of government officials nor the excellent.” conventional wisdom at face value.” —GARY BECKER, Noble Laureate —JOHN R. MACARTHUR, Publisher, Harper’s in Economic Sciences Subscribe to The Independent Review and receive a free book of your choice* such as the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Founding Editor Robert Higgs. This quarterly journal, guided by co-editors Christopher J. Coyne, and Michael C. Munger, and Robert M. Whaples offers leading-edge insights on today’s most critical issues in economics, healthcare, education, law, history, political science, philosophy, and sociology. Thought-provoking and educational, The Independent Review is blazing the way toward informed debate! Student? Educator? Journalist? Business or civic leader? Engaged citizen? This journal is for YOU! *Order today for more FREE book options Perfect for students or anyone on the go! The Independent Review is available on mobile devices or tablets: iOS devices, Amazon Kindle Fire, or Android through Magzter. INDEPENDENT INSTITUTE, 100 SWAN WAY, OAKLAND, CA 94621 • 800-927-8733 • [email protected] PROMO CODE IRA1703 Introduction Symposium on Anthony de Jasay F G. PATRICK LYNCH nthony de Jasay has had an important and yet unique place among the pantheon of distinguished contemporary liberal thinkers of the past forty A years. Jasay’s career has had three distinct phases that have allowed him to reach both academic and popular audiences interested in markets, politics, and social issues. Originally trained as an economist at Oxford, he has written both important “serious” academic works and more widely read popular columns in the spirit of many of the great popularizers of free markets.
    [Show full text]
  • Denmark,Liberalism
    Discuss this article at Journaltalk: http://journaltalk.net/articles/5895 ECON JOURNAL WATCH 12(3) September 2015: 400–431 Classical Liberalism and Modern Political Economy in Denmark Peter Kurrild-Klitgaard1 LINK TO ABSTRACT Over the last century, classical liberalism has not had a strong presence in Danish social science, including economics. Several studies have shown that social scientists in Denmark tilt leftwards. In a 1995–96 survey only 7 percent of political scientists and 3 percent of sociologists said they had voted for (classical-)liberal or conservative parties, whereas support for socialist parties among the same groups were 51 percent and 78 percent. Lawyers and economists were more evenly split between left and right, but even there the left dominated: 31 percent and 25 percent for at least nominally free-market friendly parties and 38 percent and 36 percent for socialist parties.2 Very vocal free-market voices in academia have been rare. This marginalization of liberalism was not always the case. Denmark was among the first countries to see publication of a translation of Adam Smith’s Wealth of Nations (Smith 1779/1776; see Rae 1895, ch. 24; Kurrild-Klitgaard 1998; 2004). Throughout the 19th century the emerging field of economics at the University of Copenhagen was visibly inspired not only by Smith and David Ricardo but also the “Manchester liberals” and French classical liberal economists Jean Baptiste Say and Frédéric Bastiat, of whose works timely translations were made. The university had professors of economics who today would be termed classical liberals, e.g., Oluf Christian Olufsen (1764–1827), Christian G.
    [Show full text]
  • Self-Ownership, World-Ownership, and Initial Acquisition
    LIBERTARIAN PAPERS VOL. 2, ART. NO. 36 (2010) SELF-OWNERSHIP, WORLD-OWNERSHIP, AND INITIAL ACQUISITION TRISTAN ROGERS* 1. Introduction G.A. COHEN’S WORK Self-Ownership, Freedom, and Equality1 is a highly regarded and widely influential critique of Robert Nozick’s canonical libertarian work Anarchy, State, and Utopia.2 Since much contemporary libertarian theory is indebted to Nozick, a successful dismantling of Nozick’s theory would seem to pose quite a threat to libertarianism more generally. But as Nozick himself said, “There is room for words on subjects other than last words.”3 Indeed, one of the chief virtues of Nozick’s work is its open exploratory approach. So, just as Nozick provides a starting point for the exploration of libertarianism, Cohen forces the libertarian theorist to confront difficult challenges, which sometimes result in the reaffirmation of a position, sometimes in revision. This eventually spawns a deeper and stronger theory. It is a modest step towards this lofty goal that this paper attempts. To orient the debate, I begin by briefly sketching Nozick’s familiar Entitlement Theory of Justice. I then present and respond to Cohen’s criticism at three stages. The first is the self-ownership stage, where Cohen does not attempt to refute the thesis of self-ownership, but instead attempts to cast doubt on it, in *Tristan Rogers ([email protected]) is an MA Candidate, Department of Philosophy, Queen’s University, in Kingston, ON, Canada. Thanks are due to Pablo Gilabert, Tara Myketiak, Jan Narveson, David Schmidtz, the editor of this journal, and an anonymous referee for helpful comments on earlier drafts.
    [Show full text]
  • 9780754661139.Pdf
    ORDERED ANARCHY This page intentionally left blank Ordered Anarchy Jasay and his Surroundings Edited by HARDY BOUILLON Centre for the New Europe, Belgium and HARTMUT KLIEMT Frankfurt School of Finance and Management, Germany © Hardy Bouillon and Hartmut Kliemt 2007 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without the prior permission of the publisher. The editors have asserted their moral right under the Copyright, Designs and Patents Act, 1988, to be identified as the editors of this work. Published by Ashgate Publishing Limited Ashgate Publishing Company Gower House Suite 420 Croft Road 101 Cherry Street Aldershot Burlington, VT 05401-4405 Hampshire GU11 3HR USA England Ashgate website: http://www.ashgate.com British Library Cataloguing in Publication Data Ordered anarchy : Jasay and his surroundings 1. De Jasay, Anthony, 1925- 2. Liberalism I. Bouillon, Hardy II. Kliemt, Hartmut, 1949- 320.5’13 Library of Congress Cataloging-in-Publication Data Ordered anarchy : Jasay and his surroundings / [edited by] Hardy Bouillon and Hartmut Kliemt. p. cm. Includes index. ISBN 978-0-7546-6113-9 (hardcover : alk. paper) 1. Libertarianism. 2. Anarchism. 3. Legitimacy of governments. 4. State, The. 5. De Jasay, Anthony, 1925- I. Bouillon, Hardy. II. Kliemt, Hartmut, 1949- JC585.O684 2007 320.5’7092—dc22 2007007976 ISBN 978-0-7546-6113-9 Printed and bound in Great Britain by TJ International, Padstow, Cornwall Contents List of Figures and Tables vii Notes on Contributors ix Foreword xiii PART I Introduction 1 1 Introducing Tony de Jasay 3 James M.
    [Show full text]
  • Separation of Law and State
    University of Michigan Journal of Law Reform Volume 43 2010 Separation of Law and State Talia Fisher Tel Aviv University Law School Follow this and additional works at: https://repository.law.umich.edu/mjlr Part of the Law and Philosophy Commons, Natural Law Commons, and the Rule of Law Commons Recommended Citation Talia Fisher, Separation of Law and State, 43 U. MICH. J. L. REFORM 435 (2010). Available at: https://repository.law.umich.edu/mjlr/vol43/iss2/5 This Article is brought to you for free and open access by the University of Michigan Journal of Law Reform at University of Michigan Law School Scholarship Repository. It has been accepted for inclusion in University of Michigan Journal of Law Reform by an authorized editor of University of Michigan Law School Scholarship Repository. For more information, please contact [email protected]. SEPARATION OF LAW AND STATE Talia Fisher* In the framework of the jurisprudential literature, the law-state bond is assumed as a given. Points of dispute emerge only at more advanced stages of the discussion, with respect to such questions as the duty to obey state law or the appropriate extent of state inter- vention in social relations. This Article will be devoted to a reconsideration of the presupposition of the law-state link and to challenging the state's status vis-A-vis the law-both in its role as the producer of legal norms and its capacity as the arbiter of disputes. The Article opens with a comparative elucidation of the Hobbe- sian and Lockean justifications for the existence of the state and its intervention in the law.
    [Show full text]
  • Michael C. Munger Director, PPE Program, Duke University Curriculum Vitae
    Michael C. Munger Director, PPE Program, Duke University Professor; Political Science Department, Duke University Economics Department, Duke (secondary) Sanford School of Public Policy, Duke (secondary) Campus Box 90204 -- Duke University, Durham, NC 27708 Curriculum Vitae 919-660-4301 (office) Email: [email protected] 919-844-0154 (home) http://www.michaelmunger.com Personal: Age 62 Erdös #: 4 Married to Donna Gingerella Two children: Kevin Munger (State College, PA http://www.kevinmunger.com/ ) Brian Munger (Durham, NC) Education ▪ Ph.D. (Economics, 1984), Washington University ▪ M.A. (Economics, 1982), Washington University ▪ B.A. (Economics, 1980), Davidson College Duke University-Wide Teaching Prizes NAACP “Image” Award--“Teaching About Race in America” 2003 Howard Johnson Award for Excellence in Teaching—2004 Bass Fellow Society for Excellence in Undergraduate Education, 2006-Present. Employment and Appointments (most recent first) Senior Fellow, American Institute for Economic Research; Great Barrington, MA. 11/18 –Present. Graduate Faculty (ad hoc), Ecole d'Economie, Centre D'études et de Recherches en Développement International, Université Clermont Auvergne, France, 12/17 Senior Fellow, Independent Institute; Oakland, California. 7/15—Present. Cevro Institute, Prague, Czech Republic, Chair of International Faculty, Philosophy, Politics, and Economics Program, 1/16—Present; taught M.A. courses in residence 8/17, 8/18, 8/19, 8/21; taught M.A. course via remote learning 8/20. Centro de Economia Politica, Universidad del Desarrollo, Santiago de Chile, Visiting Scholar, 6/10— 7/10, Scholar in Residence, 3/12—4/12, 7/12, 1/13, 10/16. Institut fur Politische Wissenschaft, Friedrich Alexander Universitat, Erlangen-Nuremberg, Germany, Visiting Professor, 4/09 – 8/09, Visiting Scholar, 6/11-7/11, 7/16, 7/18.
    [Show full text]
  • How Entrepreneurs Build the World the Ustrian a PUBLICATION of the MISES INSTITUTE
    The A PUBLICATIONustrian OF THE MISES INSTITUTE Vol. 5, No. 6 November – December 2019 PAGE 4 Professor Per Bylund How Entrepreneurs Build the World The ustrian A PUBLICATION OF THE MISES INSTITUTE 3 Jeff Deist – From the Publisher 4 Professor Per Bylund on How Entrepreneurs Build the World 14 David Gordon reviews The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas 18 Mises Fellows 2019 20 Mises Institute in Seattle 21 Annual Membership Levels Coming Events 22 Libertarian Scholars Conference 24 2019 Supporters Summit 26 In Memoriam 27 Ways to Give 28 2019 Accomplishments Published 2019 (six times per year) by the Mises Institute under the Creative Commons Attribution-NonCommercial 4.0 International License. http://creativecommons.org/licenses/by-nc/4.0/ Publisher: Jeff Deist Editor: Ryan McMaken Associate Editor: Tho Bishop Managing Editor: Judith F. Thommesen Design/Layout: Maria J. Black Contributing Editors: David Gordon Joseph T. Salerno Mark Thornton MISES INSTITUTE 518 West Magnolia Avenue Auburn, AL 36832-4501 334.321.2100 | Fax: 334.321.2119 [email protected] | mises.org The Mises Institute is a nonprofi t organization. Contributions are tax- deductible to the full extent of the law. Note: the views expressed in The Austrian are not necessarily those of the Mises Institute. The Austrian | November/December 2019 | 3 [email protected] • @jeffdeist mind that most members of Congress couldn’t organize a hot dog stand, much less a multi-billion dollar company. From the publisher This was nothing less than a fascist show, a thinly veiled threat, by a Congress intent on displaying its power.
    [Show full text]