The election season is upon us, and we’re hearing the usual political promises about raising wages. Democrats pledge to raise the minimum wage and assure equal pay for equal work for men and women. Republicans usually oppose those things, but their explanations are typically lame. (“The burden on small business would be increased too much.”)…

C4SS Feed 44 presents Kevin Carson‘s “Hobby Lobby — A Question of Agency” read James Tuttle and edited by Nick Ford. To repeat, there were a lot of people whose agency was at stake here besides the Green family’s — in particular, the 70% majority of Hobby Lobby’s workers who are women. who may have been having…

Paul Krugman, in denouncing the excessive market power of Amazon (“Amazon’s Monopsony is Not OK,” New York Times, October 19), proclaims that the Robber Baron Era ended when “we as a nation” put an end to it. There’s a powerful story in the book of 2 Samuel about the prophet Nathan confronting King David after…

C4SS Feed 44 presents “Socialist Ends, Market Means” from the book Markets Not Capitalism, written by Gary Chartier, read by Stephanie Murphy and edited by Nick Ford. Left libertarianism represents a particularly radical development of generally acknowledged libertarian moral judgments and an elaboration of the implications of moral principles that can be seen to provide plausible grounds for rejecting…

Speaking at a $10,000-a-plate fundraiser hosted by Democratic billionaire Rich Richman, President Obama denounced the GOP as — wait for it — the “party of billionaires” (Douglas Barclay, “Obama blasts Republican billionaires at home of Democratic billionaire,” Rare, Oct. 9). “If Republicans win, we know who they’ll be fighting for. Once again, the interests of billionaires…

C4SS Feed 44 presents Joel Schlosberg‘s “Our Bodies, Their Subsidies” read Christopher King and edited by Nick Ford. Moreover, the Affordable Care Act is merely the latest in a century-long line of legislation ostensibly aimed at increasing the affordability of health care, but which by subsidy have locked in a status quo of needlessly high levels…

In his recent Rolling Stone cover story (“In Defense of Obama,” October 8), Nobel Prize-winning economist,  peak liberal and New York Times commentator Paul Krugman lays out what he believes is a qualified defense of Barack Obama’s presidency: A sycophantic love letter from a man who surely must know better, but either has chosen to ignore six years of…

Links-libertarisme krijgt de laatste tijd veel aandacht in de bredere Amerikaanse libertarische gemeenschap. De term links-libertarisme is op vele manieren gebruikt binnen de Amerikaanse politiek, en er lijkt enige verwarring te zijn binnen de libertarische gemeenschap over wie die links-libertariërs nou werkelijk zijn. De basisideeën van links-libertarisme, zoals wij ze bij Alliance of the Libertarian…

The following article was written by Dyer Lum and published The Alarm, June 13, 1885. An Appeal to the Wage Slaves of America. Should American Workingmen Arm Themselves? An Old Soldier Utters a Cry of Warning. Private Capital Demands Its Pound of Flesh at the Point of Bayonet. Slaves or Freemen? Which? Comrades. You have heard the…

My good friend Ciaran, who introduced me to the insights of free market libertarianism (Particularly the works of Frederic Bastiat and Ludwig von Mises), expressed his confusion at the notion of free market socialism. As the concepts are typically considered polar opposites, I figured I would offer some glimpses at various strains of free market…

In a new article for Rolling Stone, “Inside the Koch Brothers’ Toxic Empire,” Tim Dickinson attempts to present the frequently demonized brothers Koch as essentially hardline libertarians, whose radical free market ideology is thoroughly mixed into their business philosophy and practices. We’ve all seen this article before. Liberal media outlets have made a whole industry…

If you accept your enemy’s conceptual categories, you’re apt to wind up with a badly framed debate in which both sides are unsatisfactory. Jeff Madrick’s article “Our Misplaced Faith in Free Trade” (New York Times, October 3) clearly demonstrates this. The corporate state and its stooges in both major political parties and the commentariat are heavily…

I often hear people make casual remarks like, “Well, the State has a right to collect taxes,” “the State has a right to punish criminals,” or “the State has a right to controls its borders.” Inside, I am always somewhat horrified at how very easily these kinds of assumptions are made, at how obvious the…

It’s no secret that economists and libertarians have developed a bad habit of assuming things about history and other societies on first principle without actually checking archaeological or anthropological findings. On occasion the divide can be quite stark. David Graeber’s Debt: The First 5000 Years gets a lot of momentum by attacking a widely circulated…

A recent story in the Wall Street Journal highlights the “growing roster of countries” that now want a say in the world’s major corporate mergers. Given the interconnectedness of today’s global economy, it is no wonder that more than 100 international jurisdictions now claim antitrust authority to examine deals, all “embracing different approaches for evaluating…

È opinione comune che, secondo come vengono formulate le domande, i sondaggi possono produrre praticamente qualunque risposta desiderata. Emily Ekins, parlando dell’atteggiamento della generazione Y su questioni economiche e politiche (“Are Millennials Far Left on Economics? No,” Reason, 18 agosto), dimostra un’incoerenza concettuale quasi totale nell’inquadrare i risultati di un sondaggio Reason-Rupe sulla generazione Y…

What governs price? Does cost of production determine price or does price determine cost of production? In the world of economic caricatures, the classical economists (Smith, Ricardo, et al.) took the former position, the Austrians the latter. Specifically, the Austrian view supposedly is that that demand driven by marginal utility determines the price of consumer…

Marx had no monopoly. Eugen von Böhm-Bawerk (1851-1914), the second-generation giant of Austrian economics, famously refuted the theory, most commonly associated with Marx, that the employer-employee relationship is intrinsically exploitative. Less well known is that Böhm-Bawerk had an exploitation theory of his own, which he expressed in his 1889 masterpiece, Positive Theory of Interest, volume…

Big is not beautiful when it comes to economics. This is the key message of Kevin Carson’s “Industrial Policy: New Wine in Old Bottles“. His essay makes compelling arguments in favour of an anarchist society based on small-scale community manufacturing, peer-to-peer production and decentralised production. Carson sets out the ways in which the state concentrates economic…

On September 18, a military police officer at Lapa, east zone of Sao Paulo, Brazil, killed street vendor Carlos Augusto Muniz Braga. Footage of the tragedy surfaced and was viralized, showing the moment the police officer shoots point blank at the victim. Carlos moved away but fell down shortly afterwards. What was his crime? Witnesses…