I recently watched a short presentation by Mark Hendrickson from Grove City College about the free market and Walmart. In the presentation Hendrickson covers in short, but informative detail, how free market mechanisms work. Firms that offer better prices in the market draw away customers from other firms, and the end result is that new…

The Progressive movement at the turn of the twentieth century—the doctrine from which the main current of modern liberalism developed—is sometimes erroneously viewed as an “anti-business” philosophy. It was anti-market to be sure, but by no means necessarily anti-business. Progressivism was, more than anything, managerialist. The American economy after the Civil War became increasingly dominated…

Ostrom begins by noting the problem of natural resource depletion—what she calls “common pool resources”—and then goes on to survey three largely complementary (“closely related concepts”) major theories that attempt to explain “the many problems that individuals face when attempting to achieve collective benefits”: Hardin’s “tragedy of the commons,” the prisoner’s dilemma, and Olson’s “logic…

It’s been the thing lately, among certain establishment liberals, to dismiss libertarians as “Koch-funded shills.” We’ve heard a lot of it from Mark Ames and Yasha Levine at NSFWCorp, for example. This is stupid, first of all, because it’s historically illiterate. Free market libertarianism has its origins in the classical liberalism of two hundred years…

Tyler Cowen’s thesis is that economic growth is leveling off and rates of return decreasing because we’ve already picked the “low-hanging fruit” (meaning innovations and investments that have high returns). The stagnation in GDP and median income in recent decades means “the pace of technological development has slowed down,” and the general population is benefiting…

“Reformism” is one of those words that’s hard to pin down sometimes. It’s usually taken to mean advocating for “reform within the system” — in other words, the bad kind of reform. A bad reform operates from the unstated – often unconscious – starting assumptions of the system. It takes the existing institutional framework of…

On October 20th, Amia Srinivasan, proffered four questions for anyone dependent on a technical language of free(d) markets. C4SS Senior Fellow, Charles Johnson, has five answers for her: The Nozickian outlook is often represented as moral common sense. But is it? Here I pose four questions for anyone inclined to accept Nozick’s argument that a just…

This article won the 2011 Beth A. Hoffman Memorial Prize for Economic Writing. Although critics on the left are very astute in describing the evils of present-day society, they usually fail to understand either the root of those problems (government intervention) or their solution (the operation of a freed market). In Progressive commentary on energy,…

Of late I have been trying to balance my staunch support of the non-aggression principle (NAP) and self-ownership with my increasingly leftist values. For some anarchists the NAP and property rights are totally and wildly incompatible with anarchism, with the argument going so far to claim that stereotypical anarchism is rooted in a rejection of…

C4SS Senior Fellow and Molinari Institute Director and President, Roderick T. Long, presenting before the 2013 Students for Liberty Dallas Regional Conference at the University of North Texas. Roderick T. Long particpated in a brief interview regarding his talk, Objections to Libertarianism, Transitioning to Free(d) Markets, and More.

In The Wealth of Nations Adam Smith famously wrote, “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the publick, or in some contrivance to raise prices.” It may seem strange that history’s best-known advocate of the free market would cast such aspersions on business…

“Need I comment that these capitalists, both in Islam and in Christendom, were friends of the prince and helpers or exploiters of the state? […]” “Thus, the modern state, which did not create capitalism but only inherited it, sometimes acts in its favor and at other times acts against it; it sometimes allows capitalism to…

Existe uma lenda popular secular que diz o seguinte: era uma vez (pois é assim que esses tipos de histórias deveriam começar), no século XIX, a economia dos Estados Unidos, que era quase totalmente desregulada e laissez-faire. Então, surgiu um movimento com o objetivo de sujeitar os negócios a controles regulatórios em prol dos trabalhadores e…

Back in the ’90s, the Financial Times referred to the G8 countries and the Washington Consensus they enforced as a “de facto world government.” As if we needed any reminder that such a global corporate regime exists in practice, consider the Trans-Pacific Partnership currently under negotiation. Although in theory the authority of all treaties signed…

C4SS Senior Fellow and The Karl Hess Scholar in Social Theory, Kevin Carson, join The Annoying Peasants Radio Show. Discover Politics Internet Radio with The Annoying Peasants on BlogTalkRadio On this episode, The Annoying Peasants discuss mutualism, individualist anarchism and Carson’s books – Studies in Mutualist Political Economy, Organization Theory: A Libertarian Perspective, and The Homebrew Industrial Revolution.

Cory Doctorow, convidado de honra da vindoura convenção de ficção científica FenCon em Dallas, observa (“Durante o fechamento, alguns cientistas não podem falar acerca de ciência,” Boing Boing, 4 de outubro) que alguns de seus colegas palestrantes não poderão falar se o fechamento do governo continuar. Por eles serem cientistas espaciais do governo, estão enquadrados na…

Military Artifacts All over the world, landscapes both urban and rural are littered with military artifacts from bygone times. These artifacts have completed their lifecycle as objects of power, force and control, and have either been repurposed or forgotten. Repurposed artifacts gain new meaning in the world, as they take on new roles. The former military…

El libertario Harry Browne una vez escribió que el gobierno «sabe cómo romperte las piernas, darte unas muletas y decir “¿Ves? si no fuera por el gobierno, no podrías caminar”». Pero con déficits y recesiones al acecho, los gobiernos han estado volviéndose más tacaños en cuanto a la entrega de muletas. La Cámara de Representantes…

Debates over conscription typically take the form of a for-or-against binary with flavors varying according to the inclinations of the participants. Fascists champion conscription as a means of purification while others see it as a means of precluding or at least mitigating the possibility of war. The former perspective deserves no further exploration, but the…

Throughout the US government “shutdown,” Democratic politicians have compared their Republican rivals to “anarchists” and argued that the “shutdown” proves government necessary. A recent speech by US Senator Elizabeth Warren (D-MA) on the Senate floor exemplifies this trend. Misconceptions run rampant in Senator Warren’s speech. She conflates cooperation and government, stating “In our democracy, government is…