A Defense Against Attacks on Negative Liberty
ABSTRACT: Isaiah Berlin made the distinction between negative liberty and positive liberty. Since then, prominent contemporary philosophers including Charles Taylor and Martha Nussbaum have declared negative liberty insufficient or incoherent. This is a critique of those declarations, which have been
Decentralization: Why the EU May Be Better than the US
Over the years, I’ve been pretty hard on the European Union. Both as an editor and a writer, I’ve published articles criticizing its central bank and its unelected, bureaucratic central government. Especially objectionable is the EU ruling class’s propensity for
Law Order vs. Lawyer Order: Analyzing the Development of Jury Independence
ABSTRACT: This essay develops a model to analyze jury independence. Jury independence can be seen as a game between elites and the citizens who make up the jury. This essay first presents a historical look at jury independence by looking
Enforced Equality or—Justice?
Volume 8, Number 1 (1986) I In the Preface to The Mirage of Social Justice, the second volume of his trilogy on Law, Legislation and Liberty, F. A. Hayek explained that "circumstances have contributed to delay the publication of the second volume
More Evidence the American Economic “Recovery” Will Disappoint
The University of Michigan consumer confidence index fell to 82.8 in May, from 88.3 in April. More importantly, the current conditions index slumped to 90.8, from 97.2 and the expectations index declined to 77.6, from 82.7. Hard data also questions the strength of
Does Bitcoin Use “Too Much” Electricity?
Elizabeth Warren has decided that bitcoin mining uses "too much" electricity. This raises an important question: Is Senator Warren qualified to decide on the "correct" amount of electricity usage? Original Article: "Does Bitcoin Use "Too Much" Electricity?" Narrated by Jessica Hill.
Let’s Level the Playing Field between the Dollar and Competing Currencies
Thanks to so many government restrictions on the use of potential monies that aren’t the dollar, we can only guess as to what the relationship between dollars and bitcoin would be in a functioning marketplace. But it doesn't have to
“People over Profits” Is a False Creed
The slogan People over Profits once again is being heard in Washington and elsewhere in the country. This time, however, the sloganeering doesn’t come from Jane Fonda or Bernie Sanders (although both have used that mantra for many years) but rather
The Political Animal: Aristotelian Metaphysics for Austrian Schoolmen
ABSTRACT: This essay aims to introduce the Austrian community to the metaphysical principles of political life first discovered by Aristotle and subsequently clarified by Thomas Aquinas. I begin by contrasting the Aristotelian perspective on social cooperation to that of mainstream
The Theory of the Political Spectrum
ABSTRACT: This article introduces a new approach to the problem of political spectrum polarization. Political science has introduced a multitude of spectrograms based on different factors, dimensions, axes, and cardinal points. Most often the graphics do not complement each other,