The new history of capitalism (NHC) offers libertarians an exciting opportunity to defend the vitality of capitalism. Scholars like Sven Beckert, Walter Johnson, and Edward Baptiste argue that slavery provides fascinating insights into the workings of early …
The Great Barrington Declaration: A Few Words of Caution
With the recently issued Great Barrington Declaration, the antilockdown movement has received a shot in the arm.
The proposal, introduced by three prominent epidemiologists and scientists at a summit sponsored by the American Institute for Economic Research, seems to …
Pandemic Follies: Tyranny Won’t Keep Us Safe
Politicians have destroyed more than 13 million jobs this year in a deluge of edicts aimed to fight the covid-19 pandemic. More than two hundred thousand Americans still died from the coronavirus, but the anticovid government crackdowns probably did far …
"Build Back Better": Why Are Both Biden and Boris Now Using This Phrase?
The Trump campaign shared a video on social media this week, claiming Joe Biden had ripped off a slogan from British prime minister Boris Johnson.
“We have a great opportunity to build back and to build back better” (emphasis …
A Critique of the Labor Theory of Value
[This selection is adapted from “The Labor Theory of Value: A Critique of Carson’s Studies in Mutualist Political Economy,” Journal of Libertarian Studies 20, no. 1 (2006). Please see original for full references and footnotes.]
Before proceeding, we …