Max Skjönsberg reflects on the different understandings of liberty in the eighteenth century and the important relationship ...

A libertarian is committed to the principle that liberty is the most important political value. Liberty means being free to make your own choices about your own life, that what you do with your body ...

Prosperity and property rights are inextricably linked. The importance of having well-defined and strongly protected property rights is now widely recognized among economists and policymakers. A ...

Anarchism is a theory of society without the state in which the market provides all public goods and services, such as law and order. Although most anarchists oppose all large institutions, public or ...

Crypto- anarchism is a philosophy whose advocates think technology can assist them in creating communities based on consent rather than coercion.

Although the term methodological individualism was coined by the economist and historian Joseph Schumpeter, he was not the first to identify this methodological device and principle of explanation in ...

Throughout the first 150 years of America’s independence, political leaders and the public alike sought to keep the country out of armed conflicts that did not have direct relevance to the nation’s ...

The non- aggression axiom is an ethical principle often appealed to as a basis for libertarian rights theory. The principle forbids “aggression,” which is understood to be any and all forcible ...

A libertarian world won’t eliminate all poverty, but it offers powerful tools for greatly reducing it, and improving the lives of the poorest and least privileged.

Smith discusses the utilitarianism of Jeremy Bentham and why it so alarmed the defenders of natural rights.

Minarchists and anarchists—i.e. champions of the night- watchman state and opponents of any state—aren’t as clearly distinguishable as one might think.

Lex mercatoria, or the “Law Merchant,” refers to the privately produced, privately adjudicated, and privately enforced body of customary law that governed virtually every aspect of commercial ...