Tag Archives: Austrian Economics

Review of Libertarian Quandaries

libertarian_quandriesJakub Wisniewski‘s book Libertarian Quandries is a thoughtful and accurate account of the libertarian ethical system. Though the language is a bit academic at times, the chapters are short and pithy. This makes the book an excellent choice for those who are familiar with libertarianism and want to take their understanding and arguments to the next level.

Wisniewski addresses a wide range of objections to libertarianism, be they economic, ethical, or simply a question of what is practical. Similarly, he mounts a calm but relentless attack on arguments in favor of government. Ancaps will appreciate his consistent anarchist message, while libertarians who are still holding on the idea of limited government will find some interesting food for thought.

That said, there are a few things that call for clarification: Continue reading

Twin Goddesses of the Libertarian Movement

Ethics and Economics

Ethics and Economics (The Linley Sisters)

Ethics and Economics have always been the twin goddesses of the libertarian movement. Some find their way to libertarianism through Austrian Economics and others find their way to free market thinking from a conviction in personal freedom. In either case, for most of those who enjoy a libertarian state of mind, ethics and economics are always close at hand.

Economics shows the power of human cooperation. Immense cities, microscopic computers, abundant food, advanced medicine and flying machines are just some of the bounty derived from applying economic principles like division of labor and catallactics. They are the result of having a free market.

Ethics explains the difference between peaceful cooperation and criminal conflict. One might think that the difference should be obvious, but it is precisely the opposite in today’s state dominated society. Conflict is rained down like fire Continue reading