CURRENT ISSUE:
The Capital Structure of Libertarian Production
author: Jakub Bożydar Wiśniewski,
The purpose of the present article is to reflect on the intellectual origin of the close relationship between Austrian economics and libertarian philosophy. It suggests that the relationship in question is grounded in the fact that personal liberty and individual initiative, in addition to being significant moral values, are also crucial reservoirs of organizational efficiency and developmental drive. This implies that libertarian values can be disseminated, promoted, and implemented particularly effectively as a result of utilizing theoretical insights of the Austrian school, which is singularly committed to explaining the efficiency-enhancing features of the unhampered market process and entrepreneurial rivalry. In this connection, special attention is devoted to the liberty-promoting potential of Austrian contributions to the fields of capital, entrepreneurship, and the firm.
Animal Rights from the Perspective of Evictionism
author: Walter Block,
In this paper, the conception of Anthony J. Cesario about the philosophy of animal rights is critically reviewed. His approach is a valiant effort to defend the philosophy of animal rights. He is a moderate on this matter, offering all sorts of compromises. He applies an unusual insight to this matter with using the libertarian doctrine of evictionism.
Some Prospects of Libertarian Punishment Theory: Rejoinder to Blasco and Marcos
author: Walter Block,
Libertarian punishment theory was initially articulated by Murray N. Rothbard and Walter E. Block. It was broken down into four separate stages. To a great degree, this theory was accepted by Eduardo Blasco and Davie Marcos. However, they maintain it is in need of some slight adjustments and improvements, mainly dealing with the interest rate. The present paper claims their suggestion while valid, is unnecessary, since this theory already incorporates that element, at least implicitly.