Mention "free market advocate" or "defender of private property rights" and the name Ronald Coase is certain to be included in the top ten list of virtually all cognoscenti of such matters. Nor can it be denied that there are numerous good and sufficient reasons for this assessment....

In Block and Barnett (2005), we make the case that the best way to promote peace and prosperity, to protect the environment and fight poverty is to rein in government to the greatest extent possible. Each of our critics (Batten and Szilagyi 2005; Higgins 2005; Jonker 2005) challenges this thesis, and we...

Nozick (1977) was a methodological critique of the Austrian School of economics. He took the view that the praxeological school was guilty of a logical contradiction. On the one hand, it eschews the concept of indifference. On the other, it utilizes that of supply. But, Nozick argued, for there...

The work of Hayek, in contrast with the Marxist-Socialist-Interventionist-Galbraithian paradigm that held sway in the mid-20th century, appears as a beacon for free enterprise amidst a sea of totalitarianism. When considered in comparison to the writings against which he contended, Hayek’s was...

The present paper is devoted to showing that all externalist explanations for truth in economics are false, but that if there any are used, it should not be the democratic one utilized by Rosen (1997). Rather, even though it is equally fallacious, it should the one proposed in the present paper:...

This is an essay which takes as its jumping off point the free enterprise system. It then attempts to evaluate the contributions of four distinguished scholars to monetary theory in general, and to an evaluation of the gold standard in particular. I take for granted the general case for markets,...