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An Austro-Libertarian Critique of Public Choice

An Austro-Libertarian Critique of Public Choice
Author: Walter E Block
Publisher: Ludwig Von Mises Institute
Total Pages:
Release: 2017-12-08
Genre:
ISBN: 9781610166805

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"Dilorenzo and Block have rendered an invaluable service to scholars and students interested in Public Choice, Austrian Economics and Liberalism. Their critical analysis of Public Choice from the Austrian perspective is timely and relevant to clarify important misconceptions about both schools of thought that although in some aspects are complementary in many others offer a significantly different and even opposite approach. This is a most welcome book that was very necessary and fills an important vacuum in the literature." - Jesus Huerta de Soto "I congratulate DiLorenzo and Block for writing this important and courageous book chastising Public Choice. Austro-Libertarianism and Public Choice are to some degree complements; both veer in the direction of support for private property, fee enterprise and capitalism, and against government involvement in the economy. But they are also substitutes, in that the former is a consistent underpinning of the free marketplace, where the latter is not." - Han-Hermann Hoppe


The Austro-Libertarian Point of View

The Austro-Libertarian Point of View
Author: Alan G. Futerman
Publisher: Springer Nature
Total Pages: 214
Release: 2021-11-01
Genre: Business & Economics
ISBN: 9811646910

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This book covers several areas of economic theory and political philosophy from the perspective of Austrian Economics and libertarianism. As such, it deals with Epistemology and Methodology, Microeconomics, Macroeconomics, Labor Economics, International Economics, Political Philosophy, Law and Public Policy, all from the Austro-libertarian perspective. Hence, this book offers an integrated view of libertarianism and Austrian economics in the light of recent debates in the areas of economic science and political philosophy. Moreover, it builds from the foundations of the Austrian approach (epistemology and methodology), while the latter material deals with its application to the individual from the microeconomic perspective, which in turn allows an exploration of subjects in macroeconomics. Additionally, this work applies Austro-libertarianism to law, politics, and public policy. Thus, it offers a unified view of the entire approach, in a logical progression, allowing the readers to judge this perspective in full. Futerman and Block say that their book is not a manual, which I suppose it is not. But it is a collection of highly pertinent essays, from which you can understand what is mistaken in the orthodoxy of economics, law, and politics. The central term of art in Austrian economics is that phrase “human action.” It is the exercise of human will, not the blind bumping of one molecule against another or one organism against another, as in the physical sciences... Futerman and Block distinguish Austrian economics as a scientific enterprise based on liberty of the will from “libertarianism” as an advocacy based on policies implied by such liberty. “Although Austrian economics is positive and libertarianism is normative,” they write, “this book shows how both are related; how each can support the other.” Indeed they do. Deirdre N. McCloskey, PhD UIC Distinguished Professor of Economics and of History Emerita, Professor of English Emerita, Professor of Communication Emerita, University of Illinois at Chicago


Government By The Market?

Government By The Market?
Author: Peter Self
Publisher: Westview Press
Total Pages: 322
Release: 1993-11-24
Genre: Political Science
ISBN:

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An account of "public choice" theories, and examines their influence upon government policies in English-speaking countries. Issues covered include slimming the state, privatizing welfare and restructuring government. Final chapters offer an alternative view of the basis of good government.


Redeeming Economics

Redeeming Economics
Author: John D. Mueller
Publisher: Open Road Media
Total Pages: 692
Release: 2014-04-08
Genre: Business & Economics
ISBN: 149763637X

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“Groundbreaking.” —Washington Examiner Economics is primed for—and in desperate need of—a revolution, respected economic forecaster John D. Mueller shows in this eye-opening book. To make the leap forward will require looking backward, for as Redeeming Economics reveals, the most important element of economic theory has been ignored for more than two centuries. Since the great Adam Smith tore down this pillar of economic thought, economic theory has been unable to account for a fundamental aspect of human experience: the relationships that define us, the loves (and hates) that motivate and distinguish us as persons. In trying to reduce human behavior to exchanges, modern economists have forgotten how these essential motivations are expressed: as gifts (or their opposite, crimes). Mueller makes economics whole again, masterfully reapplying the economic thought of Aristotle, Augustine, and Aquinas.


Evictionism

Evictionism
Author: Walter E. Block
Publisher: Springer Nature
Total Pages: 168
Release: 2021-11-23
Genre: Law
ISBN: 9811650144

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This book applies libertarian property rights theory to a vexing controversy, abortion. This book offers a compromise solution that will not fully please either of the two sides of this debate, but, is the only possible reconciliation between the two. Nor are its benefits limited to the fact that the opposing forces in this debate may be brought together. Evictionism, also, is the only philosophical position compatible with human rights; neither of the other two can make this claim. There are many other publications and learned articles supporting the pro-life position as well as defending the pro-life viewpoint. This is the only book that offers a perspective on abortion that is radically different than both. This book uniquely applies private property rights theories we all agree upon when referred to issues such as real estate, crime, torts, etc., to abortion. The underlying philosophical contribution of Evictionism this book presents is that these basic legal premises can be utilized in this controversial case as well as practically everywhere else in law. Want to solve the abortion controversy? Want to demonstrate that both the pro-life and the pro-choice positions are erroneous? Want to read about a position that is a compromise between the pro-life and the pro-choice positions? Then this book provides robust understanding, discussions and applications for getting to the truth about this issue.


Competition and Entrepreneurship

Competition and Entrepreneurship
Author: Israel M. Kirzner
Publisher: University of Chicago Press
Total Pages: 258
Release: 2015-07-10
Genre: Business & Economics
ISBN: 022637548X

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Stressing verbal logic rather than mathematics, Israel M. Kirzner provides at once a thorough critique of contemporary price theory, an essay on the theory of entrepreneurship, and an essay on the theory of competition. Competition and Entrepreneurship offers a new appraisal of quality competition, of selling effort, and of the fundamental weaknesses of contemporary welfare economics. Kirzner's book establishes a theory of the market and the price system which differs from orthodox price theory. He sees orthodox price theory as explaining the configuration of prices and quantities that satisfied the conditions for equilibrium. Mr. Kirzner argues that "it is more useful to look to price theory to help understand how the decisions of individual participants in the market interact to generate the market forces which compel changes in prices, outputs, and methods of production and in the allocation of resources." Although Competition and Entrepreneurship is primarily concerned with the operation of the market economy, Kirzner's insights can be applied to crucial aspects of centrally planned economic systems as well. In the analysis of these processes, Kirzner clearly shows that the rediscovery of the entrepreneur must emerge as a step of major importance.


Philosophy of Law

Philosophy of Law
Author: Walter E. Block
Publisher: Springer Nature
Total Pages: 520
Release: 2019-11-14
Genre: Law
ISBN: 3030283607

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Looking at discrimination, education, environment, health and crime, this volume analyses United States Supreme Court rulings on several legal issues and proposed libertarian solutions to each problem. Setting their own liberal theory of law, each chapter discusses the law at hand, what it should be, and what it would be if their political economic philosophy were the justification of the legal practice. Covering issues such as sexual harassment, religion, markets in human organs, drug prohibition and abortion, this book is a timely contribution to classical liberal debate on law and economics.


The Classical Liberal Case for Israel

The Classical Liberal Case for Israel
Author: Walter E. Block
Publisher: Springer Nature
Total Pages: 491
Release: 2021-11-02
Genre: Political Science
ISBN: 9811639531

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This book offers a unique perspective on the State of Israel based on classical liberalism, both on a historical and theoretical level. Specifically, it makes a classical liberal and libertarian analysis based upon homesteading and private property rights to defend the State of Israel. As such, this work explores the history of the Jewish State, both to provide a positive case for its right to exist, and to clarify the myths surrounding its origin and development. At the same time, it deals with other relevant related subjects, such as the complex situation between Israel and the Palestinian Arabs, the military campaigns against the Jewish State, the connection between anti-Zionism and anti-Semitism, and Israel’s economic miracle. The thorough analysis presented in this work intends to show not only why the voices and movements against Israel are wrong (including the Boycott, Divestment and Sanctions movement, BDS), but more importantly, why Israel is an example of human flourishing and freedom that every advocate for liberty should celebrate. The Classical Liberal Case for Israel makes the practical and moral case for Israel. It is based on truths and facts that need to be repeated over and over. Block & Futerman understand that the only way to defeat a big lie is with a big truth. Benjamin Netanyahu, Prime Minister of the State of Israel, Jerusalem, Israel Classical Liberalism, often associated with the spread West from Northern Europe in creating free nations, is argued here as applying to Israel, with ancient roots in the principles of human freedom. Vernon L. Smith, Ph.D. Nobel Prize in Economic Sciences (2002), and Professor, George L. Argyros Endowed Chair in Finance and Economics, Professor of Economics and Law, Smith Institute for Political Economy and Philosophy, at Chapman University.


The Routledge Companion to Libertarianism

The Routledge Companion to Libertarianism
Author: Matt Zwolinski
Publisher: Routledge
Total Pages: 827
Release: 2022-04-28
Genre: Business & Economics
ISBN: 1000569225

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Have you ever wondered what libertarians think about vaccine mandates? About gun control? About racial and sexual inequalities? While libertarianism is well known as a political theory relating to the scope and justification of state authority, the breadth and depth of libertarian work on a wide range of other topics in social and political philosophy is less well known. This handbook is the first definitive reference on libertarianism that offers an in-depth survey of the central ideas from across philosophy, politics, and economics, including applications to contemporary policy issues. The forty chapters in this work provide an encyclopedic overview of libertarian scholarship, from foundational debates about natural rights theories vs. utilitarian approaches, to policy debates over immigration, punishment and policing, and intellectual property. Each chapter presents a comprehensive and up-to-date overview of historical and contemporary libertarian thought on its subject, and thus serves as an essential guide to current scholarship, and a starting place for discovering future lines of research. The book also contains a section on criticisms of libertarianism, written by leading scholars from the feminist, republican, socialist, and conservative perspectives, as well as a section on how libertarian political theory relates to various schools of economic thought, such as the Chicago, Austrian, Bloomington, and Public Choice schools. This book is an essential and comprehensive guide for anyone interested in libertarianism, whether sympathizer or critic.