I’ve got a new paper out at Economics & Philosophy, titled “The Just Price: A Market-Process Account” (open access). Here’s the main idea. 701 more words
A New Theory of the Just Price
A New Theory of the Just Price
09 Nov 2026 Leave a comment
in applied price theory, Austrian economics, economics of regulation, entrepreneurship, libertarianism, market efficiency, Rawls and Nozick
The Morally Bankrupt Death Cult of Che Guevara, Part II
01 Nov 2026 Leave a comment
in development economics, growth disasters, liberalism, libertarianism, Marxist economics Tags: Cuba
As part of my 2017 series on the tragic history of communism, I wrote a column about the bizarre affection on the left for Che Guevara. Why is it bizarre? Well, watch this video. I hardly need to add anything. Che Guevara was a reprehensible human being. So the rest of this column will recycle […]
The Morally Bankrupt Death Cult of Che Guevara, Part II
A Libertarian Perspective on the 2026 Election
01 Nov 2026 1 Comment
in libertarianism, politics - USA
Why we should vote “Democrat by Default” for federal offices – with a few rare exceptions. I build on a post by political philosopher Dan Shapiro.
A Libertarian Perspective on the 2026 Election
More Libertarians: Murray Rothbard and Competitive Racism
29 Oct 2026 Leave a comment
in discrimination, libertarianism, Murray Rothbard Tags: racial discrimination
Murray N. Rothbard (1926-1995), has been called “the most gifted libertarian writer of his generation” (p. 251). Rothbard prided himself as, in Nancy MacLean’s words, libertarianism’s “most scathing guardian of libertarian orthodoxy” (p. 147). He was an “anarcho-capitalist” who believed that all governmental functions should be privatized, including national defense and police forces.
More Libertarians: Murray Rothbard and Competitive Racism
Holocaust Denial and Reason Magazine: 1976
27 Oct 2026 Leave a comment
in libertarianism Tags: The Holocaust
In 1976 Reason Magazine published a piece by Austin App an antisemitic Holocaust denier.
Holocaust Denial and Reason Magazine: 1976
Capitalism or Free Enterprise?
29 Sep 2026 Leave a comment
in applied price theory, Austrian economics, development economics, economic history, growth disasters, growth miracles, liberalism, libertarianism, Marxist economics Tags: The Great Enrichment
I’ve addressed this issue in 2016 and 2021, so let’s continue this once-every-five-years tradition and ask whether supporters of economic liberty should stop advocating for “capitalism.” Instead, they should say they believe in “free enterprise” or the “free market.” I’ve used all of these terms, but polling data suggests that I’m making a mistake when […]
Capitalism or Free Enterprise?
The Milei Miracle, Part V
02 Sep 2026 Leave a comment
in development economics, economic growth, growth disasters, growth miracles, liberalism, libertarianism, macroeconomics Tags: Argentina
The world’s worst-performing economy for 100 years has – in a remarkably short period of time – become an amazing case study of economic liberalization. Thanks to President Javier Milei, Argentina is now enjoying an economic miracle. In Part V of this series (previous versions here, here, here, and here), we’re going to illustrate Milei’s […]
The Milei Miracle, Part V
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