Experimental economists study human incentive structures and behaviors as ways to explain the institutions and rules of economic activity.
Praxeology, as popularized by Ludwig von Mises, is an interdisciplinary approach to social questions that abstracts and thus universally explains human action.
Israel M. Kirzner is a noted economist of the Austrian School known most for his work on the role of entrepreneur in the market.
A prosperous and relatively free society, the Dutch Republic was a major world power between the 16th and 18th centuries.
Specialization and division of labor are central parts of the market economy that allow for development and increased efficiency of trade and production.
In free markets, voluntary interaction makes up the economy’s structure, allowing for little to no state regulation and thus mutually beneficial trade.
A prominent Enlightenment thinker, Denis Diderot’s writings on freedom of thought, religion, and speech bring him to the attention of libertarians today.
Voltaire was a philosopher and writer of the French Enlightenment. His works advocated for toleration and rationalism and were widely popular.
Globalization, the ongoing process of the exchange of people, goods, and ideas across borders, raises the wealth and quality of life for people globally.
Delegation from the legislature to executive bureaus and others grants these groups additional powers, often at the result of decreased accountability.
The Progressive Era of the early 20th century brought a new wave of socio-economic reform that fueled a much more interventionist government.
The New Deal was a series of government programs aimed at those hurt by the Great Depression, which majorly expanded the size and expense of government.
Rousseau is regarded as a great political philosopher and contractarian, though his ideas for society often rely on a basis of coercive liberty.
The Declaration of Independence famously spoke of right to “the pursuit of happiness,” a phrase that has been questioned as to its extent and meaning.
Supporters of decentralism argue that central concentration of power threatens liberty and prefer decision-making power to be diffused on a local level.
An activist and author involved in both the conservative and libertarian movements, Hess opposed taxation and promoted neighborhood self-sufficiency.
Federalism is the form of government that diffuses political authority. It is favored to protect against consolidation of power in a central authority.
Sociology began as a comparative study of societies that often found libertarian conclusions not egalitarianism.