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Psychiatry

by Jeffrey A. Schaler on Aug 15, 2008

Libertarians are skeptical of some approaches to psychiatry especially when it involves government or when patients are coerced into accepting treatment.

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Rights, Theories of

by Douglas Rasmussen on Aug 15, 2008

In this entry, Douglas Rasmussen offers justification for protecting individual rights from the perspectives of several schools of thought.

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Black Markets

by Paul Dragos Aligica on Aug 15, 2008

The black market refers to those markets involving extra-legal organizations and paths for the trade of goods and services.

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Drug Prohibition

by Gene Healy on Aug 15, 2008

Drug prohibition, or the criminalization and restriction of certain substances, has led to harmful effects to the economy and to human liberty and wellbeing.

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Illicit Drugs

by Bruce Benson on Aug 15, 2008

Prohibitive and restrictive legislation towards drug use is both ineffective and does more harm to individuals than good.

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Private Property

by Tom Bethell on Aug 15, 2008

Private property succeeds in supporting an ordered, free, and just society where other configurations of property fail.

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Prohibition of Alcohol

by Jackson Kuhl on Aug 15, 2008

The Prohibition of alcohol, from 1919-1933, though intended to reduce alcohol consumption, merely made alcohol consumption more dangerous.

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Marxism

by Jason Kuznicki on Aug 15, 2008

Marxism is the philosophy calling for the working class to overcome capitalism and institute a socialist society. Politically, it has only caused disaster.

encyclopedia

Böhm-Bawerk, Eugen von (1851-1914)

by Lawrence H. White on Aug 15, 2008

Eugen von Böhm-Bawerk and his signature work, Capital and Interest, contributed majorly to the Austrian School of economics and the concept of interest.

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Branden, Nathaniel (1930-2014)

by Chris Sciabarra on Aug 15, 2008

Often called the father of the self-esteem movement, Nathaniel Branden was a noted psychologist and author who favored personal freedom and choice.

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Individualism, Political and Ethical

by Timothy Sandefur on Aug 15, 2008

Instead of focusing on groups and society, individualism places the individual as the focus of ethical discussion and political agency.

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Market Failure

by Tyler Cowen on Aug 15, 2008

Many libertarians argue that though market failures exist, private solutions still work more effectively than government intervention.

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Tullock, Gordon

by Paul Dragos Aligica on Aug 15, 2008

Gordon Tullock contributed to the start of the public choice school of economics and countered status-quo arguments about the role of government in the market.

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Wicksell, Knut (1851-1926)

by Richard E. Wagner on Aug 15, 2008

Knut Wicksell was a Swedish economist whose insights on banking and investment influenced and anticipated the work of public choice economists.

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Buchanan, James M. (1919-2013)

by Peter T. Leeson on Aug 15, 2008

One of the leading economists of the last century, James M. Buchanan was one of the founders of the public choice theory of economics.

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Progress

by George H. Smith on Aug 15, 2008

Libertarians celebrate increasing individual liberties as the main fuel for human progress - material, moral, and intellectual.

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Buckle, Henry Thomas (1821-1862)

by George H. Smith on Aug 15, 2008

Henry Thomas Buckle was a great British historian of the 19th century who dedicated his life to completing a comprehensive history of English culture.

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Spontaneous Order

by Norman Barry on Aug 15, 2008

Spontaneous order theory suggests that society is the aggregate of individual action, and that institutions of society form without government planning.