Our series ends where Menger finishes his foundations—from his theory of exchange, he goes on to discuss market prices and money.

Menger makes one more stab at reforming Classical economics: Land, labor, and capital values are established just the same as any good.

Continuing the theme of causal realism and economics as a process which always occurs through history, Menger explains the purpose of capital.

Menger takes a moment to address some of the implications resulting from subjective, marginal utility.

Finally, we arrive at the revolutionary moment when Carl Menger changed economics forever.

Menger proceeds with his unintended revolution of classical economics, working readers through the implications of subjective value.

Rather than ride the wave of romantic, nationalistic Young Americanism, Rogers wanted to build a culture of abolitionism.

In our editor’s second contribution, a Muslim traveler remarks on the perversity of slaveholding and imperial republicanism.

So far, Menger has gently revised Classical Economics. Once subjective and marginal utility enter the equation, though: a revolution is underway.

In a poetry-centric set of “Chimes,” our contributors implore their fellows: wake up already to the horrors of life under slavery.

Before Harriet Beecher Stowe and Uncle Tom’s Cabin, there was the early libertarian Frances Whipple and her story of “The Slave Wife”. 

In the Americas, two centuries after Locke, his system found its most devoted allies and it’s most deadly opponents.

Locke explores the nature of sovereignty as part of his attack on Filmer.

Locke’s real purpose in overturning Filmer is erecting an unassailable new political order not subject to rebellions and revolution from below.