Smith discusses the theory of value that provided the foundation for the argument that rational economic calculation is impossible in a socialistic economy.
George H. Smith
George H. Smith was formerly Senior Research Fellow for the Institute for Humane Studies, a lecturer on American History for Cato Summer Seminars, and Executive Editor of Knowledge Products. Smith's fourth and most recent book, The System of Liberty, was published by Cambridge University Press in 2013.
Smith explains why Mises predicted that “planned chaos” would emerge in a socialist economy and how F.A. Hayek elaborated on that insight.
George H. Smith examines the claim that the non-aggression principle should be viewed as a defeasible presumption.
Smith examines the argument that minor acts of aggression are morally permissible if they result in good consequences that offset an unjust act.
George H. Smith criticizes Zwolinski’s discussions of risk, fraud, and the relationship between aggression and property rights.
George H. Smith presents the rudiments of a theory of children’s rights.
George H. Smith discusses various formulations of the non-aggression principle and concludes with some remarks about the problem of pollution.
Smith begins his discussion of one of the most libertarian works on history ever written.
George H. Smith discusses the meaning of “natural rights” and some historical aspects of this theory.
After discussing some implications of early works on international law for libertarian theory, Smith concludes with a defense of Ayn Rand’s theory of rights.
George H. Smith discusses Buckle’s stress on the importance of ideas in the progress of civilization.
Smith explores Buckle’s claim that the “protective spirit” of governments has hindered the progress of civilization.
Smith discusses Buckle’s claim that Adam Smith was one of the most brilliant and influential thinkers in the history of the modern world.
Smith discusses Henry George’s allegation that Spencer’s later views on land ownership were intellectually dishonest.