All Posts Tagged With: "John Stuart Mill"
The Militarization of Compassion
This article first appeared at TheFreemanOnline.org. John Stuart Mill wrote in his Principles of Political Economy that “what has so often excited wonder” in observers is “the great rapidity with which countries recover from a state of devastation; the disappearance, in a short time, of all traces of the mischiefs done by earthquakes, floods, hurricanes, [...]
22Jun2011 | Peter J. Boettke | 4 comments | ContinuedMy Favorite Libertarian Books*
I am one of the many millions of beneficiaries of Andrew Carnegie’s public libraries. The one in the small town in which I grew up (Rahway, New Jersey) fed my early interest in books, providing a range of reading matter that was available in no other way, since there were few books at home. That [...]
28Jun2010 | Milton Friedman | 4 comments | ContinuedKeynes’s Ghost
The multiplier argument is founded on two key assumptions that turn out to be false. First is the notion that savings are not spent but rather are withdrawn from the expenditure stream. The multiplier’s second incorrect premise is that government expenditures are “autonomous”; that is, government spending does not depend on current income.
9Jun2009 | James C. W. Ahiakpor | 5 comments | ContinuedMill Gets it Right
I came across this wonderful John Stuart Mill quote by in a comment by Ray Mangum at Roderick Long’s great blog, The Austro-Athenian Empire: The spirit of improvement is not always a spirit of liberty, for it may aim at forcing improvements on an unwilling people; and the spirit of liberty, in so far as [...]
9Feb2009 | Sheldon Richman | 0 comments | ContinuedThe Real Argument about Government
A lot of contemporary political debate centers on how big government should be. The debate tends to have two main features. First, it uses measures such as government spending as a proportion of GDP or the share of total income taken in taxation. Figures such as these show a dramatic rise in the size of [...]
1Dec2007 | Stephen Davies | 2 comments | ContinuedAs Frank Chodorov Sees It
John Stuart Mill, says Professor Russell Kirk in a recent article in the conservative National Review, is “dated.” He was referring to the famous treatise On Liberty. The occasion for this dictum is the revival of interest in the treatise, by way of a couple of re-publications and the consequent appearance of critical articles. When [...]
1Apr2006 | Frank Chodorov | 1 comment | ContinuedProsperity Through Inequality
Economics may be seen as the rendering of the counterintuitive obvious. At least that’s what good economists do. I came across a good example recently while reading F. A. Hayek’s lecture “The Origins and Effects of Our Morals: A Problem for Science,” which is reprinted in his book New Studies in Philosophy, Politics, Economics, and [...]
1Aug2001 | Sheldon Richman | 0 comments | ContinuedIsrael Kirzner on Supply and Demand
Israel Kirzner misrepresents mainstream economics by his assertion that in explaining market price determination by supply and demand curves, it always assumes “perfect competition,” worse yet, perfect knowledge.[1] “The mainstream textbook approach . . . is, in one way or another, explicitly or implicitly, based on the assumption of perfect knowledge” and in which the [...]
1Jul2000 | James C. W. Ahiakpor | 0 comments | ContinuedOn Trial Again
Ms. Kapushion is a freshman at Hillsdale College, Hillsdale, Michigan, where she is majoring in economics with a particular emphasis on the Austrian school of thought. For the last three years, beginning at age fifteen, I have taught myself philosophy straight from the great works of Western thought, and have formally and informally studied economics. [...]
1Mar1997 | Meredith Kapushion | 1 comment | ContinuedClassical Libertarian Compromises on State Education
Dr. West is emeritus professor of economics at Carleton University in Ottawa, Canada, and author of Education and the State (Liberty Press). There seems to be a consensus that the typical intellectual today is more comfortable than most with the government supply of education. But what of the intellectuals who were also advocates of laissez [...]
1Oct1996 | Edwin G. West | 0 comments | ContinuedAs Frank Chodorov Sees It
John Stuart Mill, says Professor Russell Kirk in a recent article in the conservative National Review, is “dated.” He was referring to the famous treatise On Liberty. The occasion for this dictum is the revival of interest in the treatise, by way of a couple of re-publications and the consequent appearance of critical articles. When [...]
1Apr1956 | Frank Chodorov | 0 comments | ContinuedOn Liberty
Man’s right to think and act for himself is more in jeopardy today than in 1859, when Mill published the famed essay from which these paragraphs are selected.* * The Regnery paperbacked edition of Mill’s On Liberty is available through the Foundation. 148 pp. 85 cents. As the tendency of all the changes taking place [...]
1Apr1956 | John Stuart Mill | 1 comment | Continued-
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