November 2022 ISSUE

The Beef with Greed: Leo Tolstoy and Adam Smith

By Chris Schwing

Free market economics and libertarianism are often linked, rightly wrongly, with egoism, selfishness, and greed. In Leviathan (1651), perhaps the first great modern political text, Thomas Hobbes writes that "No man gives but with the intention of good to himself, because gi...

The State Is Us (Perhaps), But Beware of It!

By Pierre Lemieux

A Liberty Classic Book Review of The Calculus of Consent: Logical Foundations of Constitutional Democracy, by James M. Buchanan and Gordon Tullock.1 First published sixty years ago this year, James Buchanan and Gordon Tullock's The Calculus of Consent: Logical Foundat...

Jonathan Rauch and the Knowledge Problem

By Arnold Kling

In this book I have supplemented "liberal science" with the term "reality-based community," by which I mean the social network which adheres to liberal science's rules and norms.... The community's interactions are structured and elaborate and amount to much more than ju...

The War That Never Ends

By Chris Schwing

A Book Review of Manufacturing Militarism: U.S. Government Propaganda in the War on Terror, by Christopher J. Coyne and Abigail R. Hall.1 It's been over 20 years since the 9/11 attacks. Ever since those horrible attacks, the United States government has been waging a ...

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Ibsen Martinez

Crime, Violence, and Development

Reflections from Latin America Jul 6 2009


The Informal Continent

Reflections from Latin America Jun 1 2009


A Painful Paradox

Reflections from Latin America May 4 2009


Latin America and the Great Depression

Reflections from Latin America Apr 6 2009


The Pyramids of Putumayo

Reflections from Latin America Jan 5 2009


Grey Anatomy

Reflections from Latin America Nov 3 2008


Some Latin American Views On the Financial Crisis

Reflections from Latin America Oct 6 2008


Indigenism and Economics

Reflections from Latin America Sep 1 2008


Guano

Reflections from Latin America Aug 4 2008


FARC Politics, FARConomics

Reflections from Latin America Jul 7 2008


Greed, Grievance, and Rainforest

Reflections from Latin America Jun 2 2008


That Haunting Chilean Model

Reflections from Latin America May 5 2008


The Pessimistic Neighbor

Reflections from Latin America Apr 7 2008


On Price Controls and Populist "DoubleThink"

Reflections from Latin America Mar 3 2008


Panama: Does Geography Matter?

Reflections from Europe Feb 4 2008


Falling Behind

Reflections from Latin America Jan 7 2008


Why Costaguana Matters

Reflections from Latin America Dec 3 2007


Aid and the Missionary's Position

Reflections from Latin America Nov 5 2007


On Beggars South of the Border

Reflections from Latin America Sep 3 2007


Latin America and the Ideology of Development

Reflections from Latin America Aug 6 2007


Nationalizations: Part II. The Never Ending Experiment

Reflections from Latin America Jul 2 2007


Nationalizations: Part I. A Latin American Story

Reflections from Latin America Jun 4 2007


Can "New" Currency Abate Venezuelan Inflation?

Reflections from Latin America May 7 2007


State of Pretense, Imitation Subjects

Reflections from Latin America Apr 2 2007


On Good Savages and Good Revolutionists

Reflections from Latin America Mar 5 2007


Brave New Word?

Reflections from Latin America Feb 5 2007


A Russian Word for a Latin American Disease

Reflections from Latin America Jan 8 2007


Milton Friedman and Latin America

Reflections from Latin America Dec 4 2006


On Guano and Dependency Theory

Reflections from Latin America Nov 6 2006


Economic Imagery: Open Veins of Latin America

Reflections from Latin America Oct 2 2006


Bolívar: 200 Years Of Failure?

Reflections from Latin America Sep 4 2006


OPEC: A Texan Idea Twice Thought In Venezuela

Reflections from Latin America Aug 7 2006


Prison Riots and Rule of Law Orthodoxy

Reflections from Latin America Jul 3 2006


Of Tin Mines, Coca Leaves and Eternal Recurrence

Reflections from Latin America Jun 5 2006


Unproductive Progress

Reflections from Latin America Apr 3 2006


Remittances and the Latin American Dream

Reflections from Latin America Apr 3 2006


Barter and "Magic Realism"

Reflections from Latin America Mar 6 2006


The Truth Will Not Be Televised

Reflections from Latin America Feb 6 2006


Latin Baseball: A Frontier Story

Reflections from Latin America Jan 9 2006


Licit Globalization

Reflections from Latin America Dec 5 2005


Global Soap: Poverty Bears a Woman's Face

Reflections from Latin America Nov 7 2005


Tepito's Way

Reflections from Latin America Oct 3 2005


The Curse of the Petro-State: The Example of Venezuela

Reflections from Latin America Sep 5 2005


Fred S. McChesney

Government Pensions: Such a Deal

Featured Article Feb 1 2010


Armen Alchian: An Economist-Lion in Winter

Featured Article Nov 2 2009





Good Timing: A Mutual-Fund "Scandal"?

Featured Article Jan 5 2004


Smoke and Errors

Featured Article Jun 24 2002


Enron's True Lesson: Political Opportunism

Featured Article Mar 11 2002


Historic Self-Preservation

Featured Article Jan 7 2002


Snow Jobs

Featured Article Oct 15 2001

Robert P. Murphy



Does a Worker Help the Rest of Society?

Featured Article Jan 1 2018


The Private Production of Roads

Featured Article Jul 3 2017


Opting Out of Social Security

Featured Article Mar 6 2017


Pitfalls in GDP Accounting

Featured Article Nov 7 2016


Monetary Calculation as a Scorecard

Featured Article Jul 4 2016



Government Debt and Future Generations

Featured Article Jun 1 2015


Accounting for Capital and Income

Featured Article Jul 7 2014


The Importance of Capital in Economic Theory

Featured Article May 5 2014


Economists Debate the Minimum Wage

Featured Article Feb 3 2014



The Economics of Bitcoin

Featured Article Jun 3 2013



Carbon Taxes and the "Tax Interaction Effect"

Featured Article Oct 1 2012


Modeling Money

Featured Article Jun 4 2012


Lessons From Solyndra

Featured Article Feb 6 2012


Privatizing Federal Government Assets

Featured Article Jul 4 2011


Ensuring—and Insuring—Air Security

Featured Article Feb 7 2011


The Stock Market

Featured Article Oct 4 2010


The Economics of Discrimination

Featured Article Aug 2 2010


The Costs of Government

Featured Article Apr 5 2010



The Economics of Climate Change

Featured Article Jul 6 2009


Nothing Paradoxical About Thrift

Featured Article Mar 2 2009


A Man, A Plan, And a Short-Selling Ban

Featured Article Oct 6 2008


Oil Speculators: Bad or Good

Featured Article Aug 4 2008


Oil Prices

Featured Article Apr 7 2008