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June 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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Morgan Rose

Elasticity and Its Expansion

Teacher's Corner Jan 6 2003


Shedding Light on Market Power

Teacher's Corner Dec 2 2002



In Defense of Malthus

Teacher's Corner Sep 16 2002


The Econlib Summer Reading List

Featured Article Jun 3 2002


Information, Prices, and Socialism's Flaws

Teacher's Corner May 13 2002


Implications of Costly Information

Teacher's Corner Apr 22 2002


Free Labor, Constrained State

Teacher's Corner Apr 2 2002


An Education in Market Failure

Teacher's Corner Mar 11 2002



Economists' Views on the Costs of War. Part I.

Teacher's Corner Jan 28 2002


Paying for Farm Subsidies

Teacher's Corner Jan 7 2002


Patent Laws and the War on Good Drugs

Teacher's Corner Nov 26 2001



How to Reduce Unemployment, If We Want

Featured Article Oct 15 2001