I have three goals. First, I want to clarify the nature and function of private property. Second, I want to clarify the distinction between “common” goods and property and “public” goods and property, and explain the construction error inherent in the institution of public goods and property. Third, I want to explain the rationale and principle of
I was born shortly after the end of World War II, in 1949, in the British occupied zone of West Germany. My parents were both refugees, endangered at or forcibly expelled from their original homes in Soviet-occupied East Germany. As countless others of my generation, then, I was raised by a generation of parents and teachers who had just
Libertarianism is logically consistent with almost any attitude toward culture, society, religion, or moral principle. In strict logic, libertarian political doctrine can be severed from all other considerations; logically one can be—and indeed most libertarians in fact are: hedonists, libertines, immoralists, militant enemies of religion in
On March 2, 1966, Murray N. Rothbard, the founder and twenty-year editor of the Journal of Libertarian Studies , would have celebrated his seventieth birthday. This issue of the JLS , as well as a simultaneously appearing special issue of its sister publication, the Review of Austrian Economics , likewise founded and edited by Rothbard, is a
States, regardless of their constitution, are not economic enterprises. In contrast to the latter, states do not finance themselves by selling products and services to customers who voluntarily pay, but by compulsory levies: taxes collected through the threat and use of violence (and through the paper money they literally create out of thin
[Editor’s note: Earlier this month Dr. Hans-Hermann Hoppe appeared on SERVUS TV for a discussion “On State, War, Europe, Decentralization and Neutrality.” An English translation of the transcript was prepared by Leonhard Paul, a law student from Germany.] Interviewer: I would like to welcome our second guest in the studio. It is the philosopher
Economic theory is essential for understanding history. It is difficult to interpret data without economic theory. Theory cannot come from data. All states are aggressive. All wars require economic resources. More liberal states will pursue more aggressive policies. The biggest bullies will get away with murder. Socialism created impoverishment
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.