English monarchs used revenues from corporate charters to work around parliamentary control of the power to tax. What the monarch giveth, the monarch may taketh away- - Such was the way of the world ...

The socialist calculation debate revolves around the question of whether central planners can, at least in principle, make the economic calculations necessary to achieve the rational, efficient ...

Why such a contradiction? Because he is frequently used as a boogeyman to be trotted out against “do- nothing- ism” when a crisis emerges. Depicted as a passive actor with regard to both the onset of ...

The Sanskrit Arthashastra, a manual for establishing a prosperous state written in ancient India by Kautilya, articulates many principles that would later become the foundations of modern economics.

Despite starting out as a communist, Rose Wilder Lane became a staunch advocate of individualism.

In this episode we cover Marcus Tullius Cicero, the famed statesman, lawyer, orator, and above all a lover of liberty. Today Cicero is often read only by classical scholars and reluctant students, ...

The right of revolution, according to classical liberal thinkers, is derived from the natural right of self- preservation. Because the purpose of government is to protect individuals against assaults ...

The term pursuit of happiness, which occurs in the second sentence of the Declaration of Independence, has attracted the attention of countless scholars over the past two centuries. The phrase differs ...

The libertarian principle on which the legitimacy of labor unions depends is freedom of association. Any person has a natural right to associate with any other person or group for any purpose that ...

Thomas Paine was one of the first people to argue in favor of what we now refer to as universal basic income.

The emergence of freedom of speech as an essential value of Western civilization is inseparable from the emergence of individual religious liberty in the 17th and 18th centuries. For generations ...

A libertarian world won’t eliminate all poverty, but it offers powerful tools for greatly reducing it, and improving the lives of the poorest and least privileged.