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Social Contract, Free Ride - Anthony Jasay - Bog - Liberty Fund Inc - Plusbog.dk

Social Contract, Free Ride - Anthony Jasay - Bog - Liberty Fund Inc - Plusbog.dk

This book provides a novel account of the public goods dilemma. The author shows how the social contract, in its quest for fairness, actually helps to breed the parasitic ''free riding'' it is meant to suppress. He also shows how, in the absence of taxation, many public goods would be provided by spontaneous group co-operation. This would, however, imply some degree of free riding. Unwilling to tolerate such unfairness, co-operating groups would eventually drift from voluntary to compulsory solutions, heedless of the fact that this must bring back free riding with a vengeance. The author argues that the perverse incentives created by the attempt to render public provision assured and fair are a principal cause of the poor functioning of organised society.

DKK 142.00
1

Free Sea - - Bog - Liberty Fund Inc - Plusbog.dk

Free Sea - - Bog - Liberty Fund Inc - Plusbog.dk

The freedom of the seas -- meaning both the oceans of the world and coastal waters -- has been among the most contentious issues in international law for the past four hundred years. The most influential argument in favour of freedom of navigation, trade, and fishing was that put forth by the Dutch theorist Hugo Grotius in his 1609 Mare Liberum''. The Free Sea'' was originally published in order to buttress Dutch claims of access to the lucrative markets of the East Indies. It had been composed as the twelfth chapter of a larger work, De Jure Praedae'' (On the Law of Prize and Booty''), which Grotius had written to defend the Dutch East India Company''s capture in 1603 of a rich Portuguese merchant ship in the Straits of Singapore. This new edition publishes the only translation of Grotius''s masterpiece undertaken in his own lifetime -- a work left in manuscript by the English historian and promoter of overseas exploration Richard Hakluyt (1552-1616). This volume also contains William Welwod''s critque of Grotius (reprinted for the first time since the seventeenth century) and Grotius''s reply to Welwod. Taken together, these documents provide an indispensable introduction to modern ideas of sovereignty and property as they emerged from the early-modern tradition of natural law.

DKK 142.00
1

Excellencie of a Free State - Marchamont Nedham - Bog - Liberty Fund Inc - Plusbog.dk

Excellencie of a Free State - Marchamont Nedham - Bog - Liberty Fund Inc - Plusbog.dk

First published in 1656, and compiled from previously written editorials in the parliamentarian news book Mercurius Politicus, "The Excellencie of a Free State" addressed a dilemma in English politics, namely, what kind of government should the Commonwealth adopt? One possibility was to revert to the ancient constitution and create a Cromwellian monarchy. The alternative was the creation of parliamentary sovereignty, in which there would be a "due and orderly succession of supreme authority in the hands of the people''s representatives". Nedham was convinced that only the latter would "best secure the liberties and freedoms of the people from the encroachments and usurpations of tyranny."

DKK 217.00
1

Essays by "The Free Republican," 1784-1786 - Benjamin Lincoln - Bog - Liberty Fund Inc - Plusbog.dk

Essays by "The Free Republican," 1784-1786 - Benjamin Lincoln - Bog - Liberty Fund Inc - Plusbog.dk

This is the first modern edition of ten essays published in 17841786 in the popular Boston newspaper The Independent chronicle, a newspaper whose publication was a significant intellectual event in Massachusetts politics. The essays deal with the problem of mixed government in a republic. Lincoln writes, Two distinct and different orders of men seems incident to every society, two contending interests, fed by a spirit of jealousy and distrust, would always be in dispute with one another. Whether the parties to the contents style themselves the Rich and the Poor, the Great and the Small, the High and the Low, the Elders and People, Patricians and Plebeians, Nobility and Commons, still, the Free Republican writes, the source and effects of the dispute are the same. Lincolns essays anticipate John Adams Defence of the American Constitution (1787) on every major point. The editors believe that Lincolns essays grew out of a conversation that Massachusetts people were having about the problem of a bicameral legislature in a republic. The publication of these essays may provoke an entirely new appraisal of the political thinking of the founding era.

DKK 126.00
1

Collected Works of John Stuart Mill, Volumes 4 & 5 - John Stuart Mill - Bog - Liberty Fund Inc - Plusbog.dk

Collected Works of John Stuart Mill, Volumes 4 & 5 - John Stuart Mill - Bog - Liberty Fund Inc - Plusbog.dk

Volumes 4 and 5 bring together a rich collection of Mill''s writing on politics and the economy over the course of his intellectual career. Volume 4 includes, most significantly, ''Essays on Some Unsettled Questions of Political Economy''. Here, Mill grapples with issues related to foreign trade and the balancing of government''s goal of promoting free trade with its interest in raising revenues from import duties and tariffs. Also included in these volumes are such early essays as ''The Silk Trade'' and ''The Nature, Origin, and Progress of Rent'' and such later works as Mill''s petition on free trade and ''Chapters on Socialism'' (posthumously published).

DKK 250.00
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Rationale of Central Banking - Vera Smith - Bog - Liberty Fund Inc - Plusbog.dk

Rationale of Central Banking - Vera Smith - Bog - Liberty Fund Inc - Plusbog.dk

THE RATIONALE OF CENTRAL BANKING was first published in England in 1936. Vera Smith spent her professional career in a variety of research positions. She wrote articles and books on money, banking, economic development, and the labor market and translated into English books by Wilhelm Röpke, Oskar Morgenstern, and Fritz Machlup. This book provides a scholarly review and judicious assessments of the experience and theory that bear on the issues of free banking and central banking. Its wide-ranging discussion identifies both the fallacies in the arguments for central banks and the influential fallacies in the arguments against free banking. Vera Smith''s work should play a prominent role in any reappraisal of our monetary institutions.

DKK 126.00
1

Political Writings - Samuel Johnson - Bog - Liberty Fund Inc - Plusbog.dk

Political Writings - Samuel Johnson - Bog - Liberty Fund Inc - Plusbog.dk

The eighteenth century produced a remarkable array of thinkers whose influence in the development of free societies and free institutions is incalculable. Among these thinkers were Mandeville, Hutcheson, Smith, Hume, and Burke. And their time is known as the Age of Johnson. Samuel Johnson: Political Writings contains twenty-four of Johnson''s essays on the great social, economic, and political issues of his time. These include ''Taxation No Tyranny'' -- in which Johnson defended the British Crown against the American revolutionaries -- and ''An Introduction to the Political State of Great Britain'', ''Thoughts on the Coronation of King George III'', and ''The Patriot'', which is one of Johnson''s principal writings during the American Revolution.

DKK 142.00
1

Economic Sophisms & "What is Seen & What is Not Seen - Frederic Bastiat - Bog - Liberty Fund Inc - Plusbog.dk

Economic Sophisms & "What is Seen & What is Not Seen - Frederic Bastiat - Bog - Liberty Fund Inc - Plusbog.dk

This volume, the third in our Collected Works of Frederic Bastiat, includes two of Bastiats best-known works, Economic Sophisms and the pamphlet What is Seen & What is Not Seen. Both Economic Sophisms and What Is Seen and What Is Not Seen share similar stylistic features and were written with much the same purpose in mind, namely, to disabuse people of misperceptions they might have had about the benefits of free trade and free markets. Economic Sophisms and the other writings in this volume show Bastiat at his creative journalistic best: his skill at mixing serious and amusing ways of making his arguments is unsurpassed; the quality of his insights into profound economic issues is often exceptional and sometimes well ahead of his time; his ability to combine his political lobbying for the Free Trade Movement, his journalism, his political activities during the 1848 Revolution, and his scholarly activities is most unusual; and the humour, wit and literary knowledge that he scatters throughout his writings demonstrate that he deserves his reputation as a most gifted writer on economic matters, one who still deserves our attention today.

DKK 141.00
1

Fluttering Veil - Leland B. Yeager - Bog - Liberty Fund Inc - Plusbog.dk

Fluttering Veil - Leland B. Yeager - Bog - Liberty Fund Inc - Plusbog.dk

Money''s unique and essential role in a free market and monetary disequilibrium as the root cause of the business cycle are principles central to the work of economist Leland Yeager. For three decades he has extolled the pre-eminent importance of money as a source of economic fluctuations whose influence goes well beyond mere changes in interest rates or the price level. Yeager''s work discloses the disruptive consequences of ''monetary disequilibrium'', or an imbalance of money supply and money demand. Consequently, he argues that well-designed monetary arrangements and policies are important to the success of any free-market economic system. Similarly, he insists that defects in the existing monetary arrangements in ''capitalist'' countries are manifestly not inherent in capitalism but are ''alterable consequences'' of the misguided or even mischievous interventions of government. The eighteen essays address four general topics: Monetary Disequilibrium and Its Consequences; Monetary Misconceptions; Keynesianism and Other Diversions; and Avoiding Monetary Disequilibrium. In his introduction, Professor George Selgin explains why "our understanding of the monetary foundations of a free society owes a great deal to the writings of Leland Yeager."

DKK 142.00
1

Fluttering Veil - Leland B. Yeager - Bog - Liberty Fund Inc - Plusbog.dk

Fluttering Veil - Leland B. Yeager - Bog - Liberty Fund Inc - Plusbog.dk

Money''s unique and essential role in a free market and monetary disequilibrium as the root cause of the business cycle are principles central to the work of economist Leland Yeager. For three decades he has extolled the pre-eminent importance of money as a source of economic fluctuations whose influence goes well beyond mere changes in interest rates or the price level. Yeager''s work discloses the disruptive consequences of ''monetary disequilibrium'', or an imbalance of money supply and money demand. Consequently, he argues that well-designed monetary arrangements and policies are important to the success of any free-market economic system. Similarly, he insists that defects in the existing monetary arrangements in ''capitalist'' countries are manifestly not inherent in capitalism but are ''alterable consequences'' of the misguided or even mischievous interventions of government. The eighteen essays address four general topics: Monetary Disequilibrium and Its Consequences; Monetary Misconceptions; Keynesianism and Other Diversions; and Avoiding Monetary Disequilibrium. In his introduction, Professor George Selgin explains why "our understanding of the monetary foundations of a free society owes a great deal to the writings of Leland Yeager."

DKK 217.00
1

Morals of Markets & Related Essays - H B Acton - Bog - Liberty Fund Inc - Plusbog.dk

Morals of Markets & Related Essays - H B Acton - Bog - Liberty Fund Inc - Plusbog.dk

Although the market economy is not as unpopular now as when Acton wrote THE MORALS OF MARKETS, the morality of buying and selling has long bothered man''s conscience. Defenses of capitalism often establish its efficiency or rely on a "that is the way human nature is anyway" argument. This book asserts that a free market is a necessary condition for the pursuit of moral excellence. Its analysis of the relation between capitalism and moral virtue has not been superseded. The demise of Marxism and the moral bankruptcy of socialism throughout the world do not end the debate over capitalism. Acton''s book is distinctive in discussing the ''morals of markets'' in a way that forms an essential addition -- often missing -- to the case to be made for free markets.

DKK 142.00
1

Morals of Markets & Related Essays - H B Acton - Bog - Liberty Fund Inc - Plusbog.dk

Morals of Markets & Related Essays - H B Acton - Bog - Liberty Fund Inc - Plusbog.dk

Although the market economy is not as unpopular now as when Acton wrote THE MORALS OF MARKETS, the morality of buying and selling has long bothered man''s conscience. Defenses of capitalism often establish its efficiency or rely on a "that is the way human nature is anyway" argument. This book asserts that a free market is a necessary condition for the pursuit of moral excellence. Its analysis of the relation between capitalism and moral virtue has not been superseded. The demise of Marxism and the moral bankruptcy of socialism throughout the world do not end the debate over capitalism. Acton''s book is distinctive in discussing the ''morals of markets'' in a way that forms an essential addition -- often missing -- to the case to be made for free markets.

DKK 217.00
1

Liberalism - Ludwig Von Mises - Bog - Liberty Fund Inc - Plusbog.dk

Liberalism - Ludwig Von Mises - Bog - Liberty Fund Inc - Plusbog.dk

Presents the theoretical and practical arguments for liberalism. The term comes from the Latin word ''liber'' (free). Mises defines liberalism as ''the liberal doctrine of the harmony of the rightly understood interests of all members of a free society founded on the principle of private ownership of the means of production''. The foundation of liberalism, Mises says, rests on an understanding and appreciation of the institution of private property, social cooperation, the freedom idea, ethics and morality, democracy and the legitimate role of government. Liberalism is not a political party. The liberal program offers no special privileges to anyone; it aims at securing equality under law for everyone, so as to allow equal opportunity to all human beings to make their own choices and decisions. The role of government should be limited to protecting the lives, property, and freedom of its citizens to pursue their own ends and goals.

DKK 178.00
1

Political Economy, Concisely - Anthony Jasay - Bog - Liberty Fund Inc - Plusbog.dk

Political Economy, Concisely - Anthony Jasay - Bog - Liberty Fund Inc - Plusbog.dk

Anthony de Jasay is arguably one of the most independent thinkers and influential libertarian political philosophers of our time. Jasay challenges the reigning paradigms justifying modern democratic government, critiquing what he regards as the well-intentioned but illinformed arguments favoring the modern expansion of state power. The articles collected in "Political Economy, Concisely" are exactly what the title promises: a collection of concise essays that examine the political economy of a free society. Written for the general reader and specialist alike, these essays articulate a convincing classical liberal view of the world, with a no-nonsense approach to modern economic theory. Many of the articles are collected here for the first time in book form. Jasay''s aim here is to clarify basic concepts in the realm of political and economic philosophy, such as property, equality and distributive justice, public goods, unemployment, opportunity costs, and welfare. His trenchant comments on European economics and political systems provide specifics that support his more general observations of the modern world. Arranged topically, these essays reflect the wit and intellectual elegance of their author, challenging conventional wisdom in a subtle yet incisive manner. Russian and French tragicomedies are used as striking illustrations of the fact that the human mind seems to be characteristically unwilling to endorse economic common sense against the myth of the beneficial effects of government control. Such lively topics as "How to Get a Free Lunch: Just Apply for It"; "Your Dog Owns Your House"; "Russia Hobbling Along on Clay Feet"; "Who Minds the Gap?" and "Free Riding on the Euro" both entertain and instruct. The topical arrangement within the sequence of the seven parts of the text provides a meaningful context for the reader and allows information to be accessed in a comprehensible manner. This book gives a jargon-free economic account of important matters in our daily lives. Its emphasis on the political rather than the ordinary business of life fills the need for revitalising classical political economy, concisely.

DKK 217.00
1

Inquiry into the Nature & Causes of the Wealth of Nations, Volume 1 - Adam Smith - Bog - Liberty Fund Inc - Plusbog.dk

Inquiry into the Nature & Causes of the Wealth of Nations, Volume 1 - Adam Smith - Bog - Liberty Fund Inc - Plusbog.dk

First published in 1776, the year in which the American Revolution officially began, Smith''s Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that affect economic behavior. Throughout he offers seminal arguments for free trade, free markets, and limited government. Criticizing mercantilists who sought to use the state to increase their nations'' supply of precious metals, Smith points out that a nation''s welath should be measured by the well-being of its people. Prosperity in turn requires voluntary exchange of goods in a peaceful, well-ordered market. How to establish and maintain such markets? For Smith the answer lay in man''s social instincts, which government may encourage by upholding social standards of decency, honesty, and virtue, but which government undermines when it unduly interferes with the intrinsically private functions of production and exchange.

DKK 118.00
1

Roots of Capitalism - John Chamberlin - Bog - Liberty Fund Inc - Plusbog.dk

Roots of Capitalism - John Chamberlin - Bog - Liberty Fund Inc - Plusbog.dk

Capitalism is a system that can stand on its own attainments, says John Chamberlain, and he offers here a fast-paced, provocative look at the intellectual forces and practical accomplishments that have created American capitalism. In clear, unequivocal language he discusses the ideas responsible for our economic institutions, the originators of these ideas, and the times in which they first became important. The political theories of the men who hammered out the Magna Carta and the Declaration of Independence, the thinking of John Locke, James Madison, and Adam Smith, the deeds and discoveries of the James Watts, Eli Whitneys, and Henry Fords -- all these diverse elements are shown to be part of the tradition of a free society in which American capitalism has grown and flourished. A unique blend of political and economic theory and the practical accomplishments of businessmen and innovators, THE ROOTS OF CAPITALISM provides valuable insights into the ideas underlying the free economy.

DKK 126.00
1

Observations Upon Liberal Education - George Turnbull - Bog - Liberty Fund Inc - Plusbog.dk

Observations Upon Liberal Education - George Turnbull - Bog - Liberty Fund Inc - Plusbog.dk

Observations upon Liberal Education, the first modern edition, arose from a longing for a liberty of mind and tried to lay the groundwork for a society of free, virtuous, and educated citizens. The work''s influence was by no means confined to Scotland. Benjamin Franklin drew generously from the work of Turnbull. The Liberty Fund edition of Observations upon Liberal Education is the first modern edition of this work ever published.

DKK 142.00
1

Observations Upon Liberal Education - - Bog - Liberty Fund Inc - Plusbog.dk

Observations Upon Liberal Education - - Bog - Liberty Fund Inc - Plusbog.dk

Observations upon Liberal Education, the first modern edition, arose from a longing for a liberty of mind and tried to lay the groundwork for a society of free, virtuous, and educated citizens. The work''s influence was by no means confined to Scotland. Benjamin Franklin drew generously from the work of Turnbull. The Liberty Fund edition of Observations upon Liberal Education is the first modern edition of this work ever published.

DKK 217.00
1

Are Economists Basically Immoral? - Paul L. Heyne - Bog - Liberty Fund Inc - Plusbog.dk

Are Economists Basically Immoral? - Paul L. Heyne - Bog - Liberty Fund Inc - Plusbog.dk

A well-trained theologian, a gifted and dedicated teacher of economics for over forty years, and the author of a highly regarded and widely used textbook, "The Economic Way of Thinking", Paul Heyne influenced generations of students of economics. Many of the essays in this volume are published here for the first time. The editors, Geoffrey Brennan and A M C Waterman, have divided Heyne''s essays thematically to cover three general areas: the ethical foundations of free markets, the connection between those ethical foundations and Christian thought, and the teaching of economics -- both method and substance. Heyne''s writings are unique in that he takes the critics of the free market order seriously and addresses their arguments directly, showing how they are defective in their understanding of economics and in their ethical and theological underpinnings. The engaging style of Heyne''s essays makes them accessible to students as well as to scholars. Even in discussions of topics well beyond the fundamental level, Heyne still succeeds in providing students with an appreciation of basic economic principles.

DKK 167.00
1

Political Philosophy, Clearly - Anthony Jasay - Bog - Liberty Fund Inc - Plusbog.dk

Political Philosophy, Clearly - Anthony Jasay - Bog - Liberty Fund Inc - Plusbog.dk

Anthony de Jasay, one of the most independent thinkers and influential libertarian political philosophers of our time, challenges the reigning paradigms justifying modern democratic government. The articles collected in this book delve deeply into the realm of political thought and philosophical criticism. A reader who is interested in a philosophical, yet clear, jargon-free account of such fundamental topics as the relationship between liberty and justice, the viability of limiting government, the role of property, and the possibilities of the private provision of public goods as well as the private enforcement of public rules will find reading this book rewarding. Most of the articles have been published before in a wide array of publications and are presented here for the first time in one volume. The discussions in this work exhibit the anti-statist line of thought that Jasay consistently pursues in all his writings. For Jasay, the provision of collective goods, including the most central one of social order itself, is much less dependent on the application of fundamental coercive power by centralised authorities than generally assumed. This idea echoes arguments he develops in detail in Social Contract, Free Ride.

DKK 217.00
1

Socialism - Ludwig Von Mises - Bog - Liberty Fund Inc - Plusbog.dk

Socialism - Ludwig Von Mises - Bog - Liberty Fund Inc - Plusbog.dk

This is a newly annotated edition of the classic first published in German in 1922. It is the definitive refutation of nearly every type of socialism ever devised. Mises presents a wide-ranging analysis of society, comparing the results of socialist planning with those of free-market capitalism in all areas of life. Friedrich Hayek''s foreword comments on the continuing relevance of this great work: "Most readers today will find that Socialism has more immediate application to contemporary events than it had when it first appeared."

DKK 141.00
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Omnipotent Government - Ludwig Von Mises - Bog - Liberty Fund Inc - Plusbog.dk

Omnipotent Government - Ludwig Von Mises - Bog - Liberty Fund Inc - Plusbog.dk

Published in 1944, during World War II, Omnipotent Government was Mises''s first book written and published after he arrived in the United States. In this volume Mises provides in economic terms an explanation of the international conflicts that caused both world wars. Although written more than half a century ago, Mises''s main theme still stands: government interference in the economy leads to conflicts and wars. According to Mises, the last and best hope for peace is liberalism -- the philosophy of liberty, free markets, limited government, and democracy.

DKK 141.00
1