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The Libertarian Priority

“I am getting more and more convinced that the war-peace question is the key to the whole libertarian business.” ~ Murray Rothbard That our enemy is the state, there is no question. As Rothbard explains: Briefly, the State is that organization in…

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The Old Cause

This guest post is by C.Jay Engel of The Reformed Libertarian. For guest post opportunities, please see the Contact page. I have read a good deal of all that Murray Rothbard has written.  Not everything. He has thousands of articles…

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Shall we abandon the non-aggression principle?

It has been fashionable of late for some libertarians to broaden the libertarian non-aggression principle in their attempts to make libertarianism less thin and brutal and more cosmopolitan and humanitarian.

I will not address this controversy here. I recently made very clear my views on libertarianism.

What I do want to address is an older libertarian attack on the non-aggression principle that has recently reared its ugly head.

Some libertarians, way back when (Liberty, May 1988) and more recently (here and here), have actually called for abandoning the non-aggression principle altogether. (See replies to the recent cases here and here).

I think it would be important before continuing to revisit exactly what it is that libertarians mean when they talk about the non-aggression principle being foundational to libertarianism. For this I turn to two of the greatest libertarian theorists and proponents: Murray Rothbard and his long-time friend and disciple (in the good sense) Walter Block.

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The Significance of the Austrian School and Ludwig von Mises

This entry is part 1 of 1 in the series Essentials of Austrian Economics

This is the first essay in series “Essentials of Austrian Economics.” Throughout this series, we will explore important economic concepts and why they are crucial to an understanding of a free society.

MisesSuitMost people are unfamiliar with Austrian School of Economics and the work of Ludwig von Mises, Murray Rothbard, and Friedrich Hayek, but thanks to the efforts of Ron Paul, the Mises Institute, and many others the ideas are becoming much more well known.

Austrian economics is more than just a sub-theory within the field of economics – it is an different way of thinking about economic science altogether. Most of modern economics falls into either neoclassical or Keynesian economics, which tend to focus on mathematical modeling and statistical analysis. Austrian economics, in constrast, claims that economic activity is too complex and varied to be reasonably described through mathematical models. This is not to say that mathematics and statistics are bad altogether when doing economics, but such tools have limitations that do not permit them to access the core of economic theory.

Instead of statistics and numerical models, Austrian economics begins with basic axioms of human action, a study known as praxeology. The starting point that humans utilize means to achieve desired ends begins the elucidation of economic law. Ludwig von Mises defined human action in this way:

“Human action is purposeful behavior. Or we may say: Action is will put into operation and transformed into an agency, is aiming at ends and goals, is the ego’s meaningful response to stimuli and to the conditions of its environment, is a person’s conscious adjustment to the state of the universe that determines his life. Such paraphrases may clarify the definition given and prevent possible misinterpretations. But the definition itself is adequate and does not need complement of commentary.” [from Human Action]

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