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Anarcho Libertarian Arguments Regarding the Military

From: T
Sent: Monday, December 04, 2017 10:35 AM
To: Walter Block
Cc:
Subject: Re: Defense and the minarchists

Walter, do you have any advice on a book or chapter that lays out the anarcho libertarian positions or private law society arguments regarding the military that I could use to demonstrate ancap moral superiority over the minarchists viewpoint or neo con positions regarding the military? Thanks, T

Dear T: Here are some readings on this matter:

Block, 2003; Cowen, 1988; De Jasay, 1989; Hoppe, 1989; Hummel, 1990; Pasour, 1981; Rothbard, 1985, 1997; Schmidtz, 1991; Sechrest, 2003, 2004A, 2004B, 2007

Block, Walter E. 2003. “National Defense and the Theory of Externalities, Public Goods and Clubs.” The Myth of National Defense: Essays on the Theory and History of Security Production, Hoppe, Hans-Hermann, ed., Auburn: Mises Institute, pp. 301-334; http://www.mises.org/etexts/defensemyth.pdf

Cowen, Tyler, ed. 1988. The Theory of Market Failure: A Critical Examination, Fairfax, VA: George Mason University Press; http://www.amazon.com/Theory-Market-Failure-Critical-Examination/dp/0913969133/ref=sr_1_1?ie=UTF8&s=books&qid=1200191409&sr=1-1

De Jasay, Anthony. 1989. Social Contract, Free Ride: A Study of the Public Goods Problem. Oxford, England: Oxford University Press; http://www.amazon.com/Social-Contract-Free-Ride-Paperbacks/dp/0198239122/ref=sr_1_1?ie=UTF8&s=books&qid=1200191531&sr=1-1

Hoppe, Hans-Hermann. 1989. “Fallacies of the Public Goods Theory and the Production of Security,” The Journal of Libertarian Studies, Vol. IX, No. 1, Winter, pp. 27-46; http://www.mises.org/journals/jls/9_1/9_1_2.pdf

Hummel, Jeffrey. 1990. “National Goods vs. Public Goods: Defense, Disarmament and Free Riders,” The Review of Austrian Economics, Vol. IV, pp. 88-122; http://www.mises.org/journals/rae/pdf/rae4_1_4.pdf

Pasour, Jr., E.C., 1981, “The Free Rider as a Basis for Government Intervention,” The Journal of Libertarian Studies, Vol. V, No. 4, Fall, pp. 453-464; http://www.mises.org/journals/jls/5_4/5_4_6.pdf

Rothbard, Murray N. 1997. The Logic of Action: Applications and Criticism from the Austrian School, Vol. II, Cheltenham, UK: Edward Elgar

Schmidtz, David. 1991. The Limits of Government: An Essay on the Public Goods Argument, Boulder Co: Westview Press

Sechrest, Larry. 2003. “Privateering and National Defense: Naval Warfare for Private Profit”, pages 239-74, The Myth of National Defense: Essays on the Theory and History of Security Production, edited by Hans-Hermann Hoppe, published by the Ludwig von Mises Institute, Auburn, Alabama, 2003.

Sechrest, Larry. 2004A. “Public Goods and Private Solutions in Maritime History.” The Quarterly Journal of Austrian Economics. Vol. 7, No. 2. Summer, 3-27.
http://www.mises.org/journals/qjae/pdf/qjae7_2_1.pdf; https://dev.mises.org/journals/qjae/pdf/qjae7_2_1.pdf

Sechrest, Larry. 2004B. “Private Provision of Public Goods: Theoretical Issues and Some Examples from Maritime History,” ICFAI Journal of Public Finance, August, Vol. II, No. 3, 45- 73; http://www.mises.org/journals/scholar/Sechrest7.pdf

Sechrest, Larry. 2007. “Privately Funded and Built U.S. Warships in the Quasi-War of 1797-1801,” The Independent Review, Summer, Vol. 12, No. 1: 101-113.

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3:38 pm on December 11, 2017

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From: S
Sent: Saturday, November 25, 2017 7:26 PM
To: walterblock@business.loyno.edu
Subject: disagreements with Rothbard

Hello Mr Walter Block, my name is S. I live in Argentina and i love your ideas i just listen to your wonderful debate with mr Invictus , and you mention some articles that enunciate the divergences between you and mr Rothbard (You mention for example the agreement of voluntary slavery) I would love to read the other articles that you mention in the Q&A that develop the other point you and Rothbard disagree. when you have some time could you send me the articles you mention? If you can’t, I still love you Mighty Block . I greatly thank you for your beautiful work.

Dear S: Thanks for your kind words.

Let me just say, before I send you that material which contains my disagreements with Murray Rothbard, my friend and mentor, that I revere this man. He was a genius. Possibly, probably, in all of these disagreements I had with him, he was correct, and I was wrong. I still can’t see my way clear to that conclusion, but I’m open to having my errors being pointed out, in this or indeed any other regard. Here is the material you requested:

Block, 1998, 2003, 2007, 2009, 2011, 2014; Barnett and Block, 2005, 2005-2006, 2006A, 2006B, 2007; Block, Barnett and Salerno, 2006; Block and Callahan, 2003; Block, Klein and Hansen, 2007; Block, Futerman and Farber, 2016; Futerman, Farber and Block, 2016.

Block, Walter E. 1998. “A Libertarian Case for Free Immigration,” Journal of Libertarian Studies: An Interdisciplinary Review, Vol. 13, No. 2, summer, pp. 167-186; http://www.mises.org/journals/jls/13_2/13_2_4.pdf

Block, Walter E. 2003. “Toward a Libertarian Theory of Inalienability: A Critique of Rothbard, Barnett, Gordon, Smith, Kinsella and Epstein,” Journal of Libertarian Studies, Vol.17, No. 2, Spring, pp. 39-85; http://www.mises.org/journals/jls/17_2/17_2_3.pdf

Block, Walter E. 2007. “A Libertarian War in Afghanistan?” July 30; https://archive.lewrockwell.com/block/block80.html

Block, Walter E. 2009. “Libertarian punishment theory: working for, and donating to, the state” Libertarian Papers, Vol. 1; http://libertarianpapers.org/2009/17-libertarian-punishment-theory-working-for-and-donating-to-the-state/; http://libertarianpapers.org/2009/17-libertarian-punishment-theory-working-for-and-donating-to-the-state/#comments

Block, Walter E. 2011. “Hoppe, Kinsella and Rothbard II on Immigration: A Critique.” Journal of Libertarian Studies; Vol. 22, pp. 593–623; http://mises.org/journals/jls/22_1/22_1_29.pdf

Block, Walter E. 2011. “The Human Body Shield” Journal of Libertarian Studies; Vol. 22 , pp. 625-630; http://mises.org/journals/jls/22_1/22_1_30.pdf

Block, Walter E. 2014. August 5. Interview with Daniel Rothschild: a critique of fractional reserve banking and of Murray N. Rothbard’s analysis of Israeli land claims; https://www.youtube.com/watch?v=q4A5hpzYb94.

Barnett, William II and Walter E. Block. 2005. “Money: Capital Good, Consumers’ Good, or (Media of) Exchange Good?” Review of Austrian Economics. 18 (2): 179-194;
http://www.gmu.edu/rae/archives/VOL18_2_2005/4_Barnett.pdf; http://www.academia.edu/1359987/Money_Capital_Good_Consumers_Good_or_Media_of_Exchange_Good

Barnett, William II, and Walter E. Block. 2005-2006. “Mises, Rothbard and Salerno on Costs.” Corporate Ownership & Control, Winter, Vol. 3, No. 2, pp. 204-206

Barnett, William II, and Walter E. Block. 2006A “Rothbard on V shaped average and
total cost curves.” Quarterly Journal of Austrian Economics, Vol. 9, No. 3, Fall, pp. 61-66; http://mises.org/journals/qjae/pdf/qjae9_3_4.pdf

Barnett, William II and Walter E. Block. 2006B. “On Hayekian Triangles.” Procesos De Mercado: Revista Europea De Economia Politica; Vol. III, No. 2, Fall, pp. 39-141; http://tinyurl.com/2zkvj7; http://mises.org/journals/scholar/block18.pdf; http://www.academia.edu/1359916/On_Hayekian_Triangles

Barnett, William II and Walter E. Block. 2007. “Saving and Investment: A Praxeological Approach.” New Perspectives on Political Economy, Vol. 3, No. 2, pp. 129 – 138;
http://pcpe.libinst.cz/nppe/3_2/nppe3_2_1.pdf; http://141.164.133.3/exchange/walterblock/Inbox/Re%20query.EML/nppe3_2_block.pdf/C58EA28C-18C0-4a97-9AF2-036E93DDAFB3/nppe3_2_block.pdf?attach=1; http://www.academia.edu/1359832/Saving_and_Investment_A_Praxeological_Approach
no future goods (fn 16)

Block, Walter E., William Barnett II and Joseph Salerno. 2006. “Relationship between wealth or income and time preference is empirical, not apodictic: critique of Rothbard and Hoppe,” Review of Austrian Economics, Vol. 19, No. 2, pp. 69-80; http://dx.doi.org/10.1007/s11138-006-6094-8; http://www.gmu.edu/rae/archives/VOL19_1_2006/4-Block_Barnett_Salerno.pdf

Block, Walter E. and Gene Callahan. 2003. “Is There A Right to Immigration? A Libertarian Perspective,” Human Rights Review, Vol. 5, No. 1, October-December, pp. 46-71;
http://www.walterblock.com/publications/block-callahan_right-immigrate-2003.pdf

Block, Walter E., Peter Klein and Per Henrik Hansen. 2007. “The Division of Labor under Homogeneity: A Critique of Mises and Rothbard” The American Journal of Economics and Sociology, April Vol. 66 Issue 2, pp. 457-464; http://www.blackwell-synergy.com/toc/ajes/66/2; http://141.164.133.3/exchange/walterblock/Inbox/Re:%20link_x003F_-2.EML/1_multipart_xF8FF_2_j.1536-7150.2007.00520.pdf/C58EA28C-18C0-4a97-9AF2-036E93DDAFB3/j.1536-7150.2007.00520.pdf?attach=1
Block, Walter E., Alan G. Futerman and Rafi Farber. 2016. “A Libertarian Approach to the Legal Status of the State of Israel.” Indonesian Journal of International and Comparative Law. Vol. 3, Issue, 2, June, pp. 435-553; (a critique of Murray Rothbard)
https://thejewishlibertarian.com/tag/the-legal-status-of-the-state-of-israel/ https://thejewishlibertarian.files.wordpress.com/2016/07/israel-rothbard-defense.pdf https://thejewishlibertarian.com/israel-vs-rothbard/

Futerman, Alan, Rafi Farber and Walter E. Block. 2016. “The Libertarian Case for Israel.” October 13; The Forward; http://forward.com/scribe/351957/tk-tk/

February 11, 2017. Walter Block’s Opponent: Augustus Invictus
7pm Holiday Inn 1350 S Dixie Hwy Coral Gables, Fl 33134
Topic: Libertarianism Yay or Nay
Subtopics:
Is Taxation Theft (Invictus says no; Block says yes)
Privatize everything (Invictus says no; Block says yes)
Privatize highways (Invictus says no; Block says yes)
Libertarian Nuremberg trials (Invictus opposes; Block favors)
Augustus Invictus:

Walter Block vs. Augustus Invictus Live In Miami NOW

Posted by Liberty Hangout on Saturday, February 11, 2017


February 11, 2017. Miami, Florida, Walter E. Block debates Augustus Sol Invictus [mailto:augustusinvictus@gmail.com]; Augustus Sol Invictus topic: Libertarianism Yay or Nay? I want to argue against some of the sacred cows of libertarianism. And I think it’s safe to say that they are sacred cows BECAUSE of Block, Rothbard, and company – and so Professor Block would be the *perfect* person to promote these positions – and the perfect person, me, to argue against on these positions.
1. ‘Taxation is Theft.’ I will make the case that taxation is not theft and is necessary for a functioning government. I will likely rely on Hobbes for this argument.
2. The nature of law. Block and many Libertarians seem to be under the impression that law is a voluntary, consensual agreement as to the rules that would benefit society. I am of the belief that law is a rule issued by the sovereign and backed by the threat of force. This is the position of John Austin, a legal philosopher, whose position is my own.
3. The Nuremberg Trials. This one I could argue in one of two ways: (A) The Nuremberg Trials, i.e., the trial of the Nazi officer’s, were a farce and a grave injustice that has resulted in the atrocities of the present global order. (B) Block’s conception of a type of ‘Libertarian Nuremberg Trial’ for culpable government employees is an equally bad idea.
4. ‘Privatization of everything.’ I am in opposition to this concept at my very core. This is why I cannot be an AnCap, and it is why I meet so much resistance in libertarian circles.
5. Highway privatization. A minor subject compared to the other four, but certainly one that would stir controversy, as this is, again, one of the sacred cows of libertarianism.”

Two Debates in Florida in February

Vs. Invictus (full)

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6:06 pm on December 8, 2017

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Tax Evader?

From: T
Sent: Thursday, December 07, 2017 8:48 AM
To: walterblock@business.loyno.edu
Subject: Defending III

Dr. Block: Will “Defending III” finally include a chapter devoted to the tax evader???

Dear T: Yes. Here are the first few words of this chapter, The Tax Evader (1061 words, so far)

“This chapter is dedicated to the memory of Vivien Kellems, Irwin Schiff and to all others savaged by a criminal gang for not forking over funds they had never agreed to pay in the first place.

“Initially, I labeled this chapter: ‘the tax cheat.’ But, in the process of writing it, I realized that this is only the way the government sees the matter. Those who do not pay their taxes due are ‘cheaters.’ But that is not at all how I look at the matter. Hence, the substitution of the more neutral term, ‘evader.’ ‘Non-payer’ might even be a better, more accurate, nomenclature.”

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1:20 pm on December 7, 2017

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Defending the Undefendable, Mises University, the AERC

From: J
Sent: Tuesday, November 28, 2017 10:26 PM
To: walterblock@business.loyno.edu
Subject: Your Defense of the Undefendable

Hi Dr. Block! I finished reading your book, Defending the Undefendable, earlier this evening and I just wanted to say that, despite having had the urge to recoil in more than one occasion, I found myself agreeing with your analysis. Your chapters on the (non-government) counterfeiter, the curmudgeon, and the speculator struck me particularly as profound, although I found all other chapters to contain valuable insight into practical economic services as seen through the lens of the Austrian. I plan to attend the Mises University Summer Fellowship in order to further my knowledge of Austrian economics and to improve my prospects of doing research on that basis at a graduate program. Will you by any chance be there? Best regards, J

Dear J: Will I be there? Will I be there? I most certainly will be there, if I am invited back. I expect I will once again be on the program, since I’ve been a speaker at pretty much every Mises University (https://mises.org/events/mises-university-2017) since it started many years ago. Indeed, it is my second favorite gathering in the entire year, right after the AERC (https://mises.org/events/aerc-2018) which I suggest you attend as well. Thanks for your kind words about that book of mine. Hey, if you liked Defending I, you might also like Defending II: Block, Walter E. 2013. Defending the Undefendable II: Freedom in all realms; Terra Libertas Publishing House; isbn: 978-1-908089-37-3; http://store.mises.org/Defending-the-Undefendable-2-P10932.aspx; http://www.amazon.com/Defending-Undefendable-II-Freedom-Realms/dp/1908089377/ref=sr_1_1?ie=UTF8&qid=1379098357&sr=8-1&keywords=freedom+in+all+realms; http://www.amazon.com/Defending-Undefendable-II-Freedom-Realms/dp/1908089377/ref=sr_1_2?s=books&ie=UTF8&qid=1380679730&sr=1-2; isbn: 9781908089373; http://terralibertas.com/products/defending-the-undefendable-ii-freedom-in-all-realms-hardcover; https://www.lewrockwell.com/2013/12/robert-wenzel/top-book-picks-of-2013/; http://www.amazon.co.uk/Defending-Undefendable-II-Freedom-Realms/dp/1908089377/ref=sr_1_1?s=books&ie=UTF8&qid=1387741833&sr=1-1&keywords=Defending+the+Undefendable+II%3A+Freedom+in+All+Realms; http://www.librarialibertas.com/economie/defending-the-undefendable-ii-freedom-in-all-realms-hardcover.html; http://mises.org/daily/6624/Walter-Block-Is-Still-Defending-the-Undefendable; https://www.lewrockwell.com/2014/01/mark-thornton/still-defending-the-undefendable/; http://mises.org/journals/qjae/pdf/qjae17_1_6.pdf
http://www.amazon.co.uk/gp/offer-listing/1908089377

I’m now working on Defending III, so you’ll have to wait a bit for that book.

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12:19 pm on December 6, 2017

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From: M
Sent: Sunday, December 03, 2017 12:36 AM
To: Walter Block
Subject: economics of banking
Hi Walter, Can you recommend a good book on the economics of banking. I have a basic understanding of fractional reserve banking but I just want to clarify my thinking on it. Specifically – if I go a bank or credit union and take out a mortgage to buy a house, where does the bank get the money to lend me? I used to think that if the bank took in, say, $1,000,000 in deposits and it had a 10% reserve requirement, it could lend out $900,000. But I’ve read something recently that the bank just creates the money it lends you out of thin air. If so, what is your take on it? Thanks, M

Dear M: Yes, here are some recommendations:

Rothbard, Murray N. 1963, 1985, 1990 What Has Government Done to Our Money? Auburn, AL.: Mises Institute; http://www.mises.org/rothbard/rothmoney.pdf

Rothbard, Murray N. 1969. “The Austrian Theory of the Trade Cycle,” p. 78-79, in Economic Depressions: Their Cause and Cure, Lansing, Michigan: Constitutional Alliance http://mises.org/tradcycl/econdepr.asp; http://mises.org/daily/3127/Economic-Depressions-Their-Cause-and-Cure

Rothbard, Murray N. 1963. America’s Great Depression. Princeton, N.J.: D. Van Nostrand Co. Reissued by Nash Publishing Co., Los Angeles in 1972 with introduction to the 2nd Edition. Revised edition, New York University Press, 1975. New York: Richardson and Snyder, 1983.
Fundamental study, showing application of Austrian business cycle theory to the U.S. Depression of October 1929 and following. Emphasizes the role of Herbert Hoover as precursor of the New Deal as well as business and banking interests behind interventionism.

Rothbard, M. 1963. America’s Great Depression. Kansas City: Sheed Andrews.
http://www.mises.org/rothbard/agd.pdf

Rothbard, Murray N. 1983. The Mystery of Banking. New York: Richardson and Snyder.
A presentation in form suitable for an elementary textbook of Rothbard’s views on money and banking. He argues for the pure gold standard and 100 % reserve banking. Much historical material is presented. http://mises.org/daily/3116; http://mises.org/Books/mysteryofbanking.pdf

Here’s a biblio on fractional reserve banking:

I. Anti Fractional reserve banking frb::

Baxendale (2010) is a report on a series of interview which demonstrate that the common man is ignorant of banking, not to mention the fractional reserve aspects of it: Baxendale, Toby. 2010. “Public attitudes to banking.” June 15; http://www.cobdencentre.org/2010/06/public-attitudes-to-banking/

Bagus, 2003; Bagus, Howden and Block, 2013; Barnett and Block, 2005, 2008, 2009; Baxendale, 2010; Block, 2008; Block and Caplan, 2008; Block and Garschina, 1996; Block and Humphries, 2008; Block and Posner, 2008; Davidson, 2008; Davidson and Block, 2011; Hanke, 2008; Hazlitt, 1979; Hollenbeck, 2013, 2014; Hoppe, 1994; Hoppe, Hulsmann and Block, 1998; Howden, 2013; Huerta de Soto, 1995, 1998, 2001, 2006, 2010; Hulsmann, 1996, 2000, 2002a, 2002b, 2003, 2008; Murphy, 2010; North, 2009; Polleit, 2010; Reisman, 1996, 2009; Rothbard, 1975; 1990, 1991, 1993; Salerno, 2010A, 2010B, 2011.

Bagus, Philipp. 2003, ‘The Commons and the Tragedy of Banking’, November 12, http://mises.org/story/1373

Bagus, Philipp, David Howden and Walter E. Block. 2013. “Deposits, Loans and Banking: Clarifying the Debate,” American Journal of Economics and Sociology, Volume 72, Issue 3, pages 627–644, July; http://onlinelibrary.wiley.com/doi/10.1111/ajes.12023/abstract; http://bastiat.mises.org/2013/07/fractional-reserve-banking-paper/

Barnett, William II and Walter E. Block. 2005. “In defense of fiduciary media— a comment; or, what’s wrong with “clown” or play money?” Quarterly Journal of Austrian Economics; Vol. 8, No. 2, Summer, pp. 55-69; http://mises.org/journals/qjae/pdf/qjae8_2_4.pdf

Barnett, William and Walter E. Block. 2008. “Time deposits, dimensions and fraud,” Journal of Business Ethics; www.WalterBlock.com/publications; http://www.springerlink.com/content/100281/?k=walter+block&sortorder=asc&v=condensed&o=20; www.WalterBlock.com/publications

Barnett, William and Walter E. Block. 2009. “Financial Intermediaries, the Intertemporal-Carry Trade, and Austrian Business Cycles; or; Crash and Carry: Can Fraudulent Time deposits lead to an Austrian Business Cycle? Yes.” Journal Etica e Politica / Ethics & Politics; Vol. XI, No. 1, pp. 455-469; http://www2.units.it/~etica/2009_1/BARNETT_BLOCK.pdf

Baxendale, Tony. 2010. Free Banking, the Balance Sheet and Contract Law Approach; March 15; http://www.cobdencentre.org/2010/03/free-banking-the-balance-sheet-and-contract-law-approach/

Block, Walter and Bryan Caplan. 2008. “Walter E. Block versus Bryan Caplan on Fractional Reserve Banking.” Nov 1; https://www.lewrockwell.com/block/block110.html

Block, Walter and Kenneth M. Garschina. 1996. “Hayek, Business Cycles and Fractional Reserve Banking: Continuing the De-Homoginization Process,” Review of Austrian Economics, Vol. 9, No. 1, 1995, pp. 77-94; http://www.mises.org/journals/rae/pdf/rae9_1_3.pdf.

Block, Walter and John Humphries. 2008. “Humphries vs Block on fractional reserve banking.” November 17; http://alsblog.wordpress.com/2008/11/17/fractional-reserve-banking/

Block, Walter versus Eric Posner. 2008. “Posner vs. Block on fractional reserve banking.” November, 29; https://www.lewrockwell.com/block/block114.html

Davidson, Laura. 2008. “Fractional Reserve Banking Is Indeed Fraudulent,” November 17;
https://www.lewrockwell.com/orig9/davidson-l1.html

Davidson, Laura and Walter E. Block. 2011. “The Case Against Fiduciary Media: Ethics Is The Key,” The Journal of Business Ethics. Vol. 98, Issue 3, pp. 505-511;
http://www.springerlink.com/content/j76323752648720g/; http://dx.doi.org/10.1007/s10551-010-0590-2; 10.1007/s10551-010-0590-2

Hanke, Steve. 2008. “Banking Crises: Plus Ça Change…” GlobeAsia, November, pp. 168-169; http://www.freemarketfoundation.com/Hanke%5CBanking%20Crises–Plus%20%C3%87a%20Change,%20November%202008.pdf

Hazlitt, Henry. 1979. “Gold versus Fractional Reserves Part 1 .” The Freeman. May;
https://mises.ca/posts/articles/gold-versus-fractional-reserves-part-1/
https://mises.ca/posts/blog/gold-verses-fractional-reserves-part-2/

Hollenback, Frank. 2013. “Insuring Deposits, Ensuring Insolvency.” July 24;
http://mises.org/daily/6487/Insuring-Deposits-Ensuring-Insolvency

Hollenback, Frank. 2014. “The Fraud in Fractional Reserve Banking.” November 26; http://us2.campaign-archive2.com/?u=7e6cc2f6072b7ebfaa847047f&id=189c14aa12&e=53fc31c1bb

Hoppe, Hans-Hermann. 1994. “How is Fiat Money Possible? or, The Devolution of Money and Credit,” Review of Austrian Economics, 7(2), pp. 49-74.

Hoppe, Hans-Hermann, with Guido Hulsmann and Walter E. Block. 1998. “Against Fiduciary Media,” Quarterly Journal of Austrian Economics, Vol. 1, No. 1, pp. 19-50, http://www.mises.org/journals/qjae/pdf/qjae1_1_2.pdf

Howden, David. 2013. “A Simple Math Question for Bankers.” December 28;
http://mises.us2.list-manage1.com/track/click?u=7e6cc2f6072b7ebfaa847047f&id=b10182ff5e&e=cb339c58df; http://www.economicpolicyjournal.com/2013/12/the-best-critique-i-have-ever-read.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+economicpolicyjournal%2FKpwH+%28EconomicPolicyJournal.com%29

Huerta de Soto, Jesús. 1995. “A Critical Analysis of Central Banks and Fractional-Reserve Free Banking from the Austrian Perspective,” Review of Austrian Economics, 8(2), pp. 25-38.

Huerta de Soto, Jesús. 1998, ‘A Critical Note on Fractional-Reserve Free Banking’, The Quarterly Journal of Austrian Economics 1(4), 25-49.

Huerta de Soto, Jesús. 2001. “A Critical Note on Fractional Reserve Free Banking,” The Quarterly Journal of Austrian Economics, Vol. 1, No. 4, Fall, pp. 34-35

Huerta de Soto, Jesús. 2006. Money, Bank Credit and Economic Cycles (Ludwig von Mises Institute, Auburn AL.)

Huerta de Soto, Jesús. 2010. “Economic Recessions, Banking Reform, and the Future of Capitalism.” http://mises.org/daily/4817

Hülsmann, Jorg Guido. 1996, ‘Free Banking and the Free Bankers’, Review of Austrian Economics 9(1), 3-53.

Hulsmann, Jorg Guido. 2000. “Banks Cannot Create Money”, The Independent Review: A Journal of Political Economy, vol. 5, no. 1, summer, 101—110; http://www.independent.org/pdf/tir/tir_05_1_hulsman.pdf

Hulsmann, Jorg Guido. 2002a. “Free Banking and the Free Bankers.” Review of Austrian Economics. Vol. 9, No. 1. pp. 3-53; http://www.mises.org/journals/rae/pdf/rae9_1_1.pdf

Hulsmann, Jorg Guido. 2002b. “Free Banking Fractional Reserves: Reply to Pascal Salin.” Review of Austrian Economics, Vol. 1, No. 3.
http://www.mises.org/journals/qjae/pdf/qjae1_3_8.pdf

Hulsmann, Jorg Guido. 2003. “Has Fractional-Reserve Banking Really Passed the Market Test?,” Independent Review 7/3, Winter, 399-422. http://www.independent.org/publications/tir/article.asp?a=90

Hülsmann, Jorg Guido. 2008. The Ethics of Money Production Auburn AL: Ludwig von Mises Institute

Murphy, Robert P. 2011. The Fractional-Reserve Banking Question.” June 14; http://mises.org/daily/4499

North, Gary. 2009. “What Is Money? Part 5: Fractional Reserve Banking.” October 10;
https://www.lewrockwell.com/north/north769.html

Polleit, Thorsten. 2010. “The Faults of Fractional-Reserve Banking.” December 23;
http://mises.org/daily/4880

Reisman, George. 1996. Capitalism. Ottawa, Il.: Jameson Books; pp. 954-963

Reisman, George. 2009. “A Pro-Free-Market Program for Economic Recovery,” November 20; http://mises.org/daily/3870

Rothbard, Murray N. [1963] 1975. America’s Great Depression (Sheed and Ward, Kansas City).

Rothbard, Murray N. 1990. What Has Government Done to Our Money?, Auburn, AL: Ludwig von Mises Institute; http://www.mises.org/rothbard/rothmoney.pdf

Rothbard, Murray N. [1962] 1991. “The Case for a 100 Percent Gold Dollar,” In Search of a Monetary Constitution, Leland B. Yeager, ed., Cambridge, MA: Harvard University Press, pp. 94-136, and Auburn, AL: Ludwig von Mises Institute. See also “The Logic of Action One” pp. 364-384; http://mises.org/story/1829; http://mises.org/rothbard/100percent.pdf

Rothbard, Murray N. [1962] 1993. Man, Economy, and State. Ludwig von Mises Institute, Auburn, AL

Rothbard, Murray N. 1988. The Myth of Free Banking in Scotland, Review of Austrian Economics; http://mises.org/journals/rae/pdf/RAE2_1_15.pdf

Salerno, Joseph T. 2010A. Money, Sound and Unsound. Auburn, Ludwig von Mises Institute

Salerno, Joseph T. 2010B. “White contra Mises on Fiduciary Media,” May 14;
http://mises.org/daily/4389

Joseph T. Salerno. 2011. “Dr. Joseph Salerno Explains Everything You Ever Wanted to Know About Money (But Were Afraid to Ask)”, The Daily Bell, July 3;

Dr. Joseph Salerno Explains Everything You Ever Wanted to Know About Money (But Were Afraid to Ask)

II. pro frb:

Horwitz, 2010; Horwitz and Bodenhorn, 1994; McElroy, 2013, 2014; Rozeff, 2010; Sechrest, 1987, 1989a, 1989b, 1991a, 1991b, 1993, 2007; Selgin, 1994, 1998, 2007A, 2007B, 2007C; Selgin and White, 1996; White, 1992, 1995, 1999, 2003, 2007A, 2007B, 2007C

http://ncachanosky.files.wordpress.com/2008/03/mises-on-fractional-reserves-a-review-on-huerta-de-sotos-argument-v60.pdf

Horwitz, Steven and Howard Bodenhorn. 1994. “A Property Rights Approach to Free Banking,” Journal des Economistes et des Etudes Humaines, 5 (4), December, pp. 505-519.

Horwitz, Steven. 2010. “My Teenage Daughter Gets Fractional Reserve Banking.” January 11; http://www.coordinationproblem.org/2010/01/my-teenage-daughter-gets-fractional-reserve-banking.html

McElroy, Wendy. 2013. “Fractional-Reserve Banking: Not Fraud, Not Folly.” May 13;
http://dailyanarchist.com/2013/05/13/fractional-reserve-banking-not-fraud-not-folly

McElroy, Wendy. 2014. “Fractional-Reserve Banking is Not Fraud.” November 13;

Fractional-Reserve Banking is Not Fraud

Rozeff, Michael S. 2010. “Rothbard on Fractional Reserve Banking: A Critique,”
The Independent Review, Vol. 14, No. 4, Spring, pp. 497-512

Sechrest, Larry. 1987. “White’s Free Banking Thesis: A Case of Mistaken Identity,” Review of Austrian Economics, November, Vol. II, 247-57.

Sechrest, Larry. 1989a. Review of George Selgin’s The Theory of Free Banking, Journal of Economics, Vol. XV, 196-98.

Sechrest, Larry. 1989b. “Free Banking vs. Central Banking: A Geometrical Analysis,” South African Journal of Economic and Management Sciences, November, Vol. II, 83-97.

Sechrest, Larry. 1991a. “Free Banking in Scotland: A Dissenting View,” Cato Journal, Winter, Vol. 10, No. 3, 799-808.

Sechrest, Larry. 1991b. “Banking, Central and Free”, pages 145-51, Magill’s Survey of Social Science: Economics, Salem Press.

Sechrest, Larry. 1993. Free Banking: Theory, History, and a Laissez-Faire Model, Westport, Connecticut: Quorum Books.

Sechrest, Larry. 2007. “Free Banking Basics,” The Free Radical, July/August, Vol. 76, 40-41.

Selgin, George. 1994. “Free Banking and Monetary Control.” Economic Journal 104: 1449-59.

Selgin, George. 1998. The Theory of Free Banking: Money Supply under Competitive Note Issue. Totowa, New Jersey: Rowman & Littlefield

Selgin, George. 2000. “Should We Let Banks Create Money?” The Independent Review, v.V, n.1, Summer, pp. 93–100

Selgin, George. 2007A. “Is fractional-reserve banking inflationary?” January 23. Free Market News Network; http://www.fmnn.com/Analysis/241/6794/banking.asp?nid=6794&wid=241

Selgin, George. 2007B. “Notes on free banking: fractional reserves and economic development, part I” February 14. Free Market News Network; http://www.fmnn.com/Analysis/241/6939/notes.asp?nid=6939&wid=241

Selgin, George. 2007C. “Notes on free banking: fractional reserves and economic development, part II” February 15. Free Market News Network; http://www.fmnn.com/Analysis/241/6949/notes.asp?nid=6949&wid=241

Selgin, George A., and White, Lawrence H. 1996. “In Defense of Fiduciary Media – or, We are Not Devo(lutionists), We are Misesians!,” Review of Austrian Economics, Vol. 9, No. 2, pp. 83-107; http://mises.org/journals/rae/pdf/rae9_2_5.pdf

White, Lawrence H. 1992. Competition and Currency: Essays on Free Banking and Money. New York: New York University Press

White, Lawrence H. 1995. Free Banking in Britain: Theory, Experience, and Debate, 1800-1845, 2nd ed. London: Institute of Economic Affairs

White, Lawrence H. 1999. The Theory of Monetary Institutions. Oxford: Basil Blackwell

White, Lawrence H. 2003. “Accounting for Fractional-Reserve Banknotes and Deposits,” Independent Review 7/3, Winter, 423-41. http://www.independent.org/publications/tir/article.asp?a=91

White, Lawrence H. 2007A. “Huerta de Soto’s Case Against Fractional Reserves,” Free-Market News Network (08 Jan) http://www.freemarketnews.com/Analysis/240/6709/case.asp?wid=240&nid=6709

White, Lawrence H. 2007B. “Huerta de Soto’s View of the History of Banking,” Free-Market News Network (30 Jan) http://www.freemarketnews.com/Analysis/240/6827/soto.asp?wid=240&nid=6827

White, Lawrence H. 2007C. “Huerta de Soto on Attempts to Justify Fractional-Reserve Banking,” Free-Market News Network (05 Feb) http://www.freemarketnews.com/Analysis/240/6877/soto.asp?wid=240&nid=6877

III. Larry White and I disagree as to how to categorize these, so, at his suggestion, I’m creating a third or “ambivalent” section

Ambivalent. These are of interest but there is some question as to on which side they lie:

Callahan, 2003; van den Hauwe, 2006, 2008; Williams, 1984.

Callahan, Gene. 2003. “The Libertarian Case Against Fractional-Reserve Banking,” Anti-State.com, July 22

van den Hauwe, Ludwig. 2006. “The Uneasy Case for Fractional-Reserve Free Banking, Procesos de Mercado, Vol. III, No. 2, pp143-96;

van den Hauwe, Ludwig. 2008, forthcoming. “Credit Expansion, the Prisoner´s Dilemma, and Free Banking as Mechanism Design, Procesos de Mercado,

Williams, Jeffrey C. 1984. “Fractional Reserve Banking in Grain,” Journal of Money Credit and Banking. 16 (4): pp. 488-496

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3:53 pm on December 5, 2017

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John Brown, Racism, Slavery, Malcolm X, Martin Luther King

Malcolm X, during his most (anti-white) racist days, was asked, “Would any white man qualify to be a member of your group.” He said “Yes, John Brown.” (paraphrase).

I’m a big fan of Malcolm X’s. I once heard him lecture at Brooklyn College. He was absolutely riveting. I never heard a more compelling public speaker than him. He was instrumental in the “black is beautiful” movement at its very beginnnig. Famously, he urged his followers to “throw away those hair staighteners,” and stop trying to look white. He supported free enterprise. He started up all sorts of commercial Shabazz businesses: restaurants, laundries, bakeries, etc. He preached individual initiative. I only wish he had lived long enough to realize that he had strong libertarian tendencies, and explicitly embrace our philosophy.

In my view, he stands in sharp and positive contrast to that even more famous black socialist plagiarist: Martin Luther King, Jr. I refuse to place “Dr.” in front of his name, since it is clear that his Ph.D. dissertation was plagiarized. He preached welfarism, unionism, socialism.

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4:24 pm on December 3, 2017

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Converting the Heathen to the One True Faith: Libertarianism; Women Are Welcome!

From: T
Sent: Thursday, November 30, 2017 11:03 AM
To: Walter Block
Subject: Defense and the minarchists

Walter: I have had incredible success helping high school students understand anarcho capitalism and it’s consistent application leads to a private law society. The same cannot be held for working with adults and trying to bring them to the consistent mindset of a private law society. The pushback I get is always on police or defense and especially the need that these adults see as in needing a state controlled military. I can get almost most adults to see that private police would be better, private courts would be better, and arbitration is the way to go. The welfare state is so easy to show its errors, student and adults alike seem to get to privatization quickly. The state created poverty as we know it. For my high school students, they have known War their entire lives and yet the vast majority have no idea the military is engaged anywhere in the world, they are so oblivious to what is happening, but after a short time they are often advocating an end to the warfare state. The warfare state has become so engrained in adults that they believe in the need to go “kill the terrrorists, and keep the (fill in the blank country) from invading the US by having a large military and thus need statism to support it. I have used the argument of the NAP and it’s not acceptable to kill innocent people. I have used legal arguments of a trial by jury of peers against those who violate private property rights and that does not seem to correct in their mind the need for a military, and the state to run it. I have tried Ron Paul’s argument that we have military bases in over 139 countries and blow back with no success. Of course I have argued against taxation to support the military leviathan. I have tried and tried but the minarchists who believes in the need for a strong military is basically a socialist and they don’t like that argumentation technique either. What do you suggest to help me be a better advocate for a private law society and promote peace? T

Dear T: I think you are doing better than many libertarians in promoting our philosophy. Hey, even Ayn Rand, Ron Paul, Murray Rothbard, Ludwig von Mises, Robert Nozick, Friedrich Hayek, Milton Friedman and other high profile libertarians have not succeeded in turning our society in that direction, although they have converted vast number of people to our cause. Why have all of us, together, failed? Why isn’t Ron Paul president right now, and we have an entirely free society? Surely, our cause is righteous, pragmatic just, and sensible. I think the explanation is sociobiology: the overwhelming number of people are hard wired to accept socialism and fascism. I try to explain this here: https://www.youtube.com/watch?v=R6b2HBJ5wLg

My bottom line advice to you, and others of us suffering from this malady: keep up the good work. Make only marginal changes. We are doing a pretty good job, as it is.

Here’s one possible marginal change. According to the Briggs-Myers Personality Type analysis, we libertarians — virtually all men — are mostly bunched up in one category, representative of a very small percentage of the overall population. If we continue on our present course, we thus confront a very low ceiling. There is even, I am given to understand, a mating – dating initiative based on this material, which indicates which groups of women, in which categories, are compatible with groups of men in our category. So, one possible practice might be to pitch our message to these other groups. If successful, and I have no idea as to the merits of this suggestion, this would at one fell swoop increase our gross numbers, and, also, bring more women into the libertarian movement, something that most present members would welcome with alacrity.

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1:41 pm on December 2, 2017

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Crime, Private Courts, AnCap, a Libertarian Perspective

From: J
Sent: Friday, November 24, 2017 11:08 PM
To: wblock@loyno.edu
Subject: Question about law enforcement and courts from an AnCap perspective

I hope you enjoyed your Thanksgiving. Of that vein, I was talking to my uncle over the weekend and the topic turned to current events, social affairs and politics. He’s slowly releasing neoconservatism, and while I offered an overview of law enforcement and the courts in an AnCap society (which was not discounted), I’d like to get his anathesiologist mind wrapped around something other than Bill O’Reilly’s latest homicidal title. Will you please list as many web sources regarding the issue of crime, specifically market solutions for law enforcement and dispute resolution/courts? Thanks, J

Dear J: Good luck with your uncle. Here’s some material on crime, courts, from a libertarian point of view:

an cap:

Anderson and Hill, 1979; Benson, 1989, 1990; Block, 2007, 2010, 2011; Casey, 2010; DiLorenzo, 2010; Gregory, 2011; Guillory & Tinsley, 2009; Hasnas, 1995; Heinrich, 2010; Higgs, 2009, 2012, 2017; Hoppe, 2008, 2011; Huebert, 2010; King, 2010; Kinsella, 2009; Long, 2004; McConkey, 2013; Molyneux, 2008; Murphy, 2005; Oppenheimer, 1926; Paul, 2008; Rockwell, 2013, 2016; Rothbard, 1973, 1975, 1977, 1998; Spooner, 1870; Stringham, 2007, 2015; Tannehill, 1984; Tinsley, 1998-1999; Wenzel, 2013; Woods, 2014.

Anderson, Terry and Hill, P.J. 1979. “An American Experiment in Anarcho-Capitalism: The Not So Wild, Wild West,” Journal of Libertarian Studies, 3: 9-29; http://mises.org/journals/jls/3_1/3_1_2.pdf

Benson, Bruce L. 1989. Enforcement of Private Property Rights in Primitive Societies: Law Without Government,” The Journal of Libertarian Studies, Vol. IX, No. 1, Winter, pp. 1-26; http://mises.org/journals/jls/9_1/9_1_1.pdf

Benson, Bruce L. 1990. “Customary Law with Private Means of Resolving Disputes and Dispensing Justice: A Description of a Modern System of Law and Order without State Coercion.” The Journal of Libertarian Studies, Vol. IX, No. 2,” pp. 25-42; http://mises.org/journals/jls/9_2/9_2_2.pdf

Block, Walter E. 2007. “Anarchism and Minarchism; No Rapprochement Possible: Reply to Tibor Machan,” Journal of Libertarian Studies, Vol. 21, No. 1, Spring, pp. 91-99; http://www.mises.org/journals/jls/21_1/21_1_5.pdf

Block, Walter E. 2011. “Governmental inevitability: reply to Holcombe.” Journal of Libertarian Studies, Vol. 22; pp. 667-688; http://mises.org/journals/jls/22_1/22_1_34.pdf

Block, Walter E. and Michael Fleischer. 2010. “How Would An Anarchist Society Handle Child Abuse?” October 13; https://www.lewrockwell.com/block/block167.html
Casey, Doug. 2010. “Doug Casey on Anarchy.” March 31; http://www.caseyresearch.com/cwc/doug-casey-anarchy
DiLorenzo, Thomas J. 2010. “The Culture of Violence in the American West: Myth versus Reality.” The Independent Review, v. 15, n. 2, Fall 2010, pp. 227–239; http://www.independent.org/pdf/tir/tir_15_02_4_dilorenzo.pdf

Gregory, Anthony. 2011. “Abolish the Police.” May 26; https://www.lewrockwell.com/gregory/gregory213.html

Guillory, Gil & Patrick Tinsley. 2009. “The Role of Subscription-Based Patrol and Restitution in the Future of Liberty,” Libertarian Papers 1, 12; http://libertarianpapers.org/2009/12-the-role-of-subscription-based-patrol-and-restitution-in-the-future-of-liberty/
Hasnas, John. 1995. “The myth of the rule of law.” Wisconsin Law Review 199;
http://faculty.msb.edu/hasnasj/GTWebSite/MythWeb.htm

Heinrich, David J. 2010. “Justice for All Without the State.” The Libertarian Standard. May 6; http://www.libertarianstandard.com/articles/david-j-heinrich/justice-for-all-without-the-state/

Higgs, Robert. 2009. “Why We Couldn’t Abolish Slavery Then and Can’t Abolish Government Now.” August 20; https://www.lewrockwell.com/higgs/higgs128.html

Higgs, Robert. 2012. “What is the point of my libertarian anarchism?” January 16;
https://archive.lewrockwell.com/higgs/higgs180.html

Higgs, Robert. 2017. “Is a National Government Necessary for National Defense?” March 23; http://www.targetliberty.com/2017/03/is-national-government-necessary-for.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TargetLiberty+%28Target+Liberty%29

Hoppe, Hans-Hermann. 2008. “Reflections on the Origin and the Stability of the State.” June 23; https://www.lewrockwell.com/hoppe/hoppe18.html

Hoppe, Hans-Hermann. 2011. “State or Private Law Society.” April 10;
https://www.lewrockwell.com/hoppe/hoppe26.1.html

Huebert, Jacob. 2010. Libertarianism Today. Santa Barbara, CA: Praeger

King, Seth. 2010. “Daily Anarchist Interviews Walter E. Block,” September 9;
https://www.lewrockwell.com/block/block165.html

Kinsella, Stephan. 2009. “The Irrelevance of the Impossibility of Anarcho-Libertarianism.” August 20; http://www.stephankinsella.com/2009/08/20/the-irrelevance-of-the-impossibility-of-anarcho-libertarianism/

Long, Roderick. 2004. “Libertarian Anarchism: Responses to Ten Objections” https://www.lewrockwell.com/long/long11.html

McConkey, Michael. 2013. “Anarchy, Sovereignty, and the State of Exception: Schmitt’s Challenge.” The Independent Review, v. 17, n. 3, Winter, pp. 415–428. http://www.independent.org/pdf/tir/tir_17_03_05_mcconkey.pdf

Molyneux, Stefan. 2008. “The Stateless Society: An Examination of Alternatives.”
http://www.mail-archive.com/libertarianenterprise@yahoogroups.com/msg02056.html

Murphy, Robert P. 2005. “But Wouldn’t Warlords Take Over?” July 7; http://mises.org/story/1855; http://mises.org/library/wouldnt-warlords-take-over

Oppenheimer, Franz. 1926. The State. New York: Vanguard Press

Paul, Ron. 2008. “On the Inner Contradictions of Limited Government.” http://www.youtube.com/watch?v=7o4kiWpqoeg&feature=PlayList&p=9645F6A68683F679&playnext=1&playnext_from=PL&index=4

Rockwell, Lew. 2013. “What Would We Do Without the State?” March 31;
https://www.lewrockwell.com/blog/lewrw/archives/134782.html

What Would We Do Without the State?

Rockwell, Lew. 2016. “The Trouble With Politics.” November 8;

The Fatal Flaw in Politics

Rothbard, Murray N. 1973. For a New Liberty, Macmillan, New York; http://mises.org/rothbard/newlibertywhole.asp

In the view of Rothbard (1973, emphasis added by present author): “For centuries, the State (or more strictly, individuals acting in their roles as ‘members of the government’) has cloaked its criminal activity in high-sounding rhetoric. For centuries the State has committed mass murder and called it ‘war’; then ennobled the mass slaughter that ‘war’ involves. For centuries the State has enslaved people into its armed battalions and called it ‘conscription’ in the ‘national service.’ For centuries the State has robbed people at bayonet point and called it ‘taxation.’ In fact, if you wish to know how libertarians regard the State and any of its acts, simply think of the State as a criminal band, and all of the libertarian attitudes will logically fall into place.”

Rothbard, Murray N. 1975. “Society Without a State.” The Libertarian Forum, volume 7.1, January; https://www.lewrockwell.com/rothbard/rothbard133.html

Rothbard, Murray N. 1977. “Do you hate the state?” The Libertarian Forum, Vol. 10, No. 7, July; https://www.lewrockwell.com/rothbard/rothbard75.html
“…there is no sign that David Friedman in any sense hates the existing American State or the State per se, hates it deep in his belly as a predatory gang of robbers, enslavers, and murderers. No, there is simply the cool conviction that anarchism would be the best of all possible worlds, but that our current set-up is pretty far up with it in desirability. For there is no sense in Friedman that the State – any State – is a predatory gang of criminals.”
“The radical cannot think in such terms, because the radical regards the State as our mortal enemy, which must be hacked away at wherever and whenever we can. To the radical libertarian, we must take any and every opportunity to chop away at the State, whether it’s to reduce or abolish a tax, a budget appropriation, or a regulatory power. And the radical libertarian is insatiable in this appetite until the State has been abolished, or – for minarchists – dwindled down to a tiny, laissez-faire role.”
Rothbard, Murray N. 1998 [1982]. The Ethics of Liberty, New York: New York University Press. http://www.mises.org/rothbard/ethics/ethics.asp

Paul, Ron. 2008. “On the Inner Contradictions of Limited Government.” http://www.youtube.com/watch?v=7o4kiWpqoeg&feature=PlayList&p=9645F6A68683F679&playnext=1&playnext_from=PL&index=4

Shaffer, Butler.
www.mises.org/books/wizards/pdf

Spooner, Lysander. 1966[1870]. No Treason: The Constitution of No Authority and A Letter to Thomas F. Bayard, Larkspur, Colorado: Rampart College; http://jim.com/treason.htm

Stringham, Edward, ed. 2007. Anarchy and the Law: The Political Economy of Choice, Somerset, NJ: Transaction Publishers.

Stringham, Edward. 2015. Private Governance: Creating Order in Economic and Social Life. Oxford University Press

Tannehill, Morris and Linda Tannehill. [1970] 1984. The Market for Liberty, New York: Laissez Faire Books; https://www.lewrockwell.com/orig11/tannehill1.html

Tinsley, Patrick. 1998-1999. “With Liberty and Justice for All: A Case for Private Police,” Journal of Libertarian Studies, Vol. 14, No. 1, Winter, pp. 95-100; http://www.mises.org/journals/jls/14_1/14_1_5.pdf

Wenzel, Robert. 2013. “Robert Ringer’s Strawman Anarchist.” February 2;
https://archive.lewrockwell.com/wenzel/wenzel211.html

Woods, Tom. 2014. “Four things the state is not.” July 29;

4 Things the State Is Not

private police: private army:

Gregory, 2011; Guillory, & Tinsley. 2009; Hoppe, 2011; Huebert, 2010; Murphy, 2005; Rothbard, 1973, 1975, 1998 [1982]; Stringham, 2007; Tannehills[1970] 1984; Tinsley, 1998-1999; Wiśniewski, 2014; Wollstein, 1969; Woolridge, 1970.

Gregory, Anthony. 2011. “Abolish the Police.” May 26; https://www.lewrockwell.com/gregory/gregory213.html

Guillory, Gil & Patrick Tinsley. 2009. “The Role of Subscription-Based Patrol and Restitution in the Future of Liberty,” Libertarian Papers 1, 12; http://libertarianpapers.org/2009/12-the-role-of-subscription-based-patrol-and-restitution-in-the-future-of-liberty/
Hoppe, Hans-Hermann. 2011. “State or Private Law Society.” April 10;
https://www.lewrockwell.com/hoppe/hoppe26.1.html

Huebert, Jacob. 2010. Libertarianism Today. Santa Barbara, CA: Praeger

Murphy, Robert P. 2005. “But Wouldn’t Warlords Take Over?” July 7; http://mises.org/story/1855; http://mises.org/library/wouldnt-warlords-take-over

Rothbard, Murray N. 1973. For a New Liberty, Macmillan, New York; http://mises.org/rothbard/newlibertywhole.asp

Rothbard, Murray N. 1975. “Society Without a State.” The Libertarian Forum, volume 7.1, January; https://www.lewrockwell.com/rothbard/rothbard133.html

Rothbard, Murray N. 1998 [1982]. The Ethics of Liberty, New York: New York University Press. http://www.mises.org/rothbard/ethics/ethics.asp

Stringham, Edward, ed. 2007. Anarchy and the Law: The Political Economy of Choice, Somerset, NJ: Transaction Publishers.

Tannehill, Morris and Linda Tannehill. [1970] 1984. The Market for Liberty, New York: Laissez Faire Books; https://www.lewrockwell.com/orig11/tannehill1.html

Tinsley, Patrick. 1998-1999. “With Liberty and Justice for All: A Case for Private Police,” Journal of Libertarian Studies, Vol. 14, No. 1, Winter, pp. 95-100; http://www.mises.org/journals/jls/14_1/14_1_5.pdf

Wiśniewski, Jakub Bożydar. 2014. “Defense as a private good in a competitive order” Review of Social and Economic Issues, Vol. 1, No. 1, Summer, pp. 2-35;
http://rsei.rau.ro/images/V1N1/Jakub%20Bozydar%20Wisniewski.pdf

Wollstein, Jarret B. 1969. Society Without Coercion. In Society Without Government. New York: Arno Press

Woolridge, William C. 1970. Uncle Sam the Monopoly Man, New Rochelle, N.Y.: Arlington House

Crime, punishment:

https://archive.lewrockwell.com/block/block26.html

Block, 1999, 2002-2003, 2003A, 2003B, 2004A, 2004B, 2006, 2009A, 2009B, 2011; Block, Barnett and Callahan, 2005; Gregory and Block, 2007; Kinsella, 1996; Morris, 1968; Nozick, 1981, pp. 363-373; Olson, 1979; Rothbard, 1998, 88; Whitehead and Block, 2003

Block, Walter E. 1999. “Market Inalienability Once Again: Reply to Radin,” Thomas Jefferson Law Journal, Vol. 22, No. 1, Fall, pp. 37-88; http://www.walterblock.com/publications/market_inalienability.pdf;

Block, Walter E. 2002-2003. “Berman on Blackmail: Taking Motives Fervently,” Florida State University Business Review, Vol. 3, No. 1, pp. 57-114

Block, Walter E. 2003A. “Libertarianism vs. Objectivism; A Response to Peter Schwartz,” Reason Papers, Vol. 26, Summer, pp. 39-62

Block, Walter E. 2003B. “The Non Aggression Axiom of Libertarianism,” February 17; https://archive.lewrockwell.com/block/block26.html
(15th floor flagpole)

Block, Walter E. 2004a. Austrian Law and Economics: The Contributions of Adolf Reinach and Murray Rothbard, Quarterly Journal of Austrian Economics, Vol. 7, No. 4, Winter, pp. 69-85

Block, Walter E. 2004b. “Reply to Frank van Dun’s ‘Natural Law and the Jurisprudence of Freedom,’” Journal of Libertarian Studies. Vol. 18, No. 2, Spring, pp. 65-72.

Block, Walter E. 2006. “Radical Libertarianism: Applying Libertarian Principles to Dealing with the Unjust Government, Part II” Reason Papers, Vol. 28, Spring, pp. 85-109; http://www.walterblock.com/publications/block_radical-libertarianism-rp.pdf;

Block, Walter E. 2009A. “Toward a Libertarian Theory of Guilt and Punishment for the Crime of Statism” in Hulsmann, Jorg Guido and Stephan Kinsella, eds., Property, Freedom and Society: Essays in Honor of Hans-Hermann Hoppe, Auburn, AL: Ludwig von Mises Institute, pp. 137-148; http://mises.org/books/hulsmann-kinsella_property-freedom-society-2009.pdf

Block, Walter E. 2009B. “Libertarian punishment theory: working for, and donating to, the state” Libertarian Papers, Vol. 1; http://libertarianpapers.org/2009/17-libertarian-punishment-theory-working-for-and-donating-to-the-state/

Block, Walter E. 2011. “Rejoinder to Kinsella and Tinsley on Incitement, Causation, Aggression and Praxeology” Journal of Libertarian Studies; Vol. 22, pp. 641–664; http://mises.org/journals/jls/22_1/22_1_32.pdf
http://www.constitution.org/cb/crim_pun.htm. Beccaria’s _Of Crimes and Punishments_

Block, Walter E., William Barnett II and Gene Callahan. 2005. “The Paradox of Coase as a Defender of Free Markets,” NYU Journal of Law & Liberty, Vol. 1, No. 3, pp. 1075-1095; http://tinyurl.com/2hbzd4

Kinsella, Stephen. 1996. “Punishment and Proportionality: the Estoppel Approach,” The Journal of Libertarian Studies, Vol. 12, No. 1, Spring, pp. 51-74; http://www.mises.org/journals/jls/12_1/12_1_3.pdf

Morris, Herbert. 1968. “Persons and Punishment.” The Monist. Volume 52, Issue 4: October, pp. 475 – 501; http://www.law-lib.utoronto.ca/bclc/crimweb/bboard/personsandpunishment.pdf

Nozick, Robert. 1981. Philosophical Explanations, Cambridge, MA: Harvard University Press

Olson, Charles B. 1979. “Law in Anarchy.” Libertarian Forum. Vol. XII, No. 6, November-December, p. 4; http://64.233.167.104/u/Mises?q=cache:gFT18_ZusWoJ:www.mises.org/journals/lf/1979/1979_11-12.pdf+two+teeth+for+a+tooth&hl=en&ie=UTF-8

Rothbard, Murray N. 1998. The Ethics of Liberty, New York: New York University Press. http://www.mises.org/rothbard/ethics/ethics.asp;

In the view of Rothbard (1998, p. 88, ft. 6): “It should be evident that our theory of proportional punishment—that people may be punished by losing their rights to the extent that they have invaded the rights of others—is frankly a retributive theory of punishment, a ‘tooth (or two teeth) for a tooth’ theory. Retribution is in bad repute among philosophers, who generally dismiss the concept quickly as ‘primitive’ or ‘barbaric’ and then race on to a discussion of the two other major theories of punishment: deterrence and rehabilitation. But simply to dismiss a concept as ‘barbaric’ can hardly suffice; after all, it is possible that in this case, the ‘barbarians’ hit on a concept that was superior to the more modern creeds.”

Whitehead, Roy and Walter E. Block. 2003. “Taking the assets of the criminal to compensate victims of violence: a legal and philosophical approach,” Wayne State University Law School Journal of Law in Society Vol. 5, No. 1, Fall, pp.229-254

Block, 2009A, 2009B; Kinsella, 1996, 1997; Olson, 1979; Rothbard, 1977, 1998; Whitehead and Block, 2003

Block, Walter E. 2009A. “Toward a Libertarian Theory of Guilt and Punishment for the Crime of Statism” in Hulsmann, Jorg Guido and Stephan Kinsella, eds., Property, Freedom and Society: Essays in Honor of Hans-Hermann Hoppe, Auburn, AL: Ludwig von Mises Institute, pp. 137-148; http://mises.org/books/hulsmann-kinsella_property-freedom-society-2009.pdf;
http://mises.org/books/property_freedom_society_kinsella.pdf; festschrift

Block, Walter E. 2009B. “Libertarian punishment theory: working for, and donating to, the state” Libertarian Papers, Vol. 1; http://libertarianpapers.org/2009/17-libertarian-punishment-theory-working-for-and-donating-to-the-state/

Kinsella, Stephen. 1996. “Punishment and Proportionality: the Estoppel Approach,” The Journal of Libertarian Studies, Vol. 12, No. 1, Spring, pp. 51-74; http://www.mises.org/journals/jls/12_1/12_1_3.pdf

Kinsella, Stephan. 1997. “A Libertarian Theory of Punishment and Rights,” 30 Loy. L.A. L. Rev. 607-45

Olson, Charles B. 1979. “Law in Anarchy.” Libertarian Forum. Vol. XII, No. 6, November-December, p. 4; http://64.233.167.104/u/Mises?q=cache:gFT18_ZusWoJ:www.mises.org/journals/lf/1979/1979_11-12.pdf+two+teeth+for+a+tooth&hl=en&ie=UTF-8

Rothbard, Murray N. 1977. “Punishment and Proportionality.” R. E. Barnett and J. Hagel, III (eds.), Assessing the Criminal: Restitution, Retribution, and the Legal Process. Cambridge, MA: Ballinger Publishing Co., pp. 259 270.

Rothbard, Murray N. 1998 The Ethics of Liberty, New York: New York University Press. http://www.mises.org/rothbard/ethics/ethics.asp;

In the view of Rothbard (1998, p. 88, ft. 6): “It should be evident that our theory of proportional punishment—that people may be punished by losing their rights to the extent that they have invaded the rights of others—is frankly a retributive theory of punishment, a ‘tooth (or two teeth) for a tooth’ theory. Retribution is in bad repute among philosophers, who generally dismiss the concept quickly as ‘primitive’ or ‘barbaric’ and then race on to a discussion of the two other major theories of punishment: deterrence and rehabilitation. But simply to dismiss a concept as ‘barbaric’ can hardly suffice; after all, it is possible that in this case, the ‘barbarians’ hit on a concept that was superior to the more modern creeds.”

Whitehead, Roy and Walter E. Block. 2003. “Taking the assets of the criminal to compensate victims of violence: a legal and philosophical approach,” Wayne State University Law School Journal of Law in Society Vol. 5, No. 1, Fall, pp.229-254

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2:57 pm on December 1, 2017

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Tragedy of the Commons is Indeed a Tragedy, Elinor Ostrom to the Contrary Notwithstanding

Here (reason.com/reasontv/2017/11/21/stossel-happy-thanksgiving), John Stossel relies on the tragedy of the commons in his splendid analysis of why the Pilgrims were initially starving.

Nobel Prize Winner Elinor Ostrom attacks that concept. She singles out R.J. Smith, a follower of Murray Rothbard’s, in her attack on this concept. Many mainstream economists, who should know better, have been taken in by her. She is very much mistaken, as the following indicate:

Block, Walter E. 2011. Review essay of Ostrom, Elinor. 1990. Governing the commons: The evolution of institutions for collective action. Cambridge, UK and New York, NY: Cambridge University Press; in Libertarian Papers, Vol. 3, Art. 21; http://libertarianpapers.org/2011/21-block-review-of-ostroms-governing-the-commons/

Jankovic, Ivan and Walter E. Block. 2016. “Tragedy of the Partnership: A Critique of Elinor Ostrom.” American Journal of Economics and Sociology. Volume 75, Issue 2, pages 289–318; http://onlinelibrary.wiley.com/doi/10.1111/ajes.12141/abstract; http://onlinelibrary.wiley.com/doi/10.1111/ajes.12141/full; http://onlinelibrary.wiley.com/doi/10.1111/ajes.12141/references; http://onlinelibrary.wiley.com/doi/10.1111/ajes.2016.75.issue-2/issuetoc

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11:07 pm on November 30, 2017

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Privacy Rights, Free Speech, Libertarianism, the Carpenter Case, Search Warrants, the Fourth Amendment

From: K
To: wblock@loyno.edu
Sent: Tuesday, November 28, 2017 9:13 AM
Subject: Supreme court cellphone case puts free speech – not just privacy – at risk | Opinion | The Guardian

I would love to know your thoughts on this issue of cell phone data accessibility. My initial thoughts are that we abdicate our right to privacy when we pick up our phone and make calls because we know our location and other information is not private. Should the technology providers add privacy agreement with the customers in order to gain a market advantage (Apple has made strides in that market area)? I would pay extra to know that my information is more secure. I have learned of a company in Switzerland that charges for email service but everything is well encrypted. Or maybe there is an understood contract that these technology companies are not going to sell out our information to the government???

In the article I’m copying at the bottom it says that free-speech is directly connected to this privacy issue. I kind of think that’s a stretch. We don’t live in the 1920s anymore when it was very difficult to track but journalists’ activities perhaps. In comparison to the olden days it seems to be common knowledge that investigation of the story is conducted with many more challenges to maintain secrecy until the story is revealed. Kind of a given. The article argues that free-speech of journalists is at risk by third-party technology companies. But it is also much easier for the journalist to track the activities of their story makers. I’m guess I’m writing this note to you because I have struggled with the privacy issue and have revisited your thoughts on the matter several times. As with IP, I’m afraid I am leaning more towards your views on privacy then where mine were in the past. thanks, K
https://www.theguardian.com/commentisfree/2017/nov/27/supreme-court-cellphone-data-carpenter-first-amendment

Dear K: According to this article you have sent me, “the fourth amendment … protects the right to privacy.” Here’s the fourth: “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.” Note that this word “privacy” appears nowhere in this amendment. In my view, there is no right to privacy (I even defend the Peeping Tom in my book Defending II; see below for my publications on so called privacy rights). The Carpenter case turns on whether the government needs a warrant before it can engage in a search. Since I oppose government in general, I support pretty much anything that clips its wings, and that requirement does so, so I favor it.

I see privacy as an aspect of wealth; an economic good, like cars or houses or shoes or food. Gated communities, guards, drapes, venetian blinds, are all assets that promote privacy. I have no doubt that in the free society, cell phone companies will offer extra privacy, for a price, and that many consumers will purchase this service. I don’t see how any of this has anything to do with free speech. I hope this is helpful.

Block, 1991, 2012, 2013A, 2013B, ch. 18, 2016; Block, Kinsella and Whitehead, 2006

Block, Walter E. 2016. “So-called Privacy Rights Are Incompatible with our Libertarian Philosophy.” September 23

So-called Privacy Rights Are Incompatible with our Libertarian Philosophy

Block, Walter E. 1991. “Old Letters and Old Buildings,” The Freeman Ideas on Liberty, March, pp. 96, http://www.fee.org/the_freeman/detail/old-letters-and-old-buildings/#axzz2Txojgrts;
https://fee.org/articles/old-letters-and-old-buildings-2/

Block, Walter E. 2012. “Rozeff on Privacy: A Defense of Rothbard.” December 13;

Rozeff on Privacy: A Defense of Rothbard

Block, Walter E. 2013A. “There Is No Right to Privacy.” July 13;

There Is No Right to Privacy

https://archive.lewrockwell.com/2013/07/walter-block/there-is-no-right-to-privacy/

There Is No Right to Privacy

http://libertycrier.com/walter-block-there-is-no-right-to-privacy/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+LibertyCrier+%28Liberty+Crier%29
http://www.economicpolicyjournal.com/2013/07/what-if-trayvon-martin-had-been.html;
http://www.economicpolicyjournal.com/2013/07/on-my-ignorance-and-hypocricy.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+economicpolicyjournal%2FKpwH+%28EconomicPolicyJournal.com%29;
http://us2.campaign-archive1.com/?u=7e6cc2f6072b7ebfaa847047f&id=bd7ca29173&e=cb339c58df; http://libertycrier.com/walter-block-there-is-no-right-to-privacy/

Block, Walter E. 2013B. Defending the Undefendable II: Freedom in all realms; Terra Libertas Publishing House

Chapter on the “peeping tom”:
Block, Walter E. 2013. Defending the Undefendable II: Freedom in all realms; Terra Libertas Publishing House; http://www.amazon.com/Defending-Undefendable-II-Freedom-Realms/dp/1908089377/ref=sr_1_1?ie=UTF8&qid=1379098357&sr=8-1&keywords=freedom+in+all+realms; http://www.amazon.com/Defending-Undefendable-II-Freedom-Realms/dp/1908089377/ref=sr_1_2?s=books&ie=UTF8&qid=1380679730&sr=1-2; isbn: 9781908089373; http://terralibertas.com/products/defending-the-undefendable-ii-freedom-in-all-realms-hardcover; https://archive.lewrockwell.com/2013/12/robert-wenzel/top-book-picks-of-2013/; http://www.amazon.co.uk/Defending-Undefendable-II-Freedom-Realms/dp/1908089377/ref=sr_1_1?s=books&ie=UTF8&qid=1387741833&sr=1-1&keywords=Defending+the+Undefendable+II%3A+Freedom+in+All+Realms; http://www.librarialibertas.com/economie/defending-the-undefendable-ii-freedom-in-all-realms-hardcover.html; http://mises.org/daily/6624/Walter-Block-Is-Still-Defending-the-Undefendable; https://archive.lewrockwell.com/2014/01/mark-thornton/still-defending-the-undefendable/; http://mises.org/journals/qjae/pdf/qjae17_1_6.pdf
http://www.amazon.co.uk/gp/offer-listing/1908089377

Block, Walter, Stephan Kinsella and Roy Whitehead. 2006. “The duty to defend advertising injuries caused by junk faxes: an analysis of privacy, spam, detection and blackmail.” Whittier Law Review, Vol. 27, No. 4, pp. 925-949; http://www.walterblock.com/wp-content/uploads/publications/block-etal_spam_whittier-2006.pdf; http://www.walterblock.com/wp-content/uploads/2009/06/faxesduty.pdf

September 20, 2013. Guillermo Jimenez, gjimenez@tracesofreality.com; Skype: tracesofreality; RBN Producer; 800-313-9443; the philosophy of libertarianism, anarcho-capitalism, stateless order, bitcoin, rights to privacy; http://tracesofreality.com/2013/09/20/tor-radio-09202013-walter-block-on-the-fed-qe-infinity-bitcoin-and-anarchy/

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6:18 pm on November 29, 2017

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