June 2024 ISSUE

Self-Governance As Co-Production of Rules

By Vlad Tarko

Elinor Ostrom Introduction The commons are the typical example in which self-interested individual actions do not aggregate into beneficial collective outcomes, as judged by members of the community themselves. They are the main counter-example to Adam Smith's log...

Entrepreneurial Failure: Fault or Feature?

By John Estill

While much has been written about entrepreneurship in business and economics publications, much less has been written about entrepreneurial failure. Some writers in the popular press have interesting things to say, such as Megan McArdle's The Up Side of Down: Why Failin...

Henry George: An Exploration of Some Consequences to Taxing Only Land

By Paul Forrester

Henry George A Liberty Classics Book Review of Progress and Poverty, by Henry George.1 Henry George's Progress and Poverty (1879) was among the most important and widely read books published in the 19th century, but George's work and the single tax movemen...

Helmut Schoeck’s Envy: A Theory of Social Behaviour

By Art Carden

A Liberty Classic Book Review of Envy: A Theory of Social Behaviour by Helmut Schoeck.1 I've been such a fool, Vassili. Man will always be man. There is no new man. We tried so hard to create a society that is equal, where there'd be nothing to ...

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