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The 14th Amendment guarantees liberty and equal protection to every American. Do state laws prohibiting same-sex marriage violate that amendment? Is the federal government’s refusal to recognize a marriage that is legal in a state federal overreach? The U.S. Supreme Court is expected to decide the answers to these questions by the end of June […]
Do you think that a majority vote is always the fairest way to reach a consensus? Think again! In this Learn Liberty video, Professor Diana Thomas illustrates a paradoxical outcome that arises when people vote on three or more items – known as Condorcet’s Paradox – and proves that it is quite easy to […]
Why is it so difficult for young people to find jobs today? Professor Carrie Kerekes offers three reasons. 1. Mismatch of skills: Many young people may lack the skills employers desire or require. They may have college degrees but not in fields where jobs are available. Government may help subsidize college costs, but getting a […]
The United States abandoned the gold standard completely in 1974. Professor Lawrence H. White discusses what the gold standard was, why it was abandoned, and whether abandoning it was a good idea. The gold standard meant that currency could be redeemed by banks for gold. The dollar had a set value that it retained. If […]
What can we learn about markets from a WWII POW camp? According to British economist R. A. Radford, POWs found that rather than give away unwanted rations to other POWs, “goodwill developed into trading as a more equitable means of maximizing individual satisfaction.” Professor Michael C. Munger explores what makes exchange more equitable than simply […]
Many people have been talking about job creation lately, especially politicians. But is government the best creator of jobs? And is job creation the best thing for the economy? Professor Steve Horwitz explains that there is a difference between creating jobs and creating wealth. It would be easy to create millions of jobs overnight. For […]
Harvard Lecture On Libertarianism – Liberty Crier. Part 1 Part 2
Over at LewRockwell.com a writer discusses Chapter 15, A Strategy For Liberty, in Murray Rothbard’s For A New Liberty, the entire audiobook can be listened to here. The title of this post is taken from chapter 15 of Murray Rothbard’s “For a New Liberty: The Libertarian Manifesto.” Throughout the book, Rothbard has laid out the case […]