Tag: Austrian Economics

Robert Nozick’s Anarchy, State, and Utopia — at 50

Fifty years ago, Robert Nozick opened his most famous work, Anarchy, State, and Utopia (ASU), with the following words: “Individuals have rights, and there are things no person or group may do to them (without violating their rights). So strong and far-reaching are these rights that they raise the...

Extreme Economies – an EconTalk Podcast

Over the past year or so, I’ve gotten into the habit of regularly listening to EconTalk podcasts when I’m driving. Hosted by Professor Russ Roberts and made possible by Liberty Fund, each episode typically features an author discussing their work – with Russ helping draw out the key themes...

Reading “I, Pencil” … at the Pencil Museum!

Leonard E. Read’s 1958 classic essay, I, Pencil, is a must read for anyone interested in how markets function. In a few pages, I, Pencil: My Family Tree as Told to Leonard E. Read (to give it it’s full title) demonstrates the truth of what appears to be an absolutely absurd...