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A Dilemma For Libertarianism, Karl Widerquist

Karl Widerquist

This article presents a dilemma for libertarianism. It argues that libertarian principles of acquisition and transfer without regard for the pattern of inequality do not support a minimal state, but can lead just as well to a monarchy with full the full power of taxation without violation of self-ownership. The article considers and rejects several ways in which libertarianism might try to argue against a monarchy. Once the government ownership of property is shown to be consistent with just acquisition and transfer of property rights, monarchy, socialism, or state-managed capitalism can be seen as patterns of the distribution of property …

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Keeping The Global Recession In Perspective, Karl Widerquist

Karl Widerquist

The global recession has been spreading and deepening for nearly a year. It could become the worst downturn since the Great Depression of the 1930s, and it has captured nearly all of the attention we, our media, and our leaders pay to economic issues. Perhaps we’re paying too much attention to it. I want to convince you in this editorial that a recession—even a major depression—is not an economic problem of the first magnitude. Our most pressing economic problems are distribution, and they exist whether we are in recession or not. Recessions appear to be a major problem primarily because …

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The Economic Lesson Of 1938, Karl Widerquist

Karl Widerquist

Economic events of 1938 are relevant to our handling of the global recession today.

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A Dilemma For Libertarianism, Karl Widerquist

Karl Widerquist

Keeping The Global Recession In Perspective, Karl Widerquist

Karl Widerquist

The Economic Lesson Of 1938, Karl Widerquist

Karl Widerquist