Tag: England

George Selgin’s Good Money Now in Paperback »

The Independent Institute is delighted to announce the publication of the paperback edition of George Selgin’s Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775–1821, winner of the 2009 Bronze Medal IPPY Award. It has long been maintained that governments alone are fit to coin money, but the...
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Book Champions Market-Based Law and Justice »

The provision of justice and security has long been linked in most people’s minds to the state. But are the state’s monopolies on lawmaking and law enforcement really necessary? Those who say “yes” typically assume that any alternative arrangement for law and order would favor the rich at the expense of the poor—or would...
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War on Terror Is Bad for Economy »

President Obama’s Jobs and Competitiveness Council released five “fast-action” recommendations for things the government can do that will result in 1 million jobs on a near-term basis. Among the ideas was: Boost jobs in travel and tourism. This industry is one of America’s largest employers, but the United States has lost significant market share....
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Brit jailed for burning the Koran »

The Daily Mail (U.K.) reports that a British National Party candidate was jailed for burning a copy of the Koran. He was charged with violation of section 29 of the Public Order Act. Under this statute, “A person who uses threatening words or behaviour, or displays any written material which is threatening, is guilty...
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You Must Own This Book: Great Wars and Great Leaders »

Anyone who thinks that they know anything about World War I, Harry S Truman, or Winston Churchill should first read Great Wars and Great Leaders: A Libertarian Rebuttal by Ralph Raico. Once they do, they might realize just how little they really know. I have taught and researched American history for a quarter century...
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Student Riots in Britain: Very Disturbing »

You probably have seen stories like this about student riots in Britain last week protesting tuition hikes. The hikes are fairly substantial, roughly tripling the tuition students will be asked to pay. What I find unsettling about this is that people in what we think of as a very civilized country that recognizes individual...
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This Week in The Lighthouse: Britain’s Budget Cuts, Nationalizing Marriage, Privatize Police, Entrepreneurship »

As usual, this week’s Lighthouse deals with a wide range of topics, including British Prime Minister David Cameron’s efforts to slash public spending (Alvaro Vargas Llosa), same-sex marriage in California (William J. Watkins, Jr.), the virtues of private policing (Bruce L. Benson), and the importance of entrepreneurship (David J. Theroux). Here are links to...
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C.S. Lewis on Mere Liberty and the Evils of Statism, Part 3 (Final) »

Here Is the Final Part Continued from Part 2: Part 1 Scientism For Lewis, science should be a quest for knowledge, and his concern was that in the modern era science is too often used instead as a quest by some for power over others. Lewis did not dispute that science is an immensely...
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C.S. Lewis on Mere Liberty and the Evils of Statism, Part 2 »

Continued from Part 1: Part 3 Moral Relativism and Utilitarianism Of central importance in Lewis’s discussion of natural law is his critique of the moral relativism of utilitarianism (“the end justifies the means”) as a theory of ethics and guide to behavior. Lewis claimed that the precepts of moral ethics cannot just be innovated...
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The Pursuit of Justice and Private Interests in the Law »

This is the third in a series of posts on my new book, The Pursuit of Justice: Law and Economics of Legal Institutions. In this post I will discuss how the law evolves instrumentally — that is, to serve private interests rather than the public interest. Law is often assumed to be a public...
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