Liberty Review

A Project of Liberty Fund

Crisis and Belief: Confirmation Bias and the Behavioral Political Economy of Recession

PETRIK RUNST
CONSTITUTIONAL POLITICAL ECONOMY (2014): ADVANCED ONLINE PUBLICAITON. DOI 10.1007/s10602-014-9167-x

Abstract: The link between crisis and permanent increases in public spending has been investigated from the perspective of interest groups, bureaucratic growth, etc., while a demand perspective, i.e. the question of changing voter preferences, has been ignored. Read the rest of this entry »

Filed under: Economics, Politics

Coercion and Public Justification

COLIN BIRD
POLITICS, PHILOSOPHY & ECONOMICS 13.3 (2014): 189-214

Abstract: According to recently influential conceptions of public reasoning, citizens have the right to demand of each other ‘public justifications’ for controversial political action. On this view, only arguments that all reasonable citizens can affirm from within their diverse ethical standpoints can count as legitimate justifications for political action. Read the rest of this entry »

Filed under: Philosophy

Libertarian Administrative Law

CASS R. SUNSTEIN, ADRIAN VERMEULE
AVAILABLE AT SSRN: http://ssrn.com/abstract=2460822

Abstract: In recent years, several judges on the nation’s most important regulatory court — the United States Court of Appeals for the District of Columbia Circuit — have given birth to libertarian administrative law, in the form of a series of judge-made doctrines that are designed to protect private ordering from national regulatory intrusion. Read the rest of this entry »

Filed under: Law

Summer 2014 Issue Now Available

Print issues include a selection of our blog entries from the past six months, the last three lead essays from Liberty Matters, and a list of books of note for the year. Summaries are organized in four broad categories: 1) History of Political and Social Thought; 2) Law and Political Philosophy; 3) Economics and Politics; and 4) History, Literature, and Society.

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Filed under: Arts & Literature, Economics, Education, History, Law, Philosophy, Political Theory, Politics, Religion, Society

Testing Two Explanations of the Liberal Peace: The Opportunity Cost and Signaling Arguments

NAM KYU KIM
THE JOURNAL OF CONFLICT RESOLUTION 58.5 (2014): 894-919

Abstract: Considerable evidence suggests that economic interdependence and integration reduce the likelihood of militarized conflict. However, scholars have devoted remarkably scant attention to testing different explanations of the liberal peace. Read the rest of this entry »

Filed under: Politics

Addressing Global Environmental Externalities: Transaction Costs Considerations

GARY D. LIBECAP
JOURNAL OF ECONOMIC LITERATURE 52.2 (2014): 424-479

Abstract: Is there a way to understand why some global environmental externalities are addressed effectively, whereas others are not? The transaction costs of defining the property rights to mitigation benefits and costs is a useful framework for such analysis. Read the rest of this entry »

Filed under: Economics, Politics

Summaries Archive

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Between Monopoly and Free Trade: The English East India Company, 1600-1757. Emily Erikson. Princeton University Press. 2014

The English East India Company was one of the most powerful and enduring organizations in history. Between Monopoly and Free Trade locates the source of that success in the innovative policy by which the Company’s Court of Directors granted employees … Continue reading

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Libertad y Orden en la Filosofía Política Kantiana. Acerca de los Límites del Uso Público de la Razón en El conflicto de las Facultades

ILEANA BEADE ISEGORÍA. REVISTA DE FILOSOFÍA MORAL Y POLÍTICA 50 (2014): 371-392 En este trabajo proponemos examinar una doble exigencia formulada por Kant en El conflicto de las Facultades –a saber, la exigencia de libertad y la exigencia del orden–, … Continue reading

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