Independent Review articles from June 2001

Independent Review archives from June 2001

Frank Knight and original sin.(Critical Essay)
June 22, 2001... Many people would say that John Maynard Keynes made a greater impact on the history of the twentieth century than any other economist. Yet it would not be farfetched to suggest that Frank H. Knight deserves to be ranked with Keynes in this...

From socialism to the market economy: postwar West Germany versus post-1989 East Bloc.(Review)
June 22, 2001... Socialist writers all presume that socialist institutions can bring about a "just" society. This premise has provided both the philosophical foundation and the political justification for the practitioners of socialism to replace individual...

Money, central banking, and monetary policy in the global financial arena.
June 22, 2001... Economists talk about producing output of goods and services from inputs of land, labor, and capital, where capital is taken to mean tools, machines, buildings, and so on. We say that productivity, or productive efficiency, improves when the...

World regulations and harmonization.
June 22, 2001... The analysis of world regulations and harmonization is a challenge for someone who does not--as I do not--accept regulations or believe in so-called public goods. However, we have to concede that it is increasingly accepted that globalization...

From Smith to Monger to Hayek: liberalism in the spontaneous-order tradition.
June 22, 2001... Lately, thinkers from both the political left and the political right have increasingly been making critical comments about the Enlightenment and the political liberalism normally associated with it. Many of these criticisms center around the...

A Utopia? government without territorial monopoly. (Vision).
June 22, 2001... We normally take it for granted that each government has a particular territory and that each territory belongs to a particular government. Yet this identification of government with territory need not be the case. In important instances, it...

This is not your father's FBI: the X-Files and the delegitimation of the nation-state. (Culture Watch).
June 22, 2001... I think The X-Files is very nineties, because everything is left in doubt. There's no closure, no answers.... Obviously it's tapping in to something the nation wants. I think it has to do with religious stirrings--a sort of New Age yearning for...

An Enemy of the State: the life of Murray N. Rothbard.(Critical Essay)
June 22, 2001... An Enemy of the State: The Life of Murray N. Rothbard By Justin Raimondo Amherts, N.Y.: Prometheus Books, 2000. Pp. 400. $35.00 cloth In his 1992 inaugural address as president of the paleoconservative John Randolph Club, Murray...

Escape from Leviathan: Liberty, Welfare and Anarchy Reconciled.
June 22, 2001... Escape from Leviathan: Liberty, Welfare and Anarchy Reconciled By J. C. Lester New York: St. Martin's Press, 2000. Pp. xi, 246. $59.95 cloth. J. C. Lester's Escape from Leviathan is a bracing book. It begins: "There is only one...

Democratic Devices and Desires.
June 22, 2001... Democratic Devices and Desires By Geoffrey Brennan and Alan Hamlin New York: Cambridge University Press, 2000. Pp. x, 267. $54.95 cloth, $22.95 paper My main complaint about Geoffrey Brennan and Alan Hamlin's new book is its...

Policies, Institutions and the Dark Side of Economics.
June 22, 2001... Policies, Institutions and the Dark Side of Economics By Vito Tanzi Cheltenham, England: Edward Elgar, 2000. Pp. xi, 282. $95.00 cloth. As if being labeled dismal were not sufficient insult, Vito Tanzi now tells us that economics...

American Compact: James Madison and the Problem of Founding. (Book Reviews).
June 22, 2001... American Compact: James Madison and the Problem of Founding By Gary Rosen Lawrence, Kan.: University Press of Kansas, 1999. Pp. 232. $29.95 cloth. Gary Rosen's American Compact is part of a trend in the history of political...

Rethinking the New Deal Court: the Structure of a Constitutional Revolution.
June 22, 2001... Rethinking the New Deal Court: The Structure of a Constitutional Revolution By Barry Cushman New York: Oxford University Press, 1998. Pp. viii, 320. $24.95 paper Do we really need another book on the constitutional revolution of...