Economist and historian Lawrence W. (“Larry”) Reed is president emeritus, Humphreys Family Senior Fellow, and Ron Manners Global Ambassador for Liberty at the Foundation for Economic Education (FEE) ...

Since its publication in 1958, Leonard Read’s short essay, “I, Pencil,” has helped millions better understand the magic of ...

Libertarians believe that, in politics, liberty is the most important value. Almost everyone wants freedom for themselves, but a libertarian also seeks to protect and expand the freedom of others.

In 1958, Leonard Read gave the world a deceptively simple parable: “I, Pencil.” In the humble voice of an ordinary wooden pencil, Read explained how something so unremarkable in daily life could only ...

Prosperity and property rights are inextricably linked. The importance of having well-defined and strongly protected property rights is now widely recognized among economists and policymakers. A ...

In the United States, Mussolini’s March on Rome (1922) inspired self- reflection and visions for the near future. In late October, 1922, Benito Mussolini followed a column of 30,000 “Black Shirts” ...

Libertarianism, and the classical liberalism from which it sprang, supports a strictly limited state, if indeed its adherents recognize the legitimacy of the state at all. The minimal state is a ...

While Karl Marx hated Pierre- Joseph Proudhon and his philosophy of mutualism, a libertarian can find in it much to appreciate. Although Herbert Spencer has been rightly regarded as the most ...

Spooner argues in this radical essay that the Constitution, which he frames as a legal contract, is not binding. The Constitution has no inherent authority or obligation. It has no authority or ...

The origin of the idea that liberty could be preserved through the separation of powers endures through the arguments of Polybius. Paul Meany is the editor for intellectual history at Lib er tar i an ...

Spontaneous order theory is properly located in the history of social science. Indeed, the only part of social theory that can genuinely be said to be scientific derives from it. This scientific ...