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Listen Libertarians! Concluding Part V

June 21, 2012 by admin

In this fifth and concluding part of the review of John Tomasi’s book Free Market Fairness, we look at the invisible hand mechanism of the property system (in contrast to the usual price system) which seems to be invisible to liberal scholars and social scientists since it does not give a satisfactory “account” of the current economic system based on the renting of human beings.

Filed Under: Main Blog Tagged With: Economic Theory, Fatal Flaws, Friedrich von Wieser, Hume, Intellectual history, invisible hand mechanisms, invisible judge, John Bates Clark, Legal Theory, Libertarianism, Locke, Political Economy, Political Theory, spontaneous orders

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