David R. Henderson

Robert Heilbroner on socialism’s mandatory labor

Robert Heilbroner was the most famous American socialist intellectual of the 20th century. His The Worldly Philosophers sold millions, making it the second-best-selling economics textbook of all time. In my Business and Economic Ethics course, we read and discuss one of his articles. Here is Heilbroner, writing in 1980, about who owns what under socialism: […]

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The surprising origin of “the dismal science” [Slavery versus Free-market capitalism]

Reprising from my interview with economist David Henderson: I asked him how economics came to be called the “dismal science.” The source, he explained, was Thomas Carlyle, the nineteenth-century historian and essayist. The surprising reason for his coining the phrase? Carlyle was attacking free-market liberals for advocating the end of slavery. Free-market liberals argued that

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Bleeding-heart libertarianism?

Jumping into the debate about “bleeding-heart libertarianism” (Matt Zwolinski and John Tomasi, Bryan Caplan and again, David Friedman, David Henderson, and others), which seeks to integrate libertarianism with social justice. “Social justice” is one of those vaguely-specified, usually suspect phrases, defined by one defender of BHL as the position that “the moral justification of our

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Profiles in Liberty: Douglas B. Rasmussen

In this extended interview, philosopher Douglas B. Rasmussen responds to a series of questions (listed below) about his life and work. Dr. Rasmussen is a professor of philosophy at St. John’s University in New York. In addition to the books discussed in the interview, he is the author of articles in American Philosophical Quarterly, The

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