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David Gordon



Articles by David Gordon

The Taxman Cometh

5 days ago

Philip Goff wants to solve the why of the universe, but his answers are not always logically coherent, as David Gordon explains.
Original Article: The Taxman Cometh

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The Unknown Reasoner

8 days ago

How States Think: The Rationality of Foreign Policyby John J. Mearsheimer and Sebastian RosatoYale University Press, 2023; 304 pp.
How States Think surprised me. John Mearsheimer is a well-known critic of American foreign policy, and his analysis of the Ukraine war has been deservedly influential. As result, I anticipated that this book would expand his critique. The book does contain some critical discussion of American foreign policy, but, for the most part, the aims of Mearsheimer and his coauthor, Sebastian Rosato, lie elsewhere.
They endeavor to show that most of the time states are rational actors in their relations with one another, and their arguments for this thesis take them into areas that students of Austrian economics will find of great value. Their

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Bourne Again

15 days ago

In his new book Only a Voice: Essays (Verso, 2023), the critic and essayist George Scialabba brings to our attention the wisdom of two authors who analyzed the dangers of war: Randolph Bourne and Dwight Macdonald. In this week’s column, I’d like to discuss what Scialabba says about them.
Bourne will be a familiar name to many readers owing to Murray Rothbard’s praise of him, but he was not a libertarian. Like John Dewey, he was a Progressive and a pragmatist who looked forward to “scientific management” as the way to solve America’s social problems. Scialabba describes Bourne’s view in this way:
In the experimental, antidogmatic, and—not least important—communal character of scientific practice, pragmatists beheld the image of a possible future. Dewey had shown,

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Exposing Our Fed-Driven Bubble Economy

29 days ago

The Great Money Bubble: Protect Yourself from the Coming Inflation Stormby David A. StockmanHumanix Books, 2022; 229 pp.
David Stockman served for a short while as budget director during Ronald Reagan’s first term as president, but he soon resigned owing to Reagan’s refusal to cut government spending. He has since that time worked as a private investment adviser, at which difficult profession he has been highly successful, and he has written a number of books, among which the monumental Great Deformation (Public Affairs Press, 2013), is the most notable. The Great Money Bubble contains many vital lessons about money and macroeconomics, and in what follows I’ll discuss a few of these. But I’m not able to assess one part of the book.
Stockman identifies a common

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Is a Welfare State Consistent with Libertarianism?

November 8, 2023

David Gordon reviews Dan Moller’s book Governing Least: A New England Libertarianism, in which the author examines the issue of a welfare state in a libertarian society.
Original Article: Is a Welfare State Consistent with Libertarianism?

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Blaming the Free Market (Even Where It Doesn’t Exist)

November 3, 2023

Critics of the free market often aim at the wrong target. They assail the market for “failures” that are actually the result of government intervention in the economy. In this week’s column, I’d like to discuss an example of this mistake in Angus Deaton’s Economics in America (Princeton, 2023).
Deaton was the winner of the 2015 Nobel Prize for economics, about which he says:
As many previous recipients have reported, the experience is both exhilarating and overwhelming. I often think of the story of the dog that liked to chase buses but had little idea of what it would be like to catch one. The Nobel is not just catching the bus but being run over by it. Over and over again.
As you will have gathered, Deaton is very funny. In a section of the book called “Trying

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Rothbard on Suits for Defamation

October 30, 2023

David Gordon explains Murray Rothbard’s famous assertion that laws against libel and slander should not be on the books.
Original Article: Rothbard on Suits for Defamation

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Rothbard on Suits for Defamation

October 13, 2023

Murray Rothbard often shows an unusual ability to counter an objection to something he says by showing that the objection actually supports his view. In this week’s column, I’d like to discuss one example of this. Rothbard believes that libel and slander should not be crimes or torts. If he is right, people shouldn’t be fined or imprisoned for defaming people or be subject to a civil suit for damages resulting from this.
A common objection is that this would allow people to spread lies about others that could severely damage their reputation with complete impunity. To be clear, Rothbard’s position isn’t just that you should be able to say or write what you want about people so long as you believe what you said, or at least think it might be true. He says that

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Can We Find a Basis for Private Property Rights?

October 10, 2023

While Murray Rothbard believed that self-ownership formed the basis for private property rights, other philosophers disagree.

Original Article: Can We Find a Basis for Private Property Rights?

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Living Libertarian: Brief Biographies

September 29, 2023

Libertarian Autobiographies: Moving toward Freedom in Today’s Worldedited by Jo Ann Cavallo and Walter E. BlockPalgrave Macmillan, 2023; xx + 533 pp.
Jo Ann Cavallo and Walter Block have done those interested in libertarianism a great service, but they have set the reviewer of their book an impossible task. They have gathered together eighty short accounts in which well-known libertarians describe their various paths toward their political and economic beliefs. In the space I have available, I cannot comment on all of these accounts. Instead, I’ll discuss a few topics that come up in them. But I must issue a warning. My selection is influenced by my own interest in philosophy.
Gerard Casey was attracted by the intellectual power of Ludwig von Mises’s a priori

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Understanding Hegel from a Straussian Viewpoint

September 26, 2023

While Leo Strauss did not share G.W.F. Hegel’s acceptance of historicism, nonetheless he gives Hegel a sympathetic review. David Gordon takes a closer look at both men.

Original Article: Understanding Hegel from a Straussian Viewpoint

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“Social Justice” Is Neither Social nor Just

September 22, 2023

Social Justice Fallaciesby Thomas SowellBasic Books, 2023; 224 pp.
Thomas Sowell has given us a penetrating criticism of the approach to justice taken by many political philosophers, especially John Rawls and his innumerable followers. He says that they construct an image of the way society ought to be but fail to ask whether their plans are feasible. His criticism is well-taken, although he does not offer an adequate account of the rights that people have.
He says about Rawls:
In much of the social justice literature, including Professor John Rawls’ classic A Theory of Justice, various policies have been recommended, on grounds of their desirability from a moral standpoint—but often with little or no attention to the practical question of whether those policies

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A Procapitalist Philosopher

September 8, 2023

Most contemporary political philosophers view free market capitalism with suspicion, if not outright loathing, but one exception is Gerald Gaus, who taught for many years at the University of Arizona. Gaus was by no means a Rothbardian but rather worked within the framework of “public reason” set forward by John Rawls, though Gaus greatly modified it. In this week’s column, I’d like to discuss some of the arguments about property that Gaus makes in Public Reason and Diversity: Reinterpretations of Liberalism (Cambridge University Press, 2022), a posthumous collection of his essays edited by his student Kevin Vallier.
The arguments about property that I’m going to discuss don’t depend on the “public reason” approach and are of great value to those who take other

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Slobodian Contra Rothbard

September 6, 2023

Crack-Up Capitalism will be of interest to many readers of The Austrian because of what it says about Murray Rothbard; and for the most part, I shall limit my review to discussing this. The main point of the book is easy to grasp. In recent decades, the notion of a centralized state has come under fire in various ways, including attempts to secede, to create “enterprise zones” within states, and to establish societies without a state at all. Quinn Slobodian, a professor of the history of ideas at Wesleyan University, does not approve of these developments. They replace democracy with control by capitalists, who exploit workers by offering them low wages and suppressing labor unions and civil liberties.
Although Slobodian teaches the history of ideas, his own ideas

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Deneen’s Common Good Statism

September 5, 2023

It’s likely that many readers of The Austrian support the free market and also support “traditional” social values, but in Patrick Deneen’s opinion, this is an unstable amalgam. Deneen, a political theorist who teaches at Notre Dame, thinks that the market undermines tradition and that those of us who resist the “woke” Left and want to preserve tradition ought to abandon what he sees as an uncritical devotion to the market.
Deneen says that classical and medieval political philosophy recognized that an objective good exists and posited that a political system must take account of the interests of both the few and the many. Liberalism, which comes in classical and progressive varieties, by contrast aims primarily to advance the interests of the elite, and, put into

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Understanding Hegel from a Straussian Viewpoint

September 1, 2023

This book offers an account of Hegel that will surprise many readers—at least it surprised me. The political philosopher Leo Strauss often criticized “historicism,” the view that human beings do not have a fixed nature or essence. Instead, as José Ortega y Gasset put it, “Man, in a word, has no nature; what he has is—history.” G.W.F. Hegel was one of the foremost historicists, so you might expect Strauss to attack him. But, although he does suggest that Hegel’s philosophy has problems, his presentation is sympathetic.
In this week’s column, I’m going to comment on a few points of interest, but first I should say something about the book itself. It is a transcript of a seminar on Hegel’s Philosophy of History that Strauss offered at the University of Chicago in

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Outside the Universe?

August 6, 2023

David Gordon take a critical look at Markus Gabriel’s Moral Progress in Dark Times, and although he finds parts that are disturbing, he also discovers important areas of agreement.

Original Article: "Outside the Universe?"

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Praxeology with Good Huemer

August 4, 2023

Michael Huemer has made my life easier. One of my tasks at the Mises Institute is to teach praxeology to students, and doing so involves explaining a priori knowledge (i.e., what we can know just by thinking about it), a notion which many students find difficult to grasp. The task becomes even harder when you add that the a priori knowledge in question is “synthetic” knowledge that isn’t analytically true but that we can still know to be true just by thinking about it.
In order to accept synthetic a priori knowledge, must we embrace Immanuel Kant’s notoriously difficult theory of knowledge? If we decline to do so, Murray Rothbard has an alternative way to justify synthetic a priori knowledge; he appeals to Aristotelian essences, or natures. I follow him in this,

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Outside the Universe?

July 14, 2023

Moral Progress in Dark Times: Universal Values for the 21st Century by Markus Gabriel, translated by Wieland Hoban Polity Press, 2022; xii + 281 pp.
It would be easy to give this book a negative review, as it advocates a number of policies that from our standpoint are wrongheaded. Gabriel is especially alarmed by the dangers of “climate change” and also extols the spirit of cooperation that the German people displayed in acceding to the necessary measures to cope with the coronavirus pandemic (the book is a translation of a German work that was published in 2020, when panic about the virus was at its height).
The temptation to toss the book aside is difficult to resist when we learn that
in Germany we rely on the state as a vehicle of moral progress—an idea that

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Misreading Mill

June 16, 2023

In his just-published book Regime Change: Toward a Postliberal Future (Sentinel, 2023), the political theorist Patrick J. Deneen indicts modern liberalism, in which he includes both classical liberalism and progressive liberalism. One of his main charges against liberalism is that it rejects the view, taught both by Christianity and classical political philosophy, that true liberty consists of virtuous conduct. In this view, people must hold their passions in check in order to be truly free. Modern liberalism thinks otherwise, claims Deneen, substituting individual autonomy for virtue. According to modern liberalism, assertions that there is an objective good to be discerned, rather than chosen, are mistaken.
Deneen sees John Stuart Mill’s On Liberty (1859) as a

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Edmund Phelps on Egalitarianism

June 14, 2023

The classical liberal economist Edmund Phelps wants government to aid poor people, but he clearly is not an egalitarian. His philosophy would be unacceptable to today’s "woke" egalitarians.

Original Article: "Edmund Phelps on Egalitarianism"

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Don’t Get on the Nationalist Bus

June 13, 2023

Like so many others in the "national greatness" movement, Christopher Buskirk understands some of the problems the country faces but fails to grasp the solutions.

Original Article: "Don’t Get on the Nationalist Bus"

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Rothbard on Utilitarianism

June 9, 2023

No matter how many times you have read a book by Ludwig von Mises or Murray Rothbard, you will find new insights if you read the book again. I found this to be true when preparing for Rothbard Graduate Seminar (RGS) this year. One of our readings was Rothbard’s For a New Liberty, and this year some of Rothbard’s arguments that I hadn’t concentrated on before attracted my attention. Usually, if you are looking for Rothbard’s views on ethics, Ethics of Liberty is the place to go, but there are some points in For a New Liberty that are different. I’m going to discuss some of Rothbard’s arguments in this week’s column.
One of the most interesting of these arguments is this:
The utilitarians declare, from their study of the consequences of liberty as opposed to

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There’s No Place like Noam

June 2, 2023

Noam Chomsky’s latest offering—a series of interviews—presents the best (and worst) of one of America’s premier public intellectuals.

Original Article: "There’s No Place like Noam"

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Edmund Phelps on Egalitarianism

June 2, 2023

The eminent economist Edmund Phelps is a “liberal” in the modern sense, not a libertarian, but in his recent book My Journeys in Economic Theory (Columbia University Press, 2023), he makes a number of points that those of us who are libertarians will find useful.
Opponents of rights-based libertarianism like Andrew Koppelman in his book Burning Down the House say that without government welfare programs, the poor would perish. This outcome is fine with libertarians, Koppelman thinks. Those who can’t take care of themselves deserve to die. Supporters of the free market respond, however, that private charity would not be lacking in a free society.
Phelps points out that people voluntarily donate substantial amounts of money to charity:
Standard economic theories

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The Attack on the Western Tradition

June 1, 2023

[This article is adapted from a lecture delivered at the Reno Mises Circle in Reno, Nevada. on May 20, 2023.]
We are faced today with a concentrated attack on the great thinkers of the Western tradition, who are dismissed as “dead white European males.” Robert Nozick used to say that what offended him most in this phrase was the word “dead.” It’s not nice to beat up on people who can’t fight back because they are no longer here! But the attack I’m talking about is no joke. A free society depends on certain principles, and Western thinkers played a major role in their development, though they have counterparts in other civilizations as well. And there is something even more essential. In order to find out about the principles of a free society, we need to think. We

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Don’t Get on the Nationalist Bus

May 26, 2023

America and the Art of the Possible: Restoring National Vitality in an Age of Decayby Christopher BuskirkEncounter Books, 2023; xxv + 162 pp.
Christopher Buskirk is the publisher and editor of the magazine American Greatness, and the title of that magazine, like that of the book, shows his principal concern. How can the American people regain the sense of optimism and purpose which we once had but have now lost?
Buskirk says that in
the public sphere, civilizational vitality is shown in a capacity for collective action, which is rooted in what the fourteenth-century Arab philosopher Ibn Khaldun called asabiyya. This concept can be understood as social cohesion, national or civilizational purpose, a feeling of being in it together and for the same reasons. (p. xi)

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The Men Who Made the West

May 23, 2023

Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left.
Recorded at The Depot Craft Brewery & Distillery in Reno, Nevada on May 20th, 2023.

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