Results for 'market anarchy'

257 found
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  1. The Free Market Model Versus Government: A Reply to Nozick.John T. Sanders - 1977 - Journal of Libertarian Studies 1 (1):35-44.
    In Anarchy, State and Utopia, Robert Nozick argues, first, that free-market anarchism is unstable -that it will inevitably lead back to the state; and, second, that without a certain "redistributive" proviso, the model is unjust. If either of these things is the case, the model defeats itself, for its justification purports to be that it provides a morally acceptable alternative to government (and therefore to the state). I argue, against Nozick's contention, that his "dominant protection agency" neither meets (...)
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  2.  39
    “Book Review: Libertarian Quandaries“. [REVIEW]Aiden P. Gregg - unknown
    Libertarian Quandaries is a slim volume of tight reasoning that makes a resolute case for libertarianism. Libertarianism is “the social philosophy that identifies individual liberty as the most fundamental social value, and by extension treats moral cooperation as the only morally permissible form of social interaction.” More specifically, the book is a compendium of concise rebuttals to commonplace counterarguments advanced against libertarianism. It attempts to show that libertarianism withstands wide-ranging criticisms in principle, but also that it can be implemented in (...)
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  3.  22
    “Book Review: Libertarian Quandaries". [REVIEW]Aiden P. Gregg - 2016 - Libertarian Papers 8:319-327.
    Libertarian Quandaries is a slim volume of tight reasoning that makes a resolute case for libertarianism. Libertarianism is “the social philosophy that identifies individual liberty as the most fundamental social value, and by extension treats moral cooperation as the only morally permissible form of social interaction.” More specifically, the book is a compendium of concise rebuttals to commonplace counterarguments advanced against libertarianism. It attempts to show that libertarianism withstands wide-ranging criticisms in principle, but also that it can be implemented in (...)
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  4. A Critique of Lester's Account of Liberty.Danny Frederick - 2013 - Libertarian Papers 5:45-66.
    In Escape from Leviathan, Jan Lester sets out a conception of liberty as absence of imposed cost which, he says, advances no moral claim and does not premise an assignm..
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  5. Professionalism, Agency, and Market Failures.Hasko von Kriegstein - 2016 - Business Ethics Quarterly 26 (4):445-464.
    According to the Market Failures Approach to business ethics, beyond-compliance duties can be derived by employing the same rationale and arguments that justify state regulation of economic conduct. Very roughly the idea is that managers have a duty to behave as if they were complying with an ideal regulatory regime ensuring Pareto-optimal market outcomes. Proponents of the approach argue that managers have a professional duty not to undermine the institutional setting that defines their role, namely the competitive (...). This answer is inadequate, however, for it is the hierarchical firm, rather than the competitive market, that defines the role of corporate managers and shapes their professional obligations. Thus, if the obligations that the market failures approach generates are to apply to managers, they must do so in an indirect way. I suggest that the obligations the market failures approach generates directly apply to shareholders. Managers, in turn, inherit these obligations as part of their duties as loyal agents. (shrink)
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  6. Contesting the Market: An Assessment of Capitalism's Threat to Democracy.Michael Fuerstein - 2015 - In Subramanian Rangan (ed.), Performance and Progress: Essays on Capitalism, Business, and Society. Oxford University Press.
    I argue that capitalism presents a threat to “democratic contestation”: the egalitarian, socially distributed capacity to affect how, why, and whether power is used. Markets are not susceptible to mechanisms of accountability, nor are they bearers of intentions in the way that political power-holders are. This makes them resistant to the kind of rational, intentional oversight that constitutes one of democracy’s social virtues. I identify four social costs associated with this problem: the vulnerability of citizens to arbitrary interference, the insensitivity (...)
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  7. Circles Within a Circle: The Condition for the Possibility of Ethical Business Institutions Within a Market System. [REVIEW]Robert Elliott Allinson - 2004 - Journal of Business Ethics 53 (1-2):17-28.
    How can a business institution function as an ethical institution within a wider system if the context of the wider system is inherently unethical? If the primary goal of an institution, no matter how ethical it sets out to be, is to function successfully within a market system, how can it reconcile making a profit and keeping its ethical goals intact? While it has been argued that some ethical businesses do exist, e.g., Johnson and Johnson, the argument I would (...)
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  8.  89
    Kevin Carson and the Freed Market: Is His Left-Libertarian Vision Plausible?Tate Fegley - 2016 - Libertarian Papers 8:273-292.
    How accurate is Kevin Carson’s characterization of “freed” markets? Carson, a left-libertarian “free market anti-capitalist,” portrays free markets as so radically different from actually-existing markets that they are almost unrecognizable. In The Homebrew Industrial Revolution: A Low Overhead Manifesto, he provides an alternative history of industrialization that argues that large-scale industrial organization and production are largely creatures of state intervention and that truly free markets would be characterized mainly by small-scale production for local markets. This paper evaluates Carson’s narrative (...)
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  9.  92
    Kevin Carson and the Freed Market: Is His Left-Libertarian Vision Plausible?Tate Fegley - unknown
    How accurate is Kevin Carson’s characterization of “freed” markets? Carson, a left-libertarian “free market anti-capitalist,” portrays free markets as so radically different from actually-existing markets that they are almost unrecognizable. In The Homebrew Industrial Revolution: A Low Overhead Manifesto, he provides an alternative history of industrialization that argues that large-scale industrial organization and production are largely creatures of state intervention and that truly free markets would be characterized mainly by small-scale production for local markets. This paper evaluates Carson’s narrative (...)
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  10. Piac és igazságosság? (Market and Justice?).Attila Tanyi - 2000 - Napvilág.
    The aim of the book is to uncover the relation between market and justice through the critical examination of the work of Friedrich Hayek. The book argues for the following thesis: the institution of free market is not the only candidate social system; substantial, not merely formal distributive justice must become the central virtue of our social institutions. Notwithstanding its achievements and virtues, the Hayekian theory makes a simple mistake by equivocating possible social systems, dividing them into two (...)
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  11. Moral Market Design.Sam Fox Krauss - 2019 - Kansas Journal of Law and Public Policy 28 (2).
    We often encounter people who we believe are behaving immorally. We routinely try to change minds and often donate to charitable organizations that do the same. Of course, this does not always work. In a liberal, rights-based society, we have to tolerate this. But legal entitlements to act in ways that others find immoral are inefficiently allocated. For example, some meat-eaters value eating meat less than some vegetarians would be willing to pay them to stop. While many have written about (...)
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  12.  65
    The Strategy of Transgression in the Phenomenology of Ontological Anarchy.John Krummel - 1995 - PoMo Magazine 1 (1):51-59.
    My very first published article as a graduate student in 1995 in a peer-reviewed journal (PoMo Magazine) that no longer exists. Published in PoMo Magazine, vol. 1, nr. 1 (Spring/Summer 1995). I elaborate a non-metaphysical phenomenology that is at the same time a way of thinking and a way of being "without why." My starting point is Reiner Schürmann's anarchistic interpretation of Heidegger. It was my first (somewhat sophmoric) attempt to develop a kind of ontology.
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  13.  71
    Payday Lending: America's Unsecured Loan Market [Business Ethics Case Study, 5000 Words].Eric Palmer - forthcoming - In Alex Sager, Fritz Allhoff & Anand Vaidya (eds.), Business Cases in Ethical Focus. Toronto: Broadview Press.
    Case study for Business Ethics, 5000 words. Considers the state of the payday lending market in USA and Canada as of March 2018. Suitable for undergraduate or business school use. Includes the discussion of: Storefront and online payday lending in state/province and national contexts. Applicability of the concept of exploitation to payday lending. Alternatives to payday lending ("Payday Alternative Loans" provided through credit unions, and savings incentive programs that reduce demand for payday lending). U.S. government regulation of 2017 that (...)
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  14. Is the Market a Sphere of Social Freedom?Timo Jütten - 2015 - Critical Horizons 16 (2):187-203.
    In this paper I examine Axel Honneth’s normative reconstruction of the market as a sphere of social freedom in his 2014 book, Freedom’s Right. Honneth’s position is complex: on the one hand, he acknowledges that modern capitalist societies do not realise social freedom; on the other hand, he insists that the promise of social freedom is implicit in the market sphere. In fact, the latter explains why modern subjects have seen capitalism as legitimate. I will reconstruct Honneth’s conception (...)
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  15. ‘The Painting Can Be Fake, but Not the Feeling’: An Overview of the Vietnamese Market Through the Lens of Fake, Forgery and Copy Paintings.Ho Manh Toan, Thu-Trang Vuong, Hong-Kong T. Nguyen, Manh-Tung Ho & Quan-Hoang Vuong - manuscript
    A work of Vietnamese art crossed a million-dollar mark in the international art market in early 2017. The event was reluctantly seen as a sign of maturity from the Vietnamese art amidst the many existing problems. Even though the Vietnamese media has discussed the issues enthusiastically, there is a lack of literature from the Vietnamese academics examining the subject, and even rarer in from the market perspective. This paper aims to contribute an insightful perspective on the Vietnamese art (...)
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  16. Choice, Consent, and the Legitimacy of Market Transactions.Fabienne Peter - 2004 - Economics and Philosophy 20 (1):1-18.
    According to an often repeated definition, economics is the science of individual choices and their consequences. The emphasis on choice is often used – implicitly or explicitly – to mark a contrast between markets and the state: While the price mechanism in well-functioning markets preserves freedom of choice and still efficiently coordinates individual actions, the state has to rely to some degree on coercion to coordinate individual actions. Since coercion should not be used arbitrarily, coordination by the state needs to (...)
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  17. Market Freedom as Antipower.Robert S. Taylor - 2013 - American Political Science Review 107 (3):593-602.
    Historically, republicans were of different minds about markets: some, such as Rousseau, reviled them, while others, like Adam Smith, praised them. The recent republican resurgence has revived this issue. Classical liberals such as Gerald Gaus contend that neo-republicanism is inherently hostile to markets, while neo-republicans like Richard Dagger and Philip Pettit reject this characterization—though with less enthusiasm than one might expect. I argue here that the right republican attitude toward competitive markets is celebratory rather than acquiescent and that republicanism demands (...)
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  18.  63
    Vocations, Exploitation, and Professions in a Market Economy.Daniel Koltonski - 2018 - Social Theory and Practice 44 (3):323-347.
    In a market economy, members of professions—or at least those for whom their profession is a vocation—are vulnerable to a distinctive kind of objectionable exploitation, namely the exploitation of their vocational commitment. That they are vulnerable in this way arises out of central features both of professions and of a market economy. And, for certain professions—the care professions—this exploitation is particularly objectionable, since, for these professions, the exploitation at issue is not only exploitation of the professional’s vocational commitment (...)
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  19. Asylum for Sale: A Market Between States That is Feasible and Desirable.Johannes Himmelreich - 2017 - Journal of Applied Philosophy (2):217-232.
    The asylum system faces problems on two fronts. States undermine it with populist politics, and migrants use it to satisfy their migration preferences. To address these problems, asylum services should be commodified. States should be able to pay other states to provide determination and protection-elsewhere. In this article, I aim to identify a way of implementing this idea that is both feasible and desirable. First, I sketch a policy proposal for a commodification of asylum services. Then, I argue that this (...)
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  20.  50
    Research Habits in Financial Modelling: The Case of Non-Normativity of Market Returns in the 1970s and the 1980s.Boudewijn De Bruin & Christian Walter - 2017 - In Emiliano Ippoliti & Ping Chen (eds.), Methods and Finance: A Unifying View on Finance, Mathematics, and Philosophy. Cham: Springer. pp. 73-93.
    In this chapter, one considers finance at its very foundations, namely, at the place where assumptions are being made about the ways to measure the two key ingredients of finance: risk and return. It is well known that returns for a large class of assets display a number of stylized facts that cannot be squared with the traditional views of 1960s financial economics (normality and continuity assumptions, i.e. Brownian representation of market dynamics). Despite the empirical counterevidence, normality and continuity (...)
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  21. Listen Libertarians!: A Review of John Tomasi's Free Market Fairness. [REVIEW]David Ellerman - forthcoming - Journal of Economic Issues.
    John Tomasi's new book, Free Market Fairness, has been well-received as "one of the very best philosophical treatments of libertarian thought, ever" and as a "long and friendly conversation between Friedrich Hayek and John Rawls—a conversation which, astonishingly, reaches agreement". The book does present an authoritative state-of-the-debate across the spectrum from right-libertarianism on the one side to high liberalism on the other side. My point is not to question where Tomasi comes down with his own version of "market (...)
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  22.  75
    Exploring the Locus of Anthropos in Market Ecology: When the Homo Politicus Converses with the Homo Economicus.Willard Enrique Macaraan - 2014 - Kritike 8 (1):136-152.
    The dilemma of the anthropos confuses him as to the advantage of the market to his existence. The market anthropos is seen as homo economicus, a self-interested, utility-maximizing individual. This popular belief is critically analyzed as to its nuances insofar as the homo politicus of John Rawls is concerned. The life of the market anthropos seeks consensus towards societal cooperation and justice. Popularly held to be dissenting, this paper seeks to explore their possible convergence in the light (...)
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  23. Political realism and anarchy in international relations.Tvrtko Jolić - 2011 - Prolegomena 10 (1):113-130.
    In this paper I critically examine an influential argument in favor of political realism. The argument claims that international relations, by analogy with Hobbes’s state of nature at the individual level, are governed by anarchy which makes it irrational for states to observe the principles of morality and justice since there are no guarantees that they will be observed by other states. However, this analogy is unsustainable due to the differences that exist between agents on the international and individual (...)
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  24. “Book Review: The Free Market Existentialist: Capitalism Without Consumerism“.Joshua House - 2015 - Libertarian Papers 7.
    In this review, I will focus on how William Irwin’s The Free Market Existentialist manages to take a broad definition of existentialism and narrow it into dogma. Such narrowing limits the appeal of this book and causes an interesting discussion to fall short of its promised goal: a demonstration that libertarianism is compatible, and perhaps a natural fit, with existentialism.
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  25. On the Definition of Jealousy and Other Emotions in Anarchy, State and Utopia.Terence Rajivan Edward - 2017 - Philosophical Pathways (209):1-3.
    This paper responds to an ingenious footnote from Robert Nozick’s book Anarchy, State and Utopia. Using a table of four possible situations, Nozick defines what it is to be jealous, envious, begrudging, spiteful and competitive. I deny a claim that Nozick makes for his table, a claim needed for these definitions. I also point out that Nozick fails to capture what he has in mind by jealousy.
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  26.  42
    Individual Freedom in the Economic Global Market: A Defense of a Liberty to Realize Choices.Ana Luiza da Gama E. Souza - 2017 - In Proceedings of the XXIII World Congress of Philosophy. USA: Philisophy Documentation Center. pp. 57-62.
    Human life in contemporary society is extremely complex and there are various external factors that directly affect the realization in the individual ends. In this work I analyze the effects of the global market economy, manifested by a mode of production and distribution of goods and services in the form of a global network of economic relations, which involve people, transnational corporations and political and social institutions in moral sphere of people, affecting their choices and the realization of these (...)
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  27. Comparative Legal Cultures: On Traditions Classified, Their Rapprochement & Transfer, and the Anarchy of Hyper-Rationalism with Appendix on Legal Ethnography.Csaba Varga - 2012 - Szent István Társulat.
    Disciplinary issues -- Field studies -- Appendix: Theory of law : legal ethnography, or, the theoretical fruits of the inquiries into folkways. /// Reedition of papers in English spanning from 1995 to 2008 /// DISCIPLINARY ISSUES -- LAW AS CULTURE? [2002] 9–14 // TRENDS IN COMPARATIVE LEGAL STUDIES [2002] 15–17 // COMPARATIVE LEGAL CULTURES: ATTEMPTS AT CONCEPTUALISATION [1997] 19–28: 1. Legal Culture in a Cultural-anthropological Approach 19 / 2. Legal Culture in a Sociological Approach 21 / 3. Timely Issues of (...)
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  28. Between Social Justice and Market Justice: Ethics of Health Care Leadership.Marvin J. H. Lee - 2016 - Journal of Healthcare Ethics and Administration 2 (2).
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  29. Debunking Neosocialism: A Review of C. Snowden, Debunking Myths About the Free Market[REVIEW]Gary James Jason - 2017 - Journal of Ayn Rand Studies 17 (1):84-103.
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  30.  46
    The role of market orientation in interpretation of the relationship between the availability of business process re-engineering requirements and product quality.Siddig Balal Ibrahim & Ahmed M. A. FarajAllah - 2017 - IUG Journal of Economics and Business Studies 25 (1):108-127.
    This study aimed to identify the availability of business process re-engineering requirements in Palestinian industrial companies, and to identify the nature of relationship and direction between business process re-engineering requirements and product quality in these companies, in addition to determine whether the market orientation plays a mediating role in the relationship between business process re-engineering requirements and product quality. To achieve study objectives, the researcher designed a questionnaire as a study tool, was distributed on sample of (231) employee selected (...)
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  31.  55
    Leaky Pipeline Myths: In Search of Gender Effects on the Job Market and Early Career Publishing in Philosophy (Draft).Sean Allen-Hermanson - 2017 - Frontiers in Psychology 8.
    That philosophy is an outlier in the humanities when it comes to the underrepresentation of women has been the occasion for much discussion about possible effects of subtle forms of prejudice, including implicit bias and stereotype threat. While these ideas have become familiar to the philosophical community, there has only recently been a surge of interest in acquiring field-specific data. This paper adds to quantitative findings bearing on hypotheses about the effects of unconscious prejudice on two important stages along career (...)
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  32.  50
    Can Arms Be Sold Responsibly in the Global Market?Edmund F. Byrne - 2007 - Social Philosophy Today 23:103-114.
    Corporate social responsibility (CSR) research has ignored the arms industry, in large part because of political assumptions that tie this industry to nation-state sovereignty. Bypassing this obsolescent Westphalian world-view, I examine the US arms industry on the basis of CSR requirements regarding the environment, social equity, profitability, and use of political power. I find the arms industry fails each of these four CSR requirements. In response to the assertion that the arms industry should not be subject to CSR requirements because (...)
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  33.  9
    The Market for Body Parts.Gary James Jason - 2007 - Liberty (October):33-36.
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  34.  16
    The Transnational Constitution of Europe’s Social Market Economies: A Question of Constitutional Imbalances?Poul F. Kjaer - 2019 - Journal of Common Market Studies 57 (1):143-58.
    Throughout its history the European integration process has not undermined but rather strengthened the autonomy of Member States vis-à-vis wider societal interests in relation to political economy, labour markets and social provisions. Both the ‘golden age nation state’ of the 1960s as well as the considerable transformations of Member State political economies over the past decades, and especially after the euro-crisis, was to a considerable degree orchestrated through transnational, most notably European, arrangements. In both cases the primary objective has been (...)
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  35. Quantum Analog of the Black- Scholes Formula(Market of Financial Derivatives as a Continuous Weak Measurement).S. I. Melnyk & I. G. Tuluzov - 2008 - Electronic Journal of Theoretical Physics (EJTP) 5 (18):95–104.
    We analyze the properties of optimum portfolios, the price of which is considered a new quantum variable and derive a quantum analog of the Black-Scholes formula for the price of financial variables in assumption that the market dynamics can by considered as its continuous weak measurement at no-arbitrage condition.
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  36.  35
    Promoting What We Oppose: Faith, the Free Market, and First Things.Robert Tilley - 2013 - Solidarity: The Journal of Catholic Social Thought and Secular Ethics 3 (1):Article 1.
    Of increasing influence in the Australian Catholic Church is the kind of orthodoxy associated with American conservatism in which the defence of life and family against the depredations of cultural liberalism is tied to the defence of the free market and the promotion of economic liberalism. The clearest example of this thinking being the magazine First Things, a magazine with great influence both in American and in Australia. The argument of this paper is that there is an organic and (...)
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  37.  25
    Lessons Learned From the Transition From Communism to Free-Market Democracy: The Case of Croatia.Stephen Nikola Bartulica - 2013 - Catholic Social Science Review 18:187-202.
    This article explores the transition experience of Croatia from 1990 to the present, with emphasis on social attitudes towards the free-market system and how the legacy of communism has influenced people’s expectations of and views towards the economy. The anthropological position of man as homo economicus is of central importance, if one is to properly understand the forces at work in a transition society like Croatia. This position also has far-ranging implications for ethics and morality, as well as for (...)
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  38.  39
    Healthcare Consumers’ Sensitivity to Costs: A Reflection on Behavioural Economics From an Emerging Market.Quan-Hoang Vuong, Tung-Manh Ho, Hong-Kong Nguyen & Thu-Trang Vuong - 2018 - Palgrave Communications 4:70.
    Decision-making regarding healthcare expenditure hinges heavily on an individual's health status and the certainty about the future. This study uses data on propensity of general health exam (GHE) spending to show that despite the debate on the necessity of GHE, its objective is clear—to obtain more information and certainty about one’s health so as to minimise future risks. Most studies on this topic, however, focus only on factors associated with GHE uptake and overlook the shifts in behaviours and attitudes regarding (...)
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  39. Modern Order and the Promise of Anarchy: From the 'Writhing Age' of Souls to World Reconstruction.David Haekwon Kim - 2004 - The Hamline Review 28:22-71.
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  40.  52
    The Graduate Law Degree Holders in the Legal Education Market.Kim Kiyoung - 2016 - Beijing Law Review 7 (4):371-399.
    Given that the law is helpful, essential and non-separable with our lives, we surely would like to know the people that make laws and who practice in the legal profession. This query is the recent theme we have pursued in this and other related projects. The investigation has revealed a knowledge economy (savoir-faire) that has entwined law and the actions of law people, which growingly became edged to explain their behavior and moral and professional conduct. The expectation has been that (...)
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  41. The Ethics of Marketing to Vulnerable Populations.David Palmer & Trevor Hedberg - 2013 - Journal of Business Ethics 116 (2):403-413.
    An orthodox view in marketing ethics is that it is morally impermissible to market goods to specially vulnerable populations in ways that take advantage of their vulnerabilities. In his signature article “Marketing and the Vulnerable,” Brenkert (Bus Ethics Q Ruffin Ser 1:7–20, 1998) provided the first substantive defense of this position, one which has become a well-established view in marketing ethics. In what follows, we throw new light on marketing to the vulnerable by critically evaluating key components of Brenkert’s (...)
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  42. Reiner Schürmann and Cornelius Castoriadis Between Ontology and Praxis.John Krummel - 2013 - Anarchist Developments in Cultural Studies 2013 (2).
    Every metaphysic, according to Reiner Schürmann, involves the positing of a first principle for thinking and doing whereby the world becomes intelligible and masterable. What happens when such rules or norms no longer have the power they previously had? According to Cornelius Castoriadis, the world makes sense through institutions of imaginary significations. What happens when we discover that these significations and institutions truly are imaginary, without ground? Both thinkers begin their ontologies by acknowledging a radical finitude that threatens to destroy (...)
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  43.  98
    The Reality of Technical Education in Palestine.Suliman A. El Talla, Samy S. Abu-Naser, Mazen J. Al Shobaki & Youssef M. Abu Amuna - 2017 - International Journal of Engineering and Information Systems (IJEAIS) 1 (10):102-117.
    The study aimed to identify the reality of technical education in Palestine. The analytical descriptive method was used in the study. A questionnaire which consisted of 41 paragraphs was distributed randomly to the technical colleges in Gaza Strip. Random sample of (275) employees of these colleges were used, and the response rate was (74.5%). The results showed a high degree of approval for the dimensions of technical education with a relative weight of 76.07%. The ranking and relative weight was as (...)
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  44. Why is Capitalism impossible under Oligarchy?Ludwig von Mises on Ideological Foundations of Capitalism.Ihor Karivets - 2012 - In Mykola Bunyk & Iryna Kiyanka (eds.), Economics and Bureaucracy in a Open Society. In Honor of the 130th Anniversary of the Birth of Ludwig von Mises. pp. 178-186.
    . The author has compared the world-view attitudes of oligarchy and capitalism on the basis of analysis of Ludwig von Mises’ writings. The results of such comparison allow us to maintain that there is neither market economy nor competition, and so nor capitalism in Ukraine. The world-view basis of capitalism is the philosophy of liberalism, which has such principles as equality, freedom, inviolability of private property, cooperation in favor of profits of the whole society. On the contrary, oligarchy based (...)
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  45.  34
    On the Conspicuous Absence of Private Defense.Joseph Michael Newhard - 2016 - Libertarian Papers 8:221-234.
    This essay offers a standard by which to assess the feasibility of market anarchism. In anarchist thought, the concept of feasibility concerns both the ability and the willingness of private defense agencies to liberate their clients from state oppression. I argue that the emergence of a single stateless pocket of effective, privately-provided defense for a “reasonable” length of time is sufficient to affirm feasibility. I then consider the failure of private defense agencies to achieve even this standard. Furthermore, I (...)
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  46.  43
    On the Conspicuous Absence of Private Defense.Joseph Micahel Newhard - unknown
    This essay offers a standard by which to assess the feasibility of market anarchism. In anarchist thought, the concept of feasibility concerns both the ability and the willingness of private defense agencies to liberate their clients from state oppression. I argue that the emergence of a single stateless pocket of effective, privately-provided defense for a “reasonable” length of time is sufficient to affirm feasibility. I then consider the failure of private defense agencies to achieve even this standard. Furthermore, I (...)
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  47.  20
    Society, Its Process and Prospect.Spencer Heath - 2016 - Libertarian Papers 8:211-220.
    Society, based on contract and voluntary exchange, is evolving, but remains only partly developed. Goods and services that meet the needs of individuals, such as food, clothing, and shelter, are amply produced and distributed through the market process. However, those that meet common or community needs, while distributed through the market, are produced politically through taxation and violence. These goods attach not to individuals but to a place; to enjoy them, individuals must go to the place where they (...)
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  48.  55
    Responsibility and School Choice in Education.Ben Colburn - 2012 - Journal of Philosophy of Education 46 (2):207-222.
    Consider the following argument for school choice, based on an appeal to the virtues of the market: allowing parents some measure of choice over their particular children's education ultimately serves the interests of all children, because creating a market mechanism in state education will produce improvements through the same pressures that lead to greater efficiency and quality when markets are deployed in more familiar contexts. The argument fails, because it is committed to a principle of equal concern, which (...)
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  49.  12
    Society, Its Process and Prospect.Spencer Heath - unknown
    Society, based on contract and voluntary exchange, is evolving, but remains only partly developed. Goods and services that meet the needs of individuals, such as food, clothing, and shelter, are amply produced and distributed through the market process. However, those that meet common or community needs, while distributed through the market, are produced politically through taxation and violence. These goods attach not to individuals but to a place; to enjoy them, individuals must go to the place where they (...)
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  50.  31
    On the Martingale Representation Theorem and on Approximate Hedging a Contingent Claim in the Minimum Deviation Square Criterion.Nguyen Van Huu & Quan-Hoang Vuong - 2007 - In Ta-Tsien Li Rolf Jeltsch (ed.), Some Topics in Industrial and Applied Mathematics. Shanghai, China: World Scientific. pp. 134-151.
    In this work we consider the problem of the approximate hedging of a contingent claim in the minimum mean square deviation criterion. A theorem on martingale representation in case of discrete time and an application of the result for semi-continuous market model are also given.
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