Walter Block

Austrian Economist and Libertarian Theorist
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  • Walter Block

The libertarian case for Rand Paul Apr 20, 2015

I am a libertarian. I have been one for a long time; since about 1963. I like to think that my libertarian credentials are about as good, among the living, as anyone else’s on the planet. I support Rand Paul for president of the U.S. Yet, even I must admit, thanks to the sterling work of Robert Wenzel, Justin Raimondo and many others, Rand’s claim to libertarian support has been somewhat tarnished of late in my mind. Previously, I gave Rand a mark of 70 on my own personal libertarian-o-meter. For comparison purposes, I gave myself a 100 (hey, I...

By Walter Block Vote19 11

Walter Block: Libertarianism from A to Z Oct 13, 2014

Mises Institute: You say in your book that it is a contradiction in terms to be both libertarian and to be for an aggressive foreign policy. Why is this? Walter Block: The essence of libertarianism is the non-aggression principle (NAP). This means it is legitimate to use force only in defense, or retaliation, but not to initiate it. However, an aggressive foreign policy is an attempt to export democracy, or the American way of life, or to make things easier for US business, at the point of a gun or a bomb. Thus, this policy necessarily initiates violence against foreigners, but not...

By Walter Block Vote10 0

A Libertarian Analysis of Suing for Libel Sep 9, 2014

For those of you who have not been paying attention, Rand Paul and a whole host of other people connected to libertarianism have been smeared by the New York Times. I was a minor target of this daily newspaper, but, an infuriated one. So much so that I have so far written not one but two responses to it. They can be found below (Block, 2014A, 2014B). Several libertarians have risen to my defense; for these missives see also Block (2014A). I am not here today going to rehash these issues. I stand by my previous responses. Let me just say I am...

By Walter Block Vote4 0

Fighting Fires Without Socialism Jul 24, 2014

According to Terry L. Anderson and Daniel Botkin, “Fighting Western Fires with Economics” is a good idea. Were I writing an essay with this title, I would emphasize the role of private property rights. If all forests were owned by individuals and private corporations, those that did well in protecting their trees from conflagrations would prosper, those who failed to do so would lose money and eventually be forced into bankruptcy. Whereupon the ones who were more efficient protectors of the woodlands would  take over the holdings of the failures, and more and more acreage would fall under the control...

By Walter Block Vote3 0

Don’t Be Fooled About Liberatrianism Jun 16, 2014

Just as an important difference in everyday life is that between a bathroom and a kitchen, so, too, does a crucial distinction in political economic philosophy exist between government and private contractual arrangements. But here is where the analogy breaks down. There are other, even more important insights to be garnered in ordinary living than that between these two rooms (e.g., don’t eat poison, feed yourself, take care of babies); there is simply no more important delineation in libertarian theory than that which exists between coercion (the government) and voluntary cooperation (the market). Yet, such is the parlous nature of our discipline...

By Walter Block Vote4 0

The Minimum Wage Law and Welfare Payments Jun 6, 2014

I think it important to pulverize the case for the minimum wage law. I am guided in this determination by the Jesuit notion of the preferential option for the poor. (Hey I have spent 14 years teaching at Loyola University New Orleans, a Jesuit institution; some of it had to rub off on me). What is this principle? It is to ask of any public policy, how will it affect the impoverished. Why is it important to do so? In my own words, it is because the poor occupy the most precarious role in society. If the rich are financially...

By Walter Block Vote5 0

Block Discovers New Source of Inequality Jun 3, 2014

Did you folks know that there is an inequality between planets as to how many moons they have? I know, I know, most of you out there will react with a big “so what?” to this bit of startling news. But I’m a thick libertarian. I believe there is more to libertarianism than the non-aggression principle. I think that we humanitarian libertarians have to add to the NAP opposition to inequality; to all instances of this pernicious phenomenon. “But Block,” you say, “poor people feel badly when they realize the rich have more wealth than they do. The same does not apply...

By Walter Block Vote6 0

Both Left and Right are Guilty May 17, 2014

This is my attempt to help temper the rancor I currently see in the liberty community. I am a staunch thin or pure libertarian. For me, the correct (Rothbardian) libertarianism is firmly predicated on the non aggression principle (NAP): the law should prohibit the initiation of violence against innocent people and their property. That is it. That is entirely it. There is no more to thin libertarianism, other than implications of this basic axiom; well, that’s quite a lot. Of late however, many leftists have been attempting to hijack the good ship libertarian in their own direction, adding to the...

By Walter Block Vote5 0

The Minimum Wage Law Jan 17, 2014

The minimum wage on its face is an unemployment law, not an employment law. It does not compel anyone to hire anyone else. It only stipulates who CANNOT legally be employed: no one may be hired for less than the amount stipulated by law. If the minimum wage law is set at $10 per hour, the law does not require any employer to hire any employee at that wage level. It only FORBIDS employment contracts set at $9.99 or below. This is not a matter of empirical evidence, not that there can be any such thing in proper, e.g., Austrian...

By Walter Block Vote9 0

Homosexuality, Feminism and Libertarianism Jan 10, 2014

I have a publication program at Loyola University in which I co author articles with students. This material starts out as term papers for my courses and ends up in refereed journals. I agree with the theses of all these papers, otherwise I couldn’t co author this material with them. I am proud of all of my student co authors, but, in a bout of shameless self-promotion, I am most pleased with myself when I help a student publish a term paper in a scholarly periodical which takes a position very much at variance with my own views.  Naturally, I...

By Walter Block Vote7 0

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