Voluntary Exchange Sources

Austrian Perspectives on Entrepreneurship, Strategy, and Organization is a part of the Cambridge “Elements” Series, which joins series like the Routledge Focus and Oxford University Press “Very Short Introductions” in publishing short, focused surveys of a very specific topic in something that fits in the...

Most government interventions consist in forbidding adult individuals (or their voluntary associations) to freely engage in acts of exchange: securities laws, antitrust laws, minimum-wage laws, maximum prices (like in “price gouging” laws, for example), laws and regulations mandating or banning discrimination, legal privileges for trade...

Anyone who has taken a civics class knows the Framers created a federal government with three co-equal branches. James Madison in Federalist 51 stressed that the ambitions of some could be made to counteract the ambitions of others. Why? Because the same people who had...