Mill’s Harm Principle: A Study in the Application of On Liberty is a new essay by Sandra J. Peart—part of the Institute’s Essential Scholar series—that explores in-depth John Stuart Mill’s famous harm principle, its relevance today and how it might impact the debates surrounding gun control, free speech and even mandates during the COVID-19 pandemic.
Entrepreneurial Economist Predicted Socialism is a new essay that documents how the early 20th century economist Joseph Schumpeter predicted the end of capitalism as a result of capitalism’s very successes: the declining prominence of the innovator, increased calls for barriers to entry from successful businesses, and calls for government to limit the forces of creative destruction.
This International Women’s Day, a new essay series examines the lives and ideas of women who helped shape the free and prosperous societies we enjoy today.
The essay, part of the Essential Women of Liberty series, spotlights Deirdre McCloskey whose humanistic view of economics has fundamentally changed the way economists approach their profession.