The Independent Review

The Independent Review

Publisher David J. Theroux, Independent Institute

Founding Editor Robert Higgs

Co-Editors Christopher J. Coyne, George Mason University

Michael C. Munger, Duke University

Robert M. Whaples, Wake Forest University

Managing Editor Wake Forest University

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More from The Independent Review

The Independent Review33 min read
The Political Economy of Rising Defense Costs
Defense costs in the United States have been on the rise for the past several decades. The price index used to measure defense costs has outpaced inflation in the overall economy (as measured by the GDP deflator) by a factor of 1.3 from 1947 to 2020.
The Independent Review16 min read
Privatize the Public Sector: Murray Rothbard’s Stateless Libertarian Society
Murray Rothbard’s For a New Liberty, originally published in 1973, remains one of the most significant books on libertarianism, in large part because he explains how market institutions can replace everything government does, and do it better. After
The Independent Review45 min readPolitical Ideologies
The East Asian Challenge for Market Liberalism: Toward a Hayekian Context-Sensitive Response
One of the most significant episodes in recent history is the rapid economic growth of East Asian nations in the late twentieth century. Considered alongside Japan and China, the four “tiger economies” of South Korea, Taiwan, Hong Kong, and Singapore

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