The fiscal proviso
DOI:
https://doi.org/10.18041/1900-0642/criteriolibre.2013v11n19.1099Abstract
The purpose with this work is to evaluate if there is an argument in favor of “central banking” that cannot be put aside on either economic or moral ground. In order to do such an inquiry, it will be discussed philosophically whether the institutions of private property and freedom of contract in general and good money in particular are of a higher value than national defense, since that is the last standing justification for the monetary prerogatives of government analyzed; also, we will analyze if there are other ways to provide funds for national defense less prone to create problems of collective action than interventionism in money and banking.
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References
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(2000). The Power to Tax - The Collected Works of James M. Buchanan, vol. IX, Indianapolis, IN: Liberty Fund, Inc.
Calzada, G. A. (2005). Mises and Rothbard on War Finance, Procesos de Mercado, Revista Europea de Economía Política, II, no. 1, pp. 147-170.
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(1839). The English Works of Thomas Hobbes of Malmesbury; Now First Collected and Edited by Sir William Molesworth, Bart, (London: Bohn, 1839-45). 11 vols. Vol. 6. Chapter: Behemoth: the history of the causes of the civil wars of England, and of the counsels and artifices by which they were carried on from the year 1640 to the year 1660. Accessed from: http://oll.libertyfund. org/title/770/89921 on 2013-02-04
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Laures, J. S. J. (2008). The Political Economy of Juan de Mariana. Auburn, AL: Mises Institute.
Levin, M. (1982). A Hobbesian Minimal State. Philosophy and Public Affairs, 11, no. 4 (Autumn 1982), pp. 338-353.
López, J. L. (1768). Historia Legal de la Bula Llamada “in Coena Domini”. Reprint, La Vergne, TN: Kessinger Legacy Reprints, 2011.
Mack, E. (1986). The Ethics of Taxation: Rights Versus Public Goods. Taxation and The Deficit Economy, edited by Dwight Lee, Chapter 18. San Francisco, Ca: Pacific Research Institute, pp. 487-515.
Magliocca, G. N. The Gold Clause Cases and Constitutional Necessity, n.d. Eletronic copy available at: http://ssrn.com/ abstract=1707175.
Mises, L. V. (2006). Nation State, and Economy. Indianapolis, IN: Liberty Fund, Inc.
Narveson, J. (2001). The Libertarian Idea. Peterborough, Canada: Broadview Press Ltd.
Nozick, R. (1974). Anarchy, State and Utopia. New York, NY: Basic Books.
Rand, A. (2005). The Ethics of Emergencies. The Virtue of Selfishness. Centenial Signet Edition. New York, NY: New American Library, a division of Penguin Group, first signet printing 1964.
Selgin, G. & W., Lawrence H. (January 1999). A Fiscal Theory of Government’s Role in Money. Economic Inquiry
Smith, V. C. (1990). The Rationale of Central Banking and the Free Banking Alternative. Indianapolis, IN: Liberty Fund, Inc.
Sylla, R.; Richard Tilly and Gabriel Tortella, eds. (2007). The State, the Financial System, and Economic Modernization. Cambridge: Cambridge University Press.
(2000). The Power to Tax - The Collected Works of James M. Buchanan, vol. IX, Indianapolis, IN: Liberty Fund, Inc.
Calzada, G. A. (2005). Mises and Rothbard on War Finance, Procesos de Mercado, Revista Europea de Economía Política, II, no. 1, pp. 147-170.
Dickson, P. G. M. (1967). The Financial Revolution in England, a Study in the Development of Public Credit, 1688–1756. London, UK: Macmillan.
Ferguson, N. (2008). The Ascent of Money, a Financial History of the World. New York: Penguin Press.
Glasner, D. (2005). Free Banking and Monetary Reform. Cambridge, U.K.: Cambridge University Press.
Hamilton, A. (1904). The Works of Alexander Hamilton, edited by Henry Cabot Lodge (Federal Edition) in 12 volumes, Volume 4, “On the Establishment of a Mint,” 1790. New York, NY: G.P. Putnam’s Sons. Available online: http://oll.libertyfund.org/?option=com_ staticxt&staticfile=show.php%3Ftitle=1381&c hapter=64330&layout=html&Itemid=27.
Higgs, R. (1987). Crisis and Leviathan, Critical Episodes in the Growth of American Government. Oxford: Oxford University Press.
Hobbes, T. (1994). Leviathan. Indianapolis, IN: Hackett Publishing Company, Inc.
(1839). The English Works of Thomas Hobbes of Malmesbury; Now First Collected and Edited by Sir William Molesworth, Bart, (London: Bohn, 1839-45). 11 vols. Vol. 6. Chapter: Behemoth: the history of the causes of the civil wars of England, and of the counsels and artifices by which they were carried on from the year 1640 to the year 1660. Accessed from: http://oll.libertyfund. org/title/770/89921 on 2013-02-04
Huerta de Soto, J. (2001). Socialismo, Cálculo Económico y Función Empresarial. 2ª. ed., Madrid, Spain: Unión Editorial.
Laures, J. S. J. (2008). The Political Economy of Juan de Mariana. Auburn, AL: Mises Institute.
Levin, M. (1982). A Hobbesian Minimal State. Philosophy and Public Affairs, 11, no. 4 (Autumn 1982), pp. 338-353.
López, J. L. (1768). Historia Legal de la Bula Llamada “in Coena Domini”. Reprint, La Vergne, TN: Kessinger Legacy Reprints, 2011.
Mack, E. (1986). The Ethics of Taxation: Rights Versus Public Goods. Taxation and The Deficit Economy, edited by Dwight Lee, Chapter 18. San Francisco, Ca: Pacific Research Institute, pp. 487-515.
Magliocca, G. N. The Gold Clause Cases and Constitutional Necessity, n.d. Eletronic copy available at: http://ssrn.com/ abstract=1707175.
Mises, L. V. (2006). Nation State, and Economy. Indianapolis, IN: Liberty Fund, Inc.
Narveson, J. (2001). The Libertarian Idea. Peterborough, Canada: Broadview Press Ltd.
Nozick, R. (1974). Anarchy, State and Utopia. New York, NY: Basic Books.
Rand, A. (2005). The Ethics of Emergencies. The Virtue of Selfishness. Centenial Signet Edition. New York, NY: New American Library, a division of Penguin Group, first signet printing 1964.
Selgin, G. & W., Lawrence H. (January 1999). A Fiscal Theory of Government’s Role in Money. Economic Inquiry
Smith, V. C. (1990). The Rationale of Central Banking and the Free Banking Alternative. Indianapolis, IN: Liberty Fund, Inc.
Sylla, R.; Richard Tilly and Gabriel Tortella, eds. (2007). The State, the Financial System, and Economic Modernization. Cambridge: Cambridge University Press.
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Published
2017-10-24
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Section
Artículos
How to Cite
ZELMANOVITZ, L. (2017). The fiscal proviso. Criterio Libre, 11(19), 23-49. https://doi.org/10.18041/1900-0642/criteriolibre.2013v11n19.1099
