The Free Market > Mercantilism

If you like the free market then you will very much dislike mercantilism.  People who supported mercantilism, mercantilists, were often people of high authority in the 15th and 16th centuries such as monarchs, lords, and dukes.  Often times mercantilism is paired with absolutism. These people want to be the only economical “winners” in the world; … More The Free Market > Mercantilism

A Hurting Soul

The book Historia and Tale Doctor Johannes Faustus, published in 1587, describes the history of Doctor Faustus, a man who was born into a Christian family and turned away from his family’s faith.  As mentioned before, Dr. Faustus was born into a Christian family but he was given away to be adopted by a rich … More A Hurting Soul

The Levellers

The Levellers were a group of people in seventeen century England who formed a great political movement for libertarianism. A few of the key Levellers were Richard Overton, John Lilburne, and William Walwyn. Their views caused the first-ever movement for libertarian ideas. They believed that an individual owned themselves. A person should be able to … More The Levellers

The Eutopians and the Thirty Years’ War

The “Eutopians” of the sixteenth century changed the spelling of the word Utopia to Eutopia to signify that there could exist a place like Utopia. “Good place” was the Eutopians’ definition of Eutopia in comparison to the “no place” definition of Utopia. Around the time when the Eutopian thinkers thought up Eutopia the new world … More The Eutopians and the Thirty Years’ War

Some of Luther’s Ideas in ‘On the Freedom of a Christian’

In reading a selection from Martin Luther’s On the Freedom of a Christian Luther expressed many of his views on just what the title of his book states: the freedom of a Christian. First, Luther says that a Christian should live by faith in God alone rather than completing works.  He says that by doing … More Some of Luther’s Ideas in ‘On the Freedom of a Christian’

Public Goods and the Standard of Living

  Public goods are goods that once they are made they can be used by the public at no additional cost (besides occasional maintenance and upkeep), such as: lighthouses, highways, and recreational parks. Often times public goods become confused with private goods. Take, for example, the landscaping and exterior of your house. People who go … More Public Goods and the Standard of Living