Index Investing News
Wednesday, February 25, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Swaim’s Lame Take on Libertarianism

by Index Investing News
July 4, 2023
in Economy
Reading Time: 2 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


One of my favorite regular book reviewers in the Wall Street Journal is Barton Swaim. In his recent review of Matt Zwolinski’s and John Tomasi’s The Individualists, though, Swaim misses the mark. I hasten to add that I haven’t read Zwolinski’s and Tomasi’s book. But I don’t need to in order to know that Swaim gets things wrong because Swaim’s review is not just of the book but also of libertarianism. And libertarianism is something I know well.

David Boaz of the Cato Institute recently laid out a number of criticisms of Swaim’s review. I recommend reading David’s critique but I won’t repeat it except where I want to expand on it.

In his first paragraph, Swaim writes that libertarianism “is a wildly diverse and inveterately fractious political tradition whose adherents have taken opposite sides on nearly every important political question.” Nearly every? Really? Certainly there are large differences, especially in the area of foreign policy. But libertarians are virtually united in opposing slavery, a pretty important political question, conscription, which is the modern version of slavery, high taxes, a large welfare state, high government spending, extensive regulation of the market, price controls, and government spending on higher education. These are pretty important issues. Can you find someone who claims to be libertarian who opposes the libertarian consensus on these issues? Maybe, although I haven’t met the person. But Swaim gives the impression that there are large swaths of self-proclaimed libertarians who argue with each other about “nearly every important political question.” That’s just not so.

Swaim also writes:

A polity, if it’s to function and endure, must offer its members a reason to remain attached, in their loyalties and affections, to the collective. That requires some engagement with ultimate questions—questions about the good life, morality, religious meaning, human purpose and so on. Modern libertarians are allergic to all such topics. Almost the only figures who mention such things in “The Individualists”—Adam Smith, William Lloyd Garrison—lived and died in the 18th or 19th century.

It’s simply false that libertarians have not contended with these issues. We are not allergic to these topics; we often discuss them. But one of the virtues of libertarianism is that we are tolerant of people who come to different views on these topics. Many libertarians are Christians, Jews, or Muslims. A minority of libertarians are atheist or agnostic. But no libertarian I know of–and I know many hundreds–advocates a state religion. That’s one of those many “important political questions” that we don’t argue about. Boaz has a nice treatment of this issue.

Even with all his criticisms, Swaim never makes the case or even tries to, that libertarianism is dead. He might wish that to be true, although I don’t know him and so I can’t say.

Why do I mention this? Because of the last line of his review:

The book also works as an obituary.

Swaim seems to have intended that as a mic drop. Mic drops work only if you’ve laid the ground work that leads to the conclusion. He hasn’t come close.



Source link

Tags: lameLibertarianismSwaims
ShareTweetShareShare
Previous Post

Transcript: Ilana Weinstein – The Big Picture

Next Post

The Broker Who Saved America

Related Posts

Transcript: Hilary Allen on Fintech Dystopia

Transcript: Hilary Allen on Fintech Dystopia

by Index Investing News
February 24, 2026
0

https://www.youtube.com/watch?v=NSFAIakPdmohttps://www.youtube.com/watch?v=NSFAIakPdmo     The transcript from this week’s, MiB: Hilary Allen on Fintech Dystopia, is below. You can stream and...

Friedman on Immigration: Setting the Record Straight

Friedman on Immigration: Setting the Record Straight

by Index Investing News
February 20, 2026
0

Even people who are otherwise enthusiastic about a free market in labor can get cold feet about immigration once redistribution...

10 Presidents Day Reads – The Big Picture

10 Presidents Day Reads – The Big Picture

by Index Investing News
February 16, 2026
0

My three-day weekend reads: • Why a ‘K-Shaped’ Economy Means More Risk for Stock Investors: The wealthy are propping up consumer...

Property Rights and the Arctic Contest

Property Rights and the Arctic Contest

by Index Investing News
February 12, 2026
0

In recent years, the Arctic has returned to the center of public attention: the renewed interest in Greenland, the progressive...

No easy end to easy money

No easy end to easy money

by Index Investing News
February 8, 2026
0

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the...

Next Post
The Broker Who Saved America

The Broker Who Saved America

Breaking up Eskom will be the end of South Africa

Breaking up Eskom will be the end of South Africa

RECOMMENDED

My 2021 mistake – Econlib

My 2021 mistake – Econlib

January 15, 2023
Earnings week forward: MSFT, AAPL, META, AMZN, QCOM, PFE, MA, V, PYPL, ROKU, MCD, KO

Earnings week forward: MSFT, AAPL, META, AMZN, QCOM, PFE, MA, V, PYPL, ROKU, MCD, KO

April 27, 2025
Arsenal Ladies 1 – 0 Juventus Femminile

Arsenal Ladies 1 – 0 Juventus Femminile

November 21, 2024
Breaking the Bubbles Without a Crash

Breaking the Bubbles Without a Crash

December 13, 2022
Carolina Panthers trade Robbie Anderson to Arizona Cardinals

Carolina Panthers trade Robbie Anderson to Arizona Cardinals

October 17, 2022
How Manchester United’s world fell aside – once more

How Manchester United’s world fell aside – once more

September 30, 2024
UConn a tourney favorite after historic win vs. Marquette

UConn a tourney favorite after historic win vs. Marquette

February 18, 2024
Hochul’s COVID report leaves NY nonetheless missing solutions 4 years later

Hochul’s COVID report leaves NY nonetheless missing solutions 4 years later

July 31, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In