The objective of this essay is to recast the familiar subjective value theory underlying neo‐classical (including Austrian) economics as more of an objectivist albeit individual value theory. The body of scientific economics remains intact, as well as the political economic implication of...

Disputes the view of the communitarians, a recently emerged group of political theorists that individualism, especially the theory of atural individual rights, stands as an obstacle to desirable community life for human beings. Argues that the only objection of individualism to communitarianism...

What sets Rand apart from other critics of Marx is that she is a philosophical/ethical/ political individualist who rejects the claim by Marx that “The human essence is the true collectivity of man” and advances, instead, a neo‐Aristotelian theory to the effect that each of us is a human...

Some claim Marx was proved wrong by the collapse of the USSR but there is reason to think Marxism is more powerful than this view assumes. For example, the USSR never satisfied Marx′s view that socialism must be built on capitalism. Arguably, Marx is being borne out by some Western...