This four-volume set is part of an annual series dedicated to the work of John Locke. These four volumes (available separately) deal with property rights in terms of being a guarantor of liberty; as rent seeking; as part of the constitutional order; and as part of the liberty-state relationship.

The Locke Institute is an independent, non-partisan educational and research organization, seeking to engender a greater understanding of the concept of natural rights, its implications for constitutional democracy and for economic organization in modern society.

"The Economics of Budget Deficits" provides a comprehensive overview of the scholarly literature exploring the causes and consequences of deficit spending and the public debt. Incorporating classical, Keynesian and public choice analyses of debt-financed public expenditures, the two volumes contain major theoretical and empirical contributions to the debate. They cover such critical fiscal policy issues as the history and measurement of budget deficits, the question of who bears the burden of the public debt, the use of deficits to solve problems of dynamic policy inconsistency and the...

This work analyzes the history of US trade policy and explains why interest groups are able to foster protectionist policies despite the advantages which free trade offers consumers. The authors also explain why the principles of managed trade - like GATT - are subverted by protectionism.

This collection of four essays defends classical liberal philosophy and presents a convincing justification of the minimal state. In addition, the editor explains why some notable classical liberal scholars have abandoned classical liberalism.