"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" limited liability, Huebert - TT's Lost in Tokyo

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Rot at the core: When will Tom Woods and other "Free Market intellectuals" have second thoughts about the state grant of limited liability to shareholders? by TokyoTom

Tom Woods , in his recent "Another "Free Market" Intellectual Has Second Thoughts" post at the Mises Economics Blog, notes with great disappointment that Richard Posner is about to publish a book that will apparently abandon the free...

[Revised] Corporations, the state, limited liability and rent-seeking: Some criticisms of Huebert and Block's criticisms of Long by TokyoTom

[Update: Items 2 & 3 revised and an item 4 added.] J.H. Huebert and Walter Block have posted a critique of Roderick Long 's recent Cato essay . Allow me to make a few comments: 1. Huebert and Long argue that "There Is No Such Thing as Corporate...