All government wars are unjust.
Early economic theory was rooted in the Italian, French, and Spanish traditions, which were subjectivist oriented. Then it shifted onto the terrible path by Smith and Ricardo and the British classical tradition, which is ‘objectivist’ – values are in inherent in production.
Positivism eliminates any kind of natural law principle – for example, that there are economic laws which can be transgressed only at your peril. With positivism, there is a tendency to leap into ad hoc economic theory.
After the Volcker Fund collapsed, I got another grant from the Lilly Endowment to do a history of the U.S., which I worked on from 1962-66. The original idea was to take the regular facts and put a libertarian assessment on everything.
The State thrives on war – unless, of course, it is defeated and crushed – expands on it, glories in it.
Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology.
There is one good thing about Marx: he was not a Keynesian.
Libertarians regard the state as the Supreme, the eternal, the best organized aggressor against the persons and property of the mass of the public. All states everywhere, whether democratic, dictatorial, or monarchical, whether red, white, blue or brown.
It is in war that the State really comes into its own: swelling in power, in number, in pride, in absolute dominion over the economy and the society.
If you wish to know how libertarians regard the State and any of its acts, simply think of the State as a criminal band, and all of the libertarian attitudes will logically fall into place.