Natural-Law Libertarianism and the Pursuit of Justice

“Natural rights libertarian theorists such as Murray Rothbard and Hans Hermann Hoppe also combine ethical principles with the economic methodology of Ludwig von Mises – praxeology – to determine what economic system is most compatible with the Private Property Ethic in maximizing prosperity (they determine, as anarcho-capitalists, that a purely free market is the most compatible with this end), and they derive from this economic framework the most compatible legal framework that, combined with the libertarian theory of justice, will most effectively handle disputes. The complete libertarian political framework provides both an ethical and a pragmatic answer to political questions, but Brink Lindsey appears to live in a world in which a libertarian must choose to deal exclusively with one category or the other. This one-sided approach to libertarianism is neither desirable nor possible (after all, even if one were to make an exclusively pragmatic argument, as Lindsey advises, then the assumption of any “goodness” of the results of the policies prescribed tacitly depend on some ethical value judgment to begin with).”

https://mises.org/blog/natural-law-libertarianism-and-pursuit-justice