It is an issue fraught with potentially perilous consequences, so it is especially important for libertarians to understand it correctly. This Mises Circle, which is devoted to a consideration of where we ought to go from here, seems like an opportune moment to take up this momentous question.

I should note at the outset that in searching for the correct answer to this vexing problem I do not seek to claim originality. To the contrary, I draw much of what follows from two of the people whose work is indispensable to a proper understanding of the free society: Murray N. Rothbard and Hans-Hermann Hoppe.

Some libertarians have assumed that the correct libertarian position on immigration must be "open borders," or the completely unrestricted movement of people. Superficially, this appears correct: surely we believe in letting people go wherever they like!