Steven Horwitz: Posted at The Coordination Problem Here is the most important blog post you will read all week, and it comes from the indispensible Bob Higgs. Bob points out that all the talk about “stimulating consumption” is beside the point because consumption spending is not the problem! Real personal consumption spending is now above [...]
Tag Archives: Private Property
The Role of Private Property in a Free Society
By Peter Boettke, Ph.D. “The true foundation of republican government is the equal right of every citizen in his person and property and in their management.” –Thomas Jefferson to Samuel Kercheval, 1816. Few concepts have been more important for human survival, yet maligned as unjust by intellectuals, as the concept of private property rights. Since [...]
Posted in Economics 101, Private Property Also tagged Adam Smith, American Revolutionaries, Aristotle, Classical Economists, David Hume, Entrepreneurial, F. A. Hayek, George Washington, James Madison, Ludwig von Mises, Peter J. Boettke, Private Property Rights, Scottish Enlightenment, Socialism, Thomas Jefferson, Wealth of Nations, Western Civilization 2 Comments
The Real Meaning of Thanksgiving: The Triumph of Capitalism over Collectivism
Written by Richard M. Ebeling Monday, 24 November 2008 00:00 This time of the year, whether in good economic times or bad, is when we gather with our family and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make [...]
What Is Law? [Part 2] – Frederic Bastiat
…Thus, since an individual cannot lawfully use force against the person, liberty, or property of another individual, then the common force—for the same reason—cannot lawfully be used to destroy the person, liberty, or property of individuals or groups. [From Part 1] Such a perversion of force would be, in both cases, contrary to our premise. [...]
Posted in Individual Liberty, Natural Law, Private Property Also tagged Individual Liberty, Justice Leave a comment
