By DCT | December 11, 2009
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 at least [...]
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 |
By DCT | November 28, 2009
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 [...]
Posted in Economics 101, Free Markets, Individual Liberty | Also tagged Capitalism, Communism, Governor William Bradford, Great Britian, Mayflower, New World, Pilgrim Fathers, Plymouth Massachusetts, Puritans, Richard M. Eberling, Thanksgiving |
By DCT | February 27, 2009
It appears that we are witnessing, not only an all out assault on the greatest free-market system in the world, but the re-engineering of American society. The statements made by, then candidate, Barack Obama, that this economic recovery will be from the bottom-up, and the, “don’t you believe in spreading the wealth around,” were [...]
By DCT | January 21, 2009
…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. Force [...]