Private Property

Displaying 61 - 70 of 477

Contra the "Labor Theory of Property"

Private PropertyValue and Exchange


The Lockean (and Rothbardian) theory of initial acquisition of property involves the necessity of mixing one's labor with an object in the external environment. Once labor has been applied to a thing, it can legitimately become one's private property. The immediate question that arises is, ...

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As Southern California Burns

The EnvironmentU.S. HistoryPrivate Property


Four years after the conflagration of 2003, we in southern California once again are enjoying the sight of pink skies not caused by the sun, the aroma of burning chaparral, and the sting of smoke getting in our eyes. One can only wonder: what is the role of government in this?


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Why Does Socialism Cause Pollution?

The EnvironmentPrivate Property


15 years ago Thomas DiLorenzo penned a concise piece detailing severals reasons and examples as to why socialism was not only unable to prevent pollution, but how it is the prime culprit in many cases.


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The Blockean Proviso

Philosophy and MethodologyPrivate PropertySubjectivism


I was having an interesting discussion via email about one of Walter Block's arguments. A quick summary. Block says that just as nature abhors a vacuum, libertarianism "abhors" unowned property; that the...

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Thoughts on the Latecomer and Homesteading Ideas; or, why the very idea of "ownership" implies that only libertarian principles are justifiable

Calculation and KnowledgePhilosophy and MethodologyPolitical TheoryPrivate Property


The following is an edited version of my recent post on a libertarian discussion list. I've often noted how Hoppe's writings on libertarian ethics stress the importance of the "prior-later" distinction and the problems with the "latecomer" ethic. A few thoughts on this, which occurred to me...

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Coase and the light pole

Legal SystemInterventionismPrivate Property


Coasian ethics have come to roost in Ohio, or roast as the case may be (roasted soybeans in this instance).

The Columbus Dispatch reported that an Ohio Court of Claims...

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Ma Kettle and Bugs Bunny in China

Political TheoryPrivate Property


Seems the Communist Chinese have a better grasp of the sanctity of property rights than many US municipalities. The International Herald Tribune is reporting that Ma Kettle of Chongqing, China,...

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The Minimum Wage and the "Blood Tax"

Taxes and SpendingPolitical TheoryPrivate Property


Just before Christmas I received the following from Joe Fullmer, and submit it to readers for their consideration:

"I am a lay economist — I have no formal training, but I read much, and annoy my friends and associates. So, my comments aren't...

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