Private Property

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Joakim Book

The socialist elites that dominate our institutions insist that private property is nothing more than a social construct held together by violence. As usual, they misunderstand that scarcity itself, which is the basis for economics, is also the basis for private property.

Jörg Guido Hülsmann

State-provided gratuitousness is not only sterile but positively harmful, the exact opposite of the gratuitous goods provided by free and responsible citizens. The truth is that generosity and abundance flourish in a free economy.

Wanjiru Njoya

Postmodern and Marxist "scholars" claim that private property simply is a social construct that is a product of white racism. Austrians reply that private property comes from natural rights, not vague social decrees.

David Gordon

In his new book Abundance, Generosity, and the State: An Inquiry into Economic Principles, Guido Hülsmann explains how mutual economic exchanges create gratuitous benefits. As David Gordon notes, Hülsmann’s insight is an important addition to economic understanding.