Private Property

The Chinese communists are quite right when they accuse Khrushchev of flirting with capitalism. If he continues in this direction, while we continue our drift into socialism, Russia may indeed one day outproduce us.

Private ownership of the means of production is the fundamental institution of the market economy.

If a handful of large US banks will be the major beneficiaries of the Panama Canal treaty, have they also had any role in lobbying for or negotiating the treaty itself? Or will their gains be merely a lucky windfall from decisions made by the US government for very different reasons?

This tuna episode is just another demonstration of the conflict that arises whenever government regulation tries to solve a problem caused by a lack of property rights. If people owned portions of the oceans.

The number of inhabitants in a state depends on their means of subsistence. The means of subsistence depend on the method of cultivating the soil, and this method depends chiefly on the taste, desires, and manner of living of the property owners.

The national furor over the TSA's new procedures has elicited the typical response from the bureaucracy and its apologists. These invasive scans and "enhanced pat-downs" are for your own good. You don't want another attack, do you?

Murray Rothbard, in his life, was known as Mr. Libertarian. We can make a solid case that the title now belongs to Walter Block, a student of Rothbard's whose own vita is as thick as a phone book, as diverse as Wikipedia.

If it were not for the police, lawlessness and chaos would rule; therefore, we owe our safety, our civilization, our very lives to the selflessness and dedication of the police; thus, police are our "heroes." So we were told, and so we believed.

There is no clash between Locke’s libertarian concerns and devotion to “classical virtue.” Devotees of liberty, property, and fre

Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 9 October 2010.