Property Rights

Humans have a tremendous amount of agency in how dangerous natural disasters end up being. Unfortunately, most politicians and government officials have become a major part of the problem. 

Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.

Economists like Harold Demsetz and Ronald Coase based their property rights views on utilitarianism. Murray Rothbard based his on justice.

Not surprisingly, the present government is rapidly politicizing artificial intelligence. We don’t have to look far for disastrous results.

The history of Zimbabwe has been one of stolen property and missed opportunities. It is time to recognize the importance of private property rights.

Not surprisingly, the present government is rapidly politicizing artificial intelligence. We don’t have to look far for disastrous results.

If a property owner, or someone acting under the owner’s authority, deploys physical force to remove an intruder from the premises, does that use of force by the owner against the intruder give the intruder a right to “self-defense”?

As Hayek noted, civilizations do not arise from political decrees, nor are they the simple product of culture. The costs of transacting exchanges also play an important role.

For too long, people have thought of the airwaves and waterways as “public” property that is best controlled by government. However, Murray Rothbard and others held that one could apply the institution of private property to both.

For too long, people have thought of the airwaves and waterways as “public” property that is best controlled by government. However, Murray Rothbard and others held that one could apply the institution of private property to both.