Who first proposed crime insurance?

01/18/2008 Mises Wire Gil Guillory

Was it Thomas Aquinas? In his Summa Theologica he writes II-II-62-7:

...persons in authority who are bound to safeguard justice on earth, are bound to restitution, if by their neglect thieves prosper, because their salary is given to them in payment of their preserving justice...

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

What Is The Mises Wire?

Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

Submitting articles to Mises Wire

Reprints, Permissions & Copyrights

The views expressed on Mises Wire and mises.org are not necessarily those of the Mises Institute.

Subscribe to the Mises Wire

Latest Articles

Final Nail in America’s Coffin?

04/23/2024 Power & Market Ron Paul

When future historians go searching for the final nail in the US coffin, they may well settle on the date April 20, 2024. On that day Congress passed legislation to fund two and a half wars, hand what...

Take the Clear Pill on Inflation

04/23/2024 Power & Market Artis Shepherd

On April 10th, the Bureau of Labor Statistics reported figures for the March Consumer Price Index (“CPI”). CPI purports to represent changes in the overall price level of the American economy – an...

The FBI and CIA Are Enemies of the American People

04/23/2024 Mises Wire Ryan McMaken

Joe Rogan and Tucker Carlson sat down for a three-hour-plus discussion on the Joe Rogan Show last week, covering everything from UFOs, to religion and artificial intelligence. But perhaps the most...

Anarchy, State and Utopia: Robustly against Redistributive Taxation for 50 Years

04/23/2024 Mises Wire Charles Amos

Robert Nozick’s classic of political philosophy Anarchy, State, and Utopia turns fifty this year. His blasting of the redistribution of wealth shook academia to its core in 1974, and its intellectual...

Ireland’s Progressives Lose Big in the Irish Family and Care Constitutional Referenda

04/23/2024 Power & Market Sergio Fernández Redondo

Two constitutional referenda were held in Ireland on the 8th of March to revise the wording of the constitution, to widen the definition of family and redefine gender roles in the provision of care...

Meet the Writer

Gil Guillory

Structure of Production of Free Market Adjudication

03/15/2011 Gil Guillory

Session on Law and Property. Recorded March 11, 2011, at the Ludwig von Mises Institute in Auburn, Alabama. [25:30]

Rethinking the Fourth Amendment: Ethics, History, Theory, and Empirics

03/14/2010 Gil Guillory

Recorded March 13, 2010, at the Ludwig von Mises Institute in Auburn, Alabama.

Subscribe to our Mailing Lists

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member