Private Property

From Man, Economy, and State, narrated by Jeff Riggenbach.

From Man, Economy, and State, narrated by Jeff Riggenbach.

From Man, Economy, and State, narrated by Jeff Riggenbach.

From Man, Economy, and State, narrated by Jeff Riggenbach.

Throughout history, material privation and chronic insecurity were the norm, writes Robert Higgs.

The famous physiocratic tenet that only land is productive must be considered bizarre and absurd.

The 17th-century Dutch Protestant Hugo Grotius, deeply influenced by the late Spanish Scholastics, developed a theory of natural laws that he boldl

As "left" and "right" categories dissolve and become increasingly meaningless on the American ideological scene, as young people, with the collapse of both the SDS-Left and the liberal "consensus," grope toward a new philosophy and a new orientation,  right-libertarianism may ascend.

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.