Private Property

Social institutions matter most, and they are very wrong now: a huge improvement is possible, and freedom is the answer.

All consumers place a high value on their personal safety. The sellers of any consumer product must fulfill this desire in order to profit in a capitalist economy.

For libertarians who reject the legitimacy of the state,[29] or legislated law,[30] this is yet another defect of IP, and a conclusive one.

How do you at once enforce intellectual property and uphold the ideal of a university, which is, after all, about teaching and spreading ideas to others?

"As well as repudiating the Mississippi Union Bank bonds in 1840, the state effectively repudiated the debts owed to the state banks."

The system of voluntary exchange and experimentation based on secure private-property rights — what we loosely call "capitalism" — expands rather than restricts our material and nonmaterial opportunities.

The more entrepreneurs can engage in peaceful and coordinating actions that try to satisfy demands of consumers, the less likely war is made.

Halloween was all about treats, and, despite what the opponents of the exchange economy will tell you, there was no trick about it anywhere you looked.

Obviously, the free movement proviso is a far-reaching restriction of the property right of route owners as it would be defined according to the "freedom as property" conception, but it is not an arbitrary restriction — in fact, it is rooted the idea of freedom, which is, or should be, the supreme libertarian value.

What counts in the market are the externalities that can be derived from intellectual property. How to deal with these externalities is, of course, a different matter.