Private Property

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The Mirage of the Mortgage Fix

Capital and Interest TheoryInterventionismPrivate Property

Blog12/11/2007

The sea of inflationary credit is the core problem behind the falling dollar, the subprime crisis, the housing meltdown, not to mention the rise in the national debt and a thousand other problems. No one in Washington seems to understand the reason for the crisis, much less how to fix it. A good...

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High School Senior's Questions about IP

Philosophy and MethodologyPrivate PropertyProduction TheoryValue and Exchange

Blog12/07/2007

I received an impressive inquiry from a high school senior: “I am contacting you to ask if I can interview you for my senior project paper, which is a persuasive paper about why copyrights are invalid and impractical. I will have between 5-10 questions regarding intellectual property for...

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The sad, sad fate of renewed copyrights

Private Property

Blog12/06/2007

Here is one example of a million. It occurred to us the other day that it would be useful to have Robert Taft's book A Foreign Policy for Americans (1951) in print. It is not a great book but an important one for American political history because it establishes the essential non-...

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Contra the "Labor Theory of Property"

Private PropertyValue and Exchange

Blog10/23/2007

The Lockean (and Rothbardian) theory of initial acquisition of property involves the necessity of mixing one's labor with an object in the external environment. Once labor has been applied to a thing, it can legitimately become one's private property. The immediate question that arises...

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As Southern California Burns

The EnvironmentU.S. HistoryPrivate Property

Blog10/23/2007

Four years after the conflagration of 2003, we in southern California once again are enjoying the sight of pink skies not caused by the sun, the aroma of burning chaparral, and the sting of smoke getting in our eyes. One can only wonder: what is the role of government in this?

...

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Why Does Socialism Cause Pollution?

The EnvironmentPrivate Property

Blog09/16/2007

15 years ago Thomas DiLorenzo penned a concise piece detailing severals reasons and examples as to why socialism was not only unable to prevent pollution, but how it is the prime culprit in many cases.

The...

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The Blockean Proviso

Philosophy and MethodologyPrivate PropertySubjectivism

Blog09/11/2007

I was having an interesting discussion via email about one of Walter Block's arguments. A quick summary. Block says that just as nature abhors a vacuum, libertarianism "abhors" unowned...

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Thoughts on the Latecomer and Homesteading Ideas; or, why the very idea of "ownership" implies that only libertarian principles are justifiable

Calculation and KnowledgePhilosophy and MethodologyPolitical TheoryPrivate Property

Blog08/15/2007

The following is an edited version of my recent post on a libertarian discussion list. I've often noted how Hoppe's writings on libertarian ethics stress the importance of the "prior-later" distinction and the problems with the "latecomer" ethic. A few thoughts on...

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Coase and the light pole

Legal SystemInterventionismPrivate Property

Blog08/14/2007

Coasian ethics have come to roost in Ohio, or roast as the case may be (roasted soybeans in this instance).

The Columbus Dispatch reported that an Ohio Court of Claims...

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Ma Kettle and Bugs Bunny in China

Political TheoryPrivate Property

Blog03/26/2007

Seems the Communist Chinese have a better grasp of the sanctity of property rights than many US municipalities. The International Herald Tribune is reporting that Ma Kettle of Chongqing, China,...

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