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Saturday, October 26, 2013

The Economics and Ethics of Private Property

                                           
The Economics and Ethics of Private Property











Do not steal" is an excellent principle of ethics; it is also the first principle of sound economic systems. The topics covered by Hoppe are wide ranging: employment, interest, money, banking, trade cycles, taxes, public goods, war, imperialism, and the rise and fall of civilizations. The core theoretical insight uniting the entire discussion is as consistently applied here as it is neglected by the economic mainstream: the absolute inviolability of private property as a human right as the basis of continuous economic progress



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