Jan 18, 2020

Ludwig von Mises on private property

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will…. It thus becomes the basis of all those activities that are free from violent interference on the part of the state. It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and… material progress are rooted.

~ Ludwig von Mises, The Free and Prosperous Commonwealth, p. 67

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