Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that set of options which has economic value...It is the options, and not the physical things, which are the "property" - economically as well as legally...But because the public tends to think of property as tangible, physical things, this opens the way politically for government confiscation of property by forcibly taking away options while leaving the physical objects untouched.
You May Also Like / View all maxioms
Crime, like disease, is not interesting; it is something to be done away with by general consent, and that is read more
Crime, like disease, is not interesting; it is something to be done away with by general consent, and that is all about it.
The only way you can do that [decrease taxes, balance the budget, and increase military spending] is with mirrors, and read more
The only way you can do that [decrease taxes, balance the budget, and increase military spending] is with mirrors, and that's what it would take.
We don't want to go back to tomorrow, we want to go forward.
We don't want to go back to tomorrow, we want to go forward.
If the United States of America or Britain is having elections, they don't ask for observers from Africa or from read more
If the United States of America or Britain is having elections, they don't ask for observers from Africa or from Asia. But when we have elections, they want observers.
To some, freedom means the opportunity to do what they want to do; to most it means not to do read more
To some, freedom means the opportunity to do what they want to do; to most it means not to do what they do not want to do. It is perhaps true that those who can grow will feel free under any condition.
Force is the antithesis of freedom, but force must be used, if only to defend against other force.
Force is the antithesis of freedom, but force must be used, if only to defend against other force.
Why do grandparents and grandchildren get along so well? They have the same enemy -- the mother.
Why do grandparents and grandchildren get along so well? They have the same enemy -- the mother.
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions read more
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
Discontent does not invariably create a desire for change. Other factors have to be present before discontent turns into disaffection. read more
Discontent does not invariably create a desire for change. Other factors have to be present before discontent turns into disaffection. One of these is a sense of power.
