A 19th Century Economist on the Simple Secret to Public Prosperity

"Of all the means by which a government can stimulate production, there is none so powerful as the perfect security of person and property, especially from the aggressions of arbitrary power."

Source: A 19th Century Economist on the Simple Secret to Public Prosperity - Foundation for Economic Education

Regardless of your ideology, there are practical reasons why property rights are so important. One only has to look at how public property is treated by the public vs. how private property is treated by its owners to see why.

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