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What is property

The concept of property defines boundary's and personal jurisdiction.

Why is it property?

Property = only proper

Property taxes


Property is theft

If property is theft, then the government is the biggest thief.

Why property is not theft?
Why property is not theft


   --  Ayn Rand

-- Ayn Rand


   --  Ayn Rand

Right of exclusion

The analogy between Free Speech Toleration and Ownership toleration.
The RIGHT OF EXCLUSION that barely remains in Private Property itself.




Prohibition and property

Quote 1093

The economics of prohibition implies an analysis of the pecuniary costs and benefits of prohibition, but it also entails much more than this. First, the relevant costs and benefits are far more than simply monetary – they include all the individual and social costs and benefits. Second, at its heart economics is the study of property rights and the consequences that arise from different regimes for the ownership of property. Owning a property title involves owning a bundle or collection of rights. A person who owns a property can do what he or she wants with it: they may use it, rent it, donate it, transfer it, sell it or even destroy it. If, however, another entity may prevent an individual from using their property as they wish, then that other entity has a partial right of ownership of that property. Hence, when planning laws prevent a person from demolishing a listed building, the government obtains part-ownership of that property because it has a say in its use. Similarly, when government prevents an individual from choosing to imbibe cocaine or engage in prostitution, it may be said to have taken part-ownership of that person as it has a say in how they use their body. Slavery and military conscription are examples of other people taking almost complete ownership of a person, but all prohibitions involve government assuming at least partial ownership rights in its citizens. By assigning partial ownership rights in citizens to the state, prohibitions necessarily involve a diminution of individual liberty. People without the power to choose what they do with their bodies cannot be said to be as free as people with such a choice, and a society in which many activities are prohibited cannot be considered a free society. For this reason, prohibitions must be carefully justified. It must be shown that the benefits of prohibition outweigh the costs. But the most important cost may be the most difficult to measure and to quantify: the cumulative cost of many small and seemingly unimportant restrictions on individual liberty. Freedom is rarely lost in one dramatic incident, but is more commonly gradually taken away as many seemingly minor restrictions on personal freedom cumulatively take effect.

   --  IEA

First Possession


Limits of property rights

-- Robert Nozick




Do you own your land?