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The Great Shopping Cart Theft
CNN reports that cities across the nation are cracking down on abandoned shopping carts. They are fining retailers and imposing storage fees for carts the municipality collects. Some are also fining individuals who remove carts from store property, but most are putting responsibility for the great shopping cart theft on retailers. City officials argue that…
Imagine a World of Individual Flourishing
In “honor” of May Day, the socialist holiday celebrating the destruction of property rights, I offer Chapter 1 of Principles and Property Rights for free. Imagine no possessions, I wonder if you can, No need for greed or hunger, A brotherhood of man, Imagine all the people sharing all the world. John Lennon, “Imagine” We…
When the Context is Dropped
Denver is considering a law that would require developers to include below-market rate housing in new projects in order to obtain city approval. Known as inclusionary zoning, the proposed law is being modeled after a similar ordinance in Atlanta. Both laws are providing an example of the poor decisions that are made when the context…
Property Rights in Space: The Freedom to Create Values
Every human being has the moral right to take the actions necessary to create material values. Of course, many governments do not recognize this right, and individuals can be restricted in their freedom to create values and sustain their lives. The discussion of property rights in space is dominated by the premise that individuals should…
A Collision on the Left
A political controversy between housing advocates and construction labor unions has been brewing in California. These two groups generally agree on many political principles, and their disagreement over a proposed bill might confuse some. But the fact is, the very nature of those political principles makes such disagreements inevitable. Both housing advocates and labor unions…
Texas is Becoming More Like California
Unlike California, Texas has a reputation for being a business-friendly state. Unfortunately, Texas is becoming more like California. Whereas California legislators like to dictate what businesses can legally do, Texas legislators are increasingly dictating what businesses can’t do. California requires its pension funds to follow environmental and social governance (ESG) policies. Texas lawmakers are prohibiting…