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The “Community Good” and Property Rights
ByjbpThis was originally posted on Live Oaks on April 12, 2010. Comments have not been migrated. We are often told that property rights must occasionally be sacrificed for the “common good”. One local blogger repeats this claim, noting that city officials must wage a constant balancing act between the two: This central dilemma is the…
Free Market Solutions
This post is the second in a series. Before I could determine if Ayn Rand was correct in claiming that “without property rights, no other rights are possible,” I had to understand what property rights really means. Sure, I could recite the definition: “The right to property means the freedom to produce, use, and trade…
Eminent Domain: Condemning Self-interest
The process of exercising eminent domain is called condemnation. According to the Texas Property Code, If an entity with eminent domain authority wants to acquire real property for public use but is unable to agree with the owner of the property on the amount of damages, the entity may begin a condemnation proceeding by filing…
Free Speech or Property Rights?
Over the past decade (and perhaps longer) there has been a trend for business owners to claim that a law violates their free speech rights. A recent example comes from Oregon, where the owner of a vape shop is claiming that regulations prohibiting him from describing the contents of the products that he sells violates his…
It’s All About Property Rights
Ayn Rand correctly wrote that without property rights, no other rights are possible. And the reason is, it’s all about property rights. The right to property means the freedom to produce, trade, and use material values. If you are like most people, the bulk of your waking hours are spent producing, trading, or using material…