October 21, 2011

Living Better Together

  • Peter J. Boettke

    Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
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In this article, Peter J. Boettke likens Gerald Gaus’s argument to the work of Friedrich Hayek and James Buchanan in political economy and public choice. He argues that property rights are integral to any generalized liberal system; without them, and without the means of increasing economic wealth through the market process, society will devolve into a fight over resources. Private property is thus a part of the basic framework of any liberal society.

To read this journal article, please visit Cato Unbound