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Notable Quote

"To sell below the just price is loss to the seller; to buy above it is loss to the buyer. The prince cannot without injustice compel men to sell below the common price, for this is to force them to give what is theirs to others without compensation."

— Soto, Domingo de event 1553

From De Iustitia et Iure (On Justice and Law)

Context: On the injustice of price controls imposed below the market rate. De Iustitia et Iure (1553). Soto applies natural law reasoning to conclude that coercive price-setting violates the seller's property rights.

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school School of Salamanca balance Natural Law sell Price trending_up Free Market gavel Government Intervention balance Justice analytics Economics