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Property inheritance and transfer

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Redistribution of Wealth

LibertyPen event 1978

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"The inheritance of property is an important factor in maintaining family unity and in providing incentives for accumulation."

— Friedman, Milton event 1962

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"Remove the family motive, the prospect of passing one's enterprise to one's heirs, and you undermine the economy. You do not destroy it entirely, but you handicap it."

— Hülsmann, Jörg Guido event 2026

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"Man arrives on earth as a beggar, and as a beggar he leaves it. He receives all initial endowments from others. Eventually, he bequeaths to others whatever he may have accumulated over many years. Gifts at the beginning, gifts at the end."

— Hülsmann, Jörg Guido event 2024

menu_book Abundance, Generosity, and the State

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Abundance, Generosity, and the State

person Hülsmann, Jörg Guido event 2024

An Austrian economics analysis of generosity and giving, arguing that free markets foster genuine charity through wealth creation, while state redi...

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