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Property rights and ownership

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"By property I mean the right that a worker has to the value he has created by his labor."

Bastiat, Frédéric

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"When a portion of wealth passes from the person who possesses it, without his consent and without compensation, to anyone who does not possess it, whether by force or by fraud, I say that property is violated, that plunder is committed."

Bastiat, Frédéric event 1850

menu_book The Law

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"Thou shalt not covet thy neighbour's house, thou shalt not covet thy neighbour's wife, nor his manservant, nor his maidservant, nor his ox, nor his ass, nor any thing that is thy neighbour's."

The Bible

menu_book Book of Exodus

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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

menu_book Capitalism and Freedom

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"Private ownership of goods is not contrary to natural law, but was introduced by human reason for the utility of human life. For natural law does not forbid private possession; rather, it requires that what is acquired by legitimate means be respected as belonging to its possessor."

Soto, Domingo de event 1553

menu_book De Iustitia et Iure (On Justice and Law)

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Soto, Domingo de

Dominican friar, confessor to Emperor Charles V, and professor at the University of Salamanca. His monumental De Iustitia et Iure (1553) is a found...

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