(by Claudio Grass | Mises Institute) – It wouldn’t be an exaggeration to argue that private property rights, as understood by classic liberal thinkers, by those who embrace Austrian economic theory, and by all members of an enlightened society, are not only the cornerstone, but also the last defense of human civilization and the Western way of life in particular. Nothing stands a chance without this premise. No prosperity can ever come about or even be maintained, none of the civil liberties and human freedoms we so often take for granted these days, no innovation in business, technology or science. The […]

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