The limits of property and freedom

Davidson, S 2012, 'The limits of property and freedom', International Trade and Business Law Review, vol. 15, pp. 385-393.


Document type: Journal Article
Collection: Journal Articles

Title The limits of property and freedom
Author(s) Davidson, S
Year 2012
Journal name International Trade and Business Law Review
Volume number 15
Start page 385
End page 393
Total pages 9
Publisher Murdoch University * School of Law
Abstract It is with some hesitation and reluctance that I propose to disagree with the great Austrian economist and European liberal Ludwig von Mises. While I agree that capitalism has created rising standards of living for all and there is no better social system known to produce better results, it is not enough to simply look around and see its monuments. Capitalism and the institutions of free markets and personal liberty do need apologists and do need propagandists. There is a great tension between the underlying institutions that enable western civilisation in general, and rree markets in particular, to function. The trade-off between individual freedoms and collective coercion has long been debated by liberal philosophers; the problem is well understood, yet it is quite clear that the extent of collective coercion has increased while many personal liberties have declined.
Subject Applied Economics not elsewhere classified
Keyword(s) Trade
business
law
Copyright notice © 2012 Murdoch University
ISSN 1836-8573
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