Hayek Order
Saturday, September 24, 2011
Property or Poverty
T N Ninan
writes
: "The poverty industry has its own rackets, and if public money is to really go to the poor, we need realistic definitions based on proper data."
"Property rights are not universal entitlements. If I own some land then you do not own it. You lack entitlements that I enjoy, such as the profits made by farming that land. Such inequalities are inherent to property rights. Which may explain why human rights activists do not care for them."
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