Useless Thoughts Running Through My Head

various musings of a generation x kad

Posts Tagged ‘public policy’

Peace through property rights

Posted by thoughtful1 on December 8, 2008

If you bother to read Registan.net, you may have already seen this.  In case you don’t read Registan.net, I humbly submit this bit of food for thought.

I hadn’t thought of it before, but it makes sense.  After all, I’ve heard that a strong rule of law is one of the keys to a stable economy.  It’s easier to do business if you know that any disputes you have will be settled in an organized, rational manner.  Thus, it follows that the ability to own property and have any property disputes settled in an organized, rational manner would also aid economic development.  And, money in people’s pockets tends to make them less antsy and biased towards revolution.

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