Private property in the instruments of production is an institutional device both for dispersing power and for securing effective organization of production. The only simple property system is that of a slave society with a single slave owner - which, significantly, is the limiting case of despotism and of monopoly. Departure from such a system is a fair measure of human progress.
Private property in the instruments of production is an institutional device both for dispersing power and for securing effective organization of pro… - Henry Calvert Simons
Private property in the instruments of production is an institutional device both for dispersing power and for securing effective organization of pro…
- Henry Calvert Simons
Attempting mischievous and salutary irritation of his peers ... Keynes may only succeed in becoming an academic idol of our worst cranks and charlata… - Henry Calvert Simons
Attempting mischievous and salutary irritation of his peers ... Keynes may only succeed in becoming an academic idol of our worst cranks and charlata…
Economics is primarily useful, both to the student and to the political leader, as a prophylactic against popular fallacies. - Henry Calvert Simons
Economics is primarily useful, both to the student and to the political leader, as a prophylactic against popular fallacies.
The libertarian good society lies... in the maximum dispersion of property compatible with effective production or, as process, in progressive reconc… - Henry Calvert Simons
The libertarian good society lies... in the maximum dispersion of property compatible with effective production or, as process, in progressive reconc…
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