3min chapter

The "What is Money?" Show cover image

WiM046 - The Hillebrand Series | Episode 1 | Praxeology and Property

The "What is Money?" Show

CHAPTER

The Importance of the Local Monopoly on Violence

Most property is dependent upon the local monopoly on violence, right? Soa if anyone transgresses against that relationship between you and the property, you have recourse to the legal system or to force to correct that transgression. And even at that level of analysis, property rights exist. Itay, they are non man made, a immutable and an unescapable conditions that govern the behavior o human action so to say.

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