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 Concept of Property

The concept of property is the relationship between an individual and a thing. You are your most personal property, you have control over your body,. Your food, land that you stand on, clothes that you wear or tools to solve problems. There are many scarce resources which have this exclusivity of ownership so that only one individual can use them in his problem solving process.

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