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Revisiting The Road to Serfdom | Part I

Part II : Originally published in 1944, Friedrich Hayek’s The Road to Serfdom serves as a grave and persuasive warning against government controlled economic activity. In response to the popular opinion of his time, Hayek felt urged to express his doubts and criticisms of various idealistic political concepts, almost all of which he was […]

Lockean Theory and The Transformation of Resources To Property

In sect. [28] (pp. 16) of his Second Treatise of Government, Locke poses an engaging question, that is ; when exactly a common resource becomes someone’s private possession. He uses the example of apples on a tree in unclaimed property. If a man is strolling through some woods and chances upon an apple tree, what […]