I got published at ValuesandCapitalism.com. I wrote about the prerequisites of economic progress.
Property rights are an essential ingredient for economic progress. If human beings doubt that the fruits of their labor will remain theirs to use as they wish, they will be less likely to work so hard gathering resources and more likely to consume their resources as soon as possible.
Read this article at ValuesandCapitalism.com, first published on Wednesday, January 15.