Quotation of the Day…

(Don Boudreaux)

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… is from page xi of the 2008 third edition of James W. Ely’s important book The Guardian of Every Other Right: A Constitutional History of Property Rights:

Defense of economic rights figured prominently during the American Revolution and at the Constitutional Convention of 1787. The founding generation stressed the significance of property ownership as a safeguard for political liberty against arbitrary government as well as the economic utility of private property.