(Don Boudreaux)
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… is from U.S. Supreme Court Associate Justice Potter Stewart’s majority opinion in the 1972 case Lynch v. Household Finance Corp.:
Such difficulties indicate that the dichotomy between personal liberties and property rights is a false one. Property does not have rights. People have rights. The right to enjoy property without unlawful deprivation, no less than the right to speak or the right to travel, is, in truth, a “personal” right, whether the “property” in question be a welfare check, a home, or a savings account. In fact, a fundamental interdependence exists between the personal right to liberty and the personal right in property. Neither could have meaning without the other. That rights in property are basic civil rights has long been recognized.
Published on July 14, 2022 01:30
