American Law Made Us The Engine Of Prosperity

[PoliticalChic]

10. The fact is that the Anglo-American legal system set England and America to be the most prosperous nations in modern times. And, at the heart of the system is equality before the law.


“This requirement gives a restrained character to law, for if lawmakers must obey what they impose on others, the law cannot easily have a dictatorial character.

Where equality before the law is a reality, the security of property will not be far behind. It will emerge in the interstices of the ‘golden rule.’…transactions will be by consent.”

Bethell, “The Noblest Triumph,” p. 80-81



Property rights precede liberty. Perhaps some know that before it became “life, liberty, and the pursuit of happiness” in our Declaration of Independence, John Locke wrote that man has a right to “life, liberty, and property.” Property Rights Have Personal Parallels

 

[alang1216]

10. The fact is that the Anglo-American legal system set England and America to be the most prosperous nations in modern times. And, at the heart of the system is equality before the law.


“This requirement gives a restrained character to law, for if lawmakers must obey what they impose on others, the law cannot easily have a dictatorial character.

Where equality before the law is a reality, the security of property will not be far behind. It will emerge in the interstices of the ‘golden rule.’…transactions will be by consent.”

Bethell, “The Noblest Triumph,” p. 80-81



Property rights precede liberty. Perhaps some know that before it became “life, liberty, and the pursuit of happiness” in our Declaration of Independence, John Locke wrote that man has a right to “life, liberty, and property.” Property Rights Have Personal Parallels

You don't think the fact that the Brits colonized and exploited a good percentage of the globe had anything to do with it? We pretty much did the same to our small piece of the new world.