The Power of Property Rights

Tom W. Bell

Prof. Tom W. Bell teaches at Chapman University School of Law, where he specializes in intellectual property and high-​tech law. Prior to Chapman, Bell served as Director of Telecommunications and Technology Studies at the Cato Institute.

Why are property rights important, even for those who own the least? Professor Tom W. Bell of Chapman University School of Law explains that property rights allow people to live together in peace, prosperity, and freedom. They prevent conflicts over scarce resources, encourage productive labor, and discourage waste. Bell bolsters his argument by drawing on classical liberal scholars such as Friedrich Hayek, Randy Barnett, Robert Nozick, and Ludwig von Mises.

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