15.1 The Basics of Property Rights || Stephan Kinsella
Wasabi Wallet
Property rights rest on three principles, per Kinsella: self-ownership, homesteading (first use), and voluntary exchange. Patents and copyright violate these by restricting how others use their own property—a factory owner can't improve a patented product, a printer can't reproduce copyrighted text. This redistribution stifles innovation: patent holders stop improving once monopoly-protected, whil

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