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quote icon More secular sources about the consequential role of private property can be cited. In The Constitution of Liberty, Nobel Laureate Friedrich Hayek writes that the recognition of private property is “an essential condition for the prevention of coercion.” He quotes Lord Acton as saying that “a people averse to the institution of private property is without the first element of freedom” and Henry Maine as asserting: “Nobody is at liberty to attack [private] property and to say at the same time that he values civilization. The history of the two cannot be disentangled.” In view of the alleged lack of individual liberty in classical Greece, writes Hayek, it deserves mention that in 5th century Greece the sanctity of the private home was so recognized that even under the rule of the “Thirty Tyrants,” a man could save his life by staying at home. The power of private property indeed.
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