For Doug: You said movements turn into rackets. Are there movements that didn’t?
[15:52]
Doug French
It’s hard to imagine. Even with the best intentions, you’d need angels running these organizations. A wise man once told me, “No tank, no think.” If you want a think tank, you need to raise money, but then money becomes the mission. It’s not too different from the private sector, but in the private sector, people pay directly for a good or service, so it’s not a scam. In nonprofits or politics, you raise money from one group and give it to another, which is always an issue. Your customers aren’t your donors. Only in a private capitalist society does a movement for a good avoid turning into a scam.
[18:21]
Hans-Hermann Hoppe
So, the PFS isn’t a racket, right?
[18:27]
Doug French
In the case of PFS, the consumers are the payers, like a private business. That means we’re angels, yes. [Applause] I assume you took that from my comment. The doctors are angels; they only reach out for funds when they have a fabulous product to provide. It’s not like Hans and Gerd are building pyramids in Istanbul or Bodrum for underemployed academics to do deep thinking. We provide funds willingly, enjoy the fruits, and 16 years prove it’s worth it—not a scam. Hopefully, it lasts 16, 32, or 48 more years. How long will you live, since you’re an angel?
As noted here, PFS 20, the 2025 Annual Meeting of the Property and Freedom Society, will be held from Thursday, September 18, 2025 to Tuesday, September 23, 2025, in Bodrum, Turkey, at the Hotel Karia Princess.
Those interested in attending should contact Dr. Hoppe or Mr. Thomas Jacob (jacob@pfs-zurich.ch) (Administrative Secretary/Membership), regarding conditions, availability, and requirements.
Speakers and topics for previous Annual Meetings may be found here.
To donate with BITCOIN please use the address below. If you would like us to credit your payment (for dues, conference fees, etc.) please email Stephan Kinsella (nskinsella@gmail.com) when you make the bitcoin payment.
17M9V6m5X5Da4vNM5wWLjzcHz9qF36FPk6
“Property does not exist because there are laws, but laws exist because there is property.” — FrédéricBastiat
“Because the concept of property, for instance, is so basic that everyone seems to have some immediate understanding of it, most people never think about it carefully and can, as a consequence, produce at best a very vague definition. But starting from imprecisely stated or assumed definitions and building a complex network of thought upon them can lead only to intellectual disaster. For the original imprecisions and loopholes will then pervade and distort everything derived from them. To avoid this, the concept of property must first be clarified.” —Hans-Hermann Hoppe, TSC, ch. 2
The Property and Freedom Society (PFS; Facebook) stands for an uncompromising intellectual radicalism: for justly acquired private property, freedom of contract, freedom of association—which logically implies the right to not associate with, or to discriminate against—anyone in one's personal and business relations—and unconditional free trade. It condemns imperialism and militarism and their fomenters, and champions peace. It rejects positivism, relativism, and egalitarianism in any form, whether of "outcome" or "opportunity," and it has an outspoken distaste for politics and politicians. As such it seeks to avoid any association with the policies and proponents of interventionism, which Ludwig von Mises identified in 1946 as the fatal flaw in the plan of the many earlier and contemporary attempts by intellectuals alarmed by the rising tide of socialism and totalitarianism to found an anti-socialist ideological movement. Mises wrote: "What these frightened intellectuals did not comprehend was that all those measures of government interference with business which they advocated are abortive. ... There is no middle way. Either the consumers are supreme or the government."
(A more complete statement of our Principles can be found here.)
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