%0 Journal Article %T Of Private, Common, and Public Property and the Rationale for Total Privatization %A Hans-Hermann Hoppe %J Libertarian Papers %D 2011 %I Ludwig von Mises Institute %X In this paper, first, I want to clarify the nature and function of private property. Second, I want to clarify the distinction between ˇ°commonˇ± goods and property and ˇ°publicˇ± goods and property, and explain the construction error inherent in the institution of public goods and property. Third, I want to explain the rationale and principle of privatization. %K libertarianism %K public goods %U http://libertarianpapers.org/2011/1-hoppe-private-common-and-public-property/