Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast numbers of people who do not themselves exercise these rights.

p. Applied Economics: Thinking Beyond Stage One ISBN 0-465-08143-6
2002. ISBN 978-0-300-10775-3.

He is the author of more than 30 books. He dropped out of high school and served in the United States Marine Corps during the Korean War. Since 1980 he has worked at the Hoover Institution at Stanford University.