Book excerpt: Property -- Morality and the state -- Libertarianism : a classic argument revisited -- Property as a moral phenomenon -- Property as a constraint on the state -- Property and the creation of value -- Aid -- Markets -- Morality and markets -- Luck and opportunity -- Wealth, disability and happiness -- The epistemology of popularity and incentives -- History -- Justice and the wealth of nations I -- Justice and the wealth of nations II -- Reparations, history and Nietzsche -- Theory and practice -- Dilemmas of political correctness -- Utopia and the real world