Wednesday, July 4, 2007

Life, Liberty and...

...
We all know those words, but but herewith is a bit of elaboration...I bet ya did not know the inspiring scholors of the founding fathers were real estate brokers!

The phrase is based on the writings of John Locke, who expressed a similar concept of "life, liberty, and estate (or property)". While Locke said that "no one ought to harm another in his life, health, liberty, or possessions", Adam Smith coined the phrase "life, liberty, and the pursuit of property". The expression "pursuit of happiness" was coined by Dr. Samuel Johnson in his 1759 novel Rasselas.

Written by Thomas Jefferson, the words in the Declaration were a departure from the orthodoxy of Locke and Smith. Locke's phrase was a list of property rights a government should guarantee its people; Jefferson's list, on the other hand, covers a much broader spectrum of rights, possibly including the guarantees of the Bill of Rights such as free speech and a fair trial. The change was not explained during Jefferson's life, so beyond this, one can only speculate about its meaning. This tripartite motto is comparable to "liberté, égalité, fraternité" (liberty, equality, fraternity) in France or "peace, order and good government" in Canada.

The phrase can also be found in Chapter III, Article 13 of the 1947 Constitution of Japan.

An alternative phrase "life, liberty and property", is found in the Declaration of Colonial Rights, a resolution of the First Continental Congress.

Happy Fourth to all. Call me at the office (see the right side of your screen) if you want to make yourself happy by buying a property (it'll make me happy too!).

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