No, that’s not a typo. Many of us are probably familiar with the famous phase Thomas Jefferson wrote in the U.S. Declaration of Independence (July 4th, 1776): “Life, Liberty and the pursuit of Happiness.” This historic document proclaims these to be inalienable rights of every human being on the planet. I agree.
What is not as well known is that John Locke, a 17th century English Philosopher, insisted that men “have a mind to unite for the mutual Preservation of their Lives, Liberties and Estates, which I call by the general Name, ‘Property.’”
Also, Adam Smith, an 18th century Scottish philosopher and economist whom some have called the father of free trade with his treatise The Wealth of Nations, penned the phrase “Life, Liberty and the pursuit of Property.”
Jefferson, according to historians, was a great follower of Adam Smith, and since he was well educated it’s very likely his inspiration for the phrase “Life, Liberty and the pursuit of Happiness” was derived from Locke and Smith.
Does Property (Real Estate) = Happiness?
Yes, I think there’s some truth to this.
…but of course, you know I’m a bit biased.
To the pursuit of your happiness!