In Who Owns the Sky? The Struggle to Control Airspace from the Wright Brothers On, UCLA law professor Stuart Banner examines how the United States moved from the ad coelom rule
As I see matters, private-property rights are of crucial importance to civilization. They are what distinguishes us from the barbarians. To the extent we give in to the enemies of property rights, we reduce ourselves.
Time preference, one of the fundamental concepts of economics, is the ratio between the present values of present and future goods. Mises (1949) holds that time preference is the only reason
To analyze the feasibility of applying the Coase Theorem, this article uses two traditional arguments, economic calculation and non-neutral effects, found in the Austrian literature.
oth the establishment of property rights and their violation spring from actions: acts of appropriation and expropriation. However, in addition to a physical appearance, actions also have an internal, subjective aspect.
Changes in ownership titles are essential to understanding competitive dynamics and, more broadly, the market process. There is ample evidence that a crucial source of productivity growth,
This book is a thorough, lively, and almost encyclopedic defense of private-property rights. In this benighted age, there are not too many of those around.
In recent years a new and powerful critique of our current criminal justice system has been advanced by advocates of a totally new approach to crim
In reviewing the contributions of Adam Smith to the growth of economics Hans Brems writes that “[m]uch of what Smith had to say had been said
In the pages of an obscure book first published in 1722, there lurks one of the finest essays on property rights ever penned.
