Property Rights
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Without Economic Freedom, None of the Others Matter
“Forbidding entrepreneurial ventures that have not been granted prior approval and design review by unelected officials is, practically speaking, state ownership of the means of production.” ~ Paul Schwennesen
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The Economics of Mending Wall
“Robert Frost’s masterful poem gives economists and students many opportunities to learn about property rights, self-governance, and peaceful cooperation.” ~ Byron B. Carson
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Innocence Doesn’t Matter When the Government Wants to Steal Your Money
“If we truly believe that Americans should be considered innocent until proven guilty, not guilty until proven innocent, then we need to end the scourge of civil asset forfeiture entirely.” ~ Joe Setyon
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Seth Rogen’s Car
“Don’t let people like Rogen get away with saying, ‘It’s called ‘living in a big city.’ It’s not. It’s about defining what kinds of victimization you’re comfortable seeing others go through.” ~ Lou Perez
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Constituting Constitutional Economics
“As Smith himself put it: ‘Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice.'” ~ Alexander William Salter
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Supreme Court Grants Rare Win For Economic Freedom
“The Court’s decision marks a step in the right direction towards a judicial regime that enforces the Constitution and does not view it as simply a welcome mat for the ambitions of state actors. Although it is only one decision, it should send a clear signal that in this country, under this constitution, the inalienable…
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Understanding Big Tech Dominance Requires Economics, Not Conspiracy Theories
“Intellectual property laws, not childish conspiracy theories, explain the persistent dominance of Big Tech and social media.” ~ Peter C. Earle
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Acknowledge This!
“The NGC sees land acknowledgments as the first step toward ‘returning land’ but that cannot happen in any significant way because its market value has been vastly augmented over the centuries. To seize it, or even to impose a ground rent, would be an unconstitutional taking and an unconstitutional ex post law if there were…
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Is the Amazon Really a Market Failure?
“A government strong enough to assign and enforce private property rights in remote areas wouldn’t have a problem with (excessive) deforestation in the first place. A government weak enough – or uninterested enough – that it’s unable to do so, couldn’t credibly abstain from chopping down trees, or promise that its citizens won’t do so…
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Who Owns Leftover and Abandoned Bar Food?
“Figuring out the exact property rights isn’t worth the hassle: it’s too little and too rare to care about enforcing whatever legal right might be applicable in various jurisdictions. In practice, the ownership of leftover food is up to the social norms in the country you’re in, or even the attitude of the staff at…
