The Mystery of Property Rights: A U.S. Perspective
Economic development requires both secure property rights and the ability to reallocate property in response to technological and other changes. Significant reallocations have occurred repeatedly throughout U.S. history and have often been involuntary. This essay considers the question of how property rights can be subject to frequent involuntary reallocation and still be considered secure. null
Volume (Year): 71 (2011)
Issue (Month): 02 (June)
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