Here’s what we’re reading today:
- “Property Rights to Surf Breaks” – A topic near and dear, obviously. From the Property and Environment Research Center. (Yes, the article is from 2010. But it’s new to us.) “Overall, Kaffine finds that at higher quality surf breaks, locals engage in more attempts to restrict entry by nonlocals, resulting in more secure property rights at such locations. The possibility that the private creation of property rights would be more likely to emerge for more valuable resources was first suggested by Harold Demsetz (1967).” Check it out.
- “US economy less competitive, and it is the legal system’s fault: Expert” – From CNBC, a report concluding that “‘The quality of the legal system in the United States has declined in the sense that it no longer delivers the rule of law or protection of private property like it once did,’
Continue Reading Monday Reading List: Property Rights In Space, In The Surf, And Elsewhere
