The idea that property rights provide the foundation for a free society has long been understood. To those who penned the Magna Carta in England, as well as to the American Founding Fathers who drafted the Declaration of Independence and the Constitution, protecting private property was of utmost importance. Today, however, property rights are being threatened by a variety of state, national, and international forces. The U.S. Supreme Court, for example, dealt property rights protection a significant setback in a case concerning property near Lake Tahoe, ruling against landowners and holding that they were not entitled to compensation for losses caused by regulatory restrictions. Although the Tahoe case pales in comparison to some of the takings by tyrannical governments in other parts of the world, it illustrates the necessity of vigilance and of understanding the relationship between secure property rights and a free society. This book seeks to explain the crucial connection between secure property rights, freedom, and prosperity. Drawing on the thoughts of various philosophers, political thinkers, economists, and lawyers, the authors present a blueprint for the nonexpert on how societies can encourage or discourage freedom and prosperity through their property rights institutions. They detail step-by-step what property rights are, what they do, how they evolve, how they can be protected, and how they promote freedom and prosperity.
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The U.S. Supreme Court, for example, which recently dealt property rights protection a significant setback in a case concerning property near Lake Tahoe, ruling against landowners and holding that they were not entitled to compensation for losses caused by regulatory restrictions.
Although the Tahoe case pales in comparison to some of the takings by tyrannical governments in other parts of the world, it illustrates the necessity of vigilance and of understanding the relationship between secure property rights and a free society. This book seeks to explain the crucial connection between secure property rights, freedom, and prosperity. Drawing on the thoughts of various philosophers, political thinkers, economists, and lawyers, the authors present a blueprint for the nonexpert on how societies can encourage or discourage freedom and prosperity through their property rights institutions. They detail step-by-step what property rights are, what they do, how they evolve, how they can be protected, and how they promote freedom and prosperity.
Terry L. Anderson is the Martin and Illie Anderson Senior Fellow at the Hoover Institution. The author or editor of twenty-two books, Anderson also serves as executive director of the Political Economy Research Center in Bozeman, Montana. Laura E. Huggins is a research fellow at the Hoover Institution.
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A Great Primer,
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This review is from: PROPERTY RIGHTS (HOOVER INST PRESS PUBLICATION) (Paperback)
If you need a book to begin understanding the basics of property rights and some of the complex issues that surround them, this is your book.
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ANYONE WHO has observed children quarreling knows that disputes occur when the rules are not clear. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
property rights entrepreneurs, enforcing property rights, private definition, secure property rights, eminent domain power, protecting property rights Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Cents Only, Fifth Amendment, Magna Carta, Will Property Rights Be Preserved New!
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- The Virtue of Selfishness (Signet) by Ayn Rand on page 1, and Back Matter
- Knowledge And Decisions by Thomas Sowell on page 13, and Back Matter
- Who Owns the Environment? (The Political Economy Forum) by Peter J. Hill in Back Matter (1), and Back Matter (2)
See all 44 books this book cites
- Application of the Divine Principle: A Blueprint for World Peace by John Godwin on page 503
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