Bonus Quotation of the Day…

by Don Boudreaux on October 8, 2016

in Myths and Fallacies, Property Rights

… is from page 36 of Anthony de Jasay‘s brilliant 1997 volume, Against Politics:

The view that property relations must be decided by the state and remain ill defined if they are not is a widely used tacit assumption in many branches of the social sciences, not least by the law-and-economics school.  It is warranted by neither theory nor evidence.


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