Exactly, even mainstream economists point this out in their own way. Capital and income are meaningless unless they are "legible" to states and recognized by property law. Poor people can accumulate tons of productive assets and use them, but as long as it all remains in the informal economy it's not going to be harnessable by mainstream industrial society, and of course it won't be reported in the official statistics.
This problem is especially acute with states that are weak and riven by local corruption, like they often are in poor countries. The stats can't be trusted, we have no idea how good or bad the poorest people actually have it.
> The article makes the general point that the only reason poor countries are poor is because of a lack of property rights (or enforcement thereof). They use a bunch of anecdotes and talking points from a think tank to convince us of this.
FWIW, one of the authors (an economist) also has a pretty well regarded book on this: https://www.amazon.com/dp/B00CW0MA1S/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
Yeah, someone should write a book or make a movie about how the government defends ownership of property.
The thing that made estates and future interests click for me was just doing A LOT of practice questions. I also liked our workbook, Amazon Link
This is one of the BEST Native books ever written-- just the footnotes tell the history of North America:In the Courts of the Conquerer: The 10 Worst Indian Law Cases Ever Decided
by Walter R Echo-Hawkhttps://www.amazon.com/Courts-Conquerer-Worst-Indian-Decided/dp/1555913849
That is not a very good argument.
US Constitution, despite being good is not a holy document and can clearly be improved. Even the founding fathers knew it that is why we have amendments.
I doubt I will persuade you but maybe someone else reads this the reason why it is their job is that is it is government's job to arbitrate disputes. To be able to do that law abstraction must be created to support the interaction in the society. I do not have a hundreds of examples but there are imho three points where this happened.
- When we were hunter gatherers term of property (in terms of land) was likely not important. But once people started to tend to their fields and build buildings someone needs to define what it is.
- the corporation and we already covered that
- dawn of intellectual property. It probably started with music but it evolved more and more and maybe even majority of property is intellectual in the age of internet. You can look at the 230 without which the internet would not look like it does.
There is actually an interesting book that documents what happens to countries that failed evolve law to support human interaction. Most of the creation of values moves to illegality and many values are just not created.
https://www.amazon.com/gp/product/1454825103/ref=ppx_yo_dt_b_search_asin_title?ie=UTF8&psc=1
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i got this one...super helpful
How about Malaysia then ? Or maybe Brazil...
I get your point, it's just that it's hard to get fair comparisons when each country has its specificities, history, and (often unwilling) position in the geopolitical checkers board. Who knows what would have happened had China gone Perestroika in the 1980s...
If you mean to discuss the general rules or recipes for successful growth, there are plenty of books doing that, I know a few that would argue not everything the CCP did was optimal or even good, though the tremendous uplift from poverty has nowhere else been close to that of 1990s / 2000s China. Also I'm of the impression there is a lot more domestic discontent in China than we suspect.
Estuve buscando y encontré este libro: The myth of ownership, por los filósofos Liam Murphy y Thomas Nagel. Este último es un filósofo súper importante, así que tal vez sea bueno. Las reseñas se ven bien, aunque hay opiniones polarizadas (lo que no necesariamente es malo).
La verdad parece piola para echarle un ojo.
https://www.amazon.com/gp/product/1422498743/ref=ppx_yo_dt_b_search_asin_title?ie=UTF8&psc=1 I used this for my Property class.
Not a lecture, but check out the Lexis "Understanding" series of supplement books. Property was the first class I ever used one of these books for, and I CALI'd it! They have it on Amazon here, but I'm guessing most law libraries would have it too.
Look up the book The Mysteries of Capital. There are whole chapters talking about land ownership, deeds, land rushes, etc.. Fascinating book -- not Jewish, but great to understand how we take for granted the clear title to land in the US
The only way to deal with the RAP is graphically. You can't answer it by thinking about it like a puzzle. It's sort of the real-life version of a LSAT logic game.
What you do is watch this video on how to draw a graphical representation of the times involved and conveyances: https://www.youtube.com/watch?v=tLTDCqR2mts
If you need to learn estates, pick up https://www.amazon.com/Students-Guide-Estates-Future-Interests/dp/1422498743
THAT'S MY UNCLE!
Not by blood, but he's a longtime friend of my dad and has known me my entire life. So cool to see his work recognized here.
He's written a couple of books,
In the Courts of the Conqueror: The 10 Worst Indian Law Cases Ever Decided and
Currency supply inflation via fungible assets as collateral is what fuels growth. This has been proven by economists. If you want an introduction to this concept, read this book.
Ownership of property benefits everyone. Without it private trade doesn't work, ambitious people can't build capital, and everyone loses. I haven't read it yet but I'm told The Mystery of Capital (link below) gives a very good description of how important property rights are to helping the poor.
https://www.amazon.com/Mystery-Capital-Capitalism-Triumphs-Everywhere/dp/0465016154
In large part it is due to the Public Land Records System in the US. In the US we can buy and sell land with confidence and use it to gain wealth through appreciation of land values, taking out equity loans to invest in other things and it also supports our local governments through taxes that provide services. If you want to read more, check out The Mystery of Capital https://www.amazon.com/Mystery-Capital-Capitalism-Triumphs-Everywhere/dp/0465016154
That or land grabbing. The poor in those countries don't have access to the real property legal system the way we do here in the US and western Europe so many if not most are basically squatting on the property they live in. It was purchased, etc but exists in a sort of extra legal property system with no title or deed. So when there's a major natural catastrophe like an earthquake or tsunami, big business can move in and purchase the land within the legal system, thus ousting the people that have lived on it for generations. They can then build a factory or fancy resort on it.
source: https://www.amazon.com/dp/B00CW0MA1S/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
This was a godsend for me. A little pricey but super worth it.
What do you mean by "the system"? That's pretty broad. If you mean the legal system, then I'd recommend <em>In the Courts of the Conquerer: The 10 Worst Indian Law Cases Ever Decided</em> (Fulcrum Publishing, 2012) by Walter Echo-Hawk (Pawnee).
Yeah the argument that taxation is theft is well known but certainly not something that all philosophers by any means would agree with.
I'm sure there's a broad literature on this topic but a book I read as an undergrad (https://www.amazon.com/Myth-Ownership-Taxes-Justice/dp/0195176561) argues, as I recall, that gross pay should be considered a bookkeeping entry. That is, the the excess of your gross income over your net income was never genuinely yours and so it has not been taken from you when it's taxed.
>> If society regarded them as valuable, they would use their own money to give them what they deserved. But they're not, so they don't.
It really boggles my mind how you can struggle so hard to grasp the moral worth argument like it's really interesting to me.
Nothing you're saying is relevant to that argument, the entire point of the argument is that the market isn't moral.
Society values curing cancer more than someone being a banker, the amoral market sets the values, there isn't money in cancer research in the short term.
You're making really intellectually lazy arguments because like the other you're just not grasping the moral worth argument.
http://www.amazon.com/The-Myth-Ownership-Taxes-Justice/dp/0195176561
Here's a good book, and it makes an argument like mine.
The only way for you to be morally entitled to your pre-tax income is if you deserve it morally, the market is amoral and doesn't give value based on morality.
It's just the way the market is structured, and making the "morals are subjective" argument defeats your argument as well.
If morals are subjective then the government has no obligation to respect your morals, meaning it still isn't theft.
It is fairly straightforward. Low levels of economic freedom, lack of strong property rights, legal and social impediments to female employment, etc... You can pump out educated people all you like, but if you don't have the institutions in place to support entrepreneurship, you won't have jobs.
They should read The Mystery of Capital by Hernando de Soto.
I liked Little Pink House. It's nonfiction, an examination of the events leading up to a controversial Supreme Court case on eminent domain (where the government takes a citizen's personal property for what is supposed to be public use or for a significant public interest). It sounds boring but the story is pretty outrageous. If you have any interest in law, it will likely hold your interest (and piss you off). http://www.amazon.com/Little-Pink-House-Defiance-Courage/dp/0446508624
I agree that the patent system is completely borked, but this article is from 2001, so some of the things referenced may no longer be accurate. If you're interested in the topic, check out the Gridlock Economy, it's a fascinating read on how patents and intellectual property law hamper innovation in the United States.