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Protect Your Property Rights With Title Insurance
With just a simple one-time fee an owner’s policy can ultimately protect your important property rights for as long as you actually own your property.
property-rights  title-insurance  title 
november 2018 by Adventure_Web
Capitalism vs. Socialism: General Thoughts on Bruenig, Bryan Caplan | EconLog | Library of Economics and Liberty
If you flatly insist that a person who builds a hut on a desert island isn't morally entitled to exclude a new arrival from sharing it, there's little left for me to say.  Otherwise, we can build on these straightforward cases to credibly justify everything from real estate development to malls to multinational corporations.  Doesn't any big economic project in the modern world ultimately contain at least a small dose of theft?  (I.e., doesn't every skyscraper have at least one stolen brick in it?)  Very likely, but in the real world, this rarely turns out to be a serious moral problem.
property-rights  capitalism  Socialism  debates  Caplan 
march 2018 by HispanicPundit
Losing Ground
In The New Trail of Tears, Naomi Schaefer Riley, a columnist and former Wall Street Journal editor, explains that Indian policy is a spider web of rules and bureaucracy, converging on one central point: the interests of governments—federal, state, and tribal—routinely trump individual Native Americans’ rights and wishes, ensnaring them in a collectivism subversive of every value necessary to a flourishing society.
Natives  Books  ClaremontInstitute  property-rights 
january 2018 by HispanicPundit
A Positive Account of Property Rights
"But suppose there is one outcome that is seen as unique. A player who proposes that outcome may be perceived as offering, not a choice between that outcome, another slightly different, another different still, . . . but a choice between that outcome and continued bargaining. A player who says that he insists on the unique outcome and will not settle for anything less may be believable, where a similar statement about a different outcome would not be. He can convincingly argue that he will stand by his proposed outcome because, once he gives it up, he has no idea where he will end up or how high the costs of getting there will be."

"I can control the motions of my body by a simple act of will. You can control its motions by imposing overwhelming force, by making believable threats to which I will yield, or in various other ways. Controlling it may be possible for both of us, but it is much cheaper and easier for me. In this sense, we may describe my body as my natural property. The same description applies to my gun—because I know where I hid it and you do not. Even land may be natural property to some extent if my detailed knowledge of the terrain makes it easier for me to use or defend it. Such property is natural inasmuch as my possession of it exists in the state of nature and is independent of social convention. The fact that I can control certain things more cheaply than you can is technology, not law or morals."
society  law  property-rights  rights  great  norms  categories  schelling  coordination  signals 
november 2017 by avashevko
As a foundation for this study, I organized the collection of village-level panel data on violent actors, managing teams of surveyors, village elders, and households in 380 war-torn areas of DRC. I introduce optimal taxation theory to the decision of violent actors to establish local monopolies of violence. The value of such decision hinges on their ability to tax the local population. A sharp rise in the global demand for coltan, a bulky commodity used in the electronics industry, leads violent actors to impose monopolies of violence and taxation in coltan sites, which persist even years after demand collapses. A similar rise in the demand for gold, easier to conceal and more difficult to tax, does not. However, the groups who nevertheless control gold sites are more likely to respond by undertaking investments in fiscal capacity, consistent with the difficulty to observe gold, and with well-documented trajectories of state formation in Europe (Ardant, 1975). The findings support the view that the expected revenue from taxation, determined in particular by tax base elasticity and costly investments in fiscal capacity, can explain the stages of state formation preceding the states as we recognize them today.
pdf  study  economics  growth-econ  broad-econ  political-econ  polisci  leviathan  north-weingast-like  unintended-consequences  institutions  microfoundations  econometrics  empirical  government  taxes  rent-seeking  supply-demand  incentives  property-rights  africa  developing-world  peace-violence  interests  longitudinal  natural-experiment  endogenous-exogenous  archaeology  trade  world  feudal  roots  ideas  cost-benefit  econ-productivity  traces 
november 2017 by nhaliday
Beijing’s uneasy deals with overseas car groups under strain
The new EV joint ventures are part of a Chinese effort to master the technology for electric vehicles — and rely on a tried and tested model of working with the global car industry since the 1980s. In a nutshell, joint ventures are the only way for foreign groups to access the world’s largest and most lucrative market. China gives the overseas companies the right to sell cars in exchange for their technology, management expertise and a share of their profits. 

“China’s central planners said ‘how can we basically force global automakers to participate and bring their very best electric vehicle technology to China?’” says Michael Dunne, president of Dunne Automotive, a Hong Kong-based car consultancy. 

Since 1984, starting with Jeeps, foreign carmakers have been allowed to produce cars in China — but only in concert with a local partner holding at least 50 per cent of the venture. In practice, this is almost always one of six anointed state companies. 

While widely criticised as a trade barrier, the JV law managed to survive China’s entry into the World Trade Organisation in 2001 — testament to Beijing’s bargaining power. Now China is using an updated version of the JV law to once again dangle access to its car market in exchange for technology — this time for new electric vehicles. 

The results of the three-decade-old policy have been mixed. Rather than transforming Chinese car companies into technology giants, the joint venture companies have arguably made Chinese carmakers complacent, according to Chinese policymakers. He Guangyang, a former minister of industry, controversially described the JVs as “like opium” in an interview five years ago.


This has created fears that their proprietary technology could be stolen. Over the past two decades, foreign makers of everything from high-speed trains to fighter planes have licensed the technology to local Chinese partners only to find a few years later that their partner is a major international competitor. 

In order to keep this from happening, foreign carmakers are trying to give away as little as possible — and keep sensitive items, such as software codes, outside of China. In the past, foreign companies have managed to evade similar requirements simply by bringing in outdated technology, which has angered Chinese policymakers. 


Weeks later Miao Wei, minister of industry and information technology, told a press conference that the notion foreign companies would have to transfer technology to Chinese companies was a “misunderstanding”. 
news  org:rec  org:anglo  org:biz  trends  china  asia  sinosphere  trade  nationalism-globalism  policy  regulation  economics  business  technology  n-factor  data  frontier  speedometer  transportation  driving  government  property-rights  current-events  integrity  honor  crooked  foreign-policy  realpolitik  expansionism  authoritarianism  world  great-powers 
september 2017 by nhaliday
47 U.S. Code § 301 - License for radio communication or transmission of energy | US Law | LII / Legal Information Institute
"It is the purpose of this chapter, among other things, to maintain the control of the United States over all the channels of radio transmission; and to provide for the use of such channels, but not the ownership thereof, by persons for limited periods of time, under licenses granted by Federal authority, and no such license shall be construed to create any right, beyond the terms, conditions, and periods of the license."
US  spectrum  legislation  ownership  property-rights  47USC  licensing  statute 
august 2017 by pierredv
Industry Reaction to SCOTUS Granting Cert. in Oil States - | Patents & Patent Law
Via Blake Reid

"Yesterday the United States Supreme Court sent a shockwave through the patent community, not as the result of a new opinion but instead as the result of a decision to grant certiorari in Oil States vs. Greene’s Energy Group, et al. This dispute is between the parties to an inter partes review (IPR) proceeding conducted by the Patent Trial and Appeal Board (PTAB). The issue the Supreme Court will decide is whether it is Constitutional to have an Article I tribunal extinguish patent rights."
law  property-rights  adjudication  SCOTUS 
august 2017 by pierredv
Farmer Sues Over Marin County's Forced Farming Mandate | Pacific Legal Foundation
Pacific Legal Foundation today challenged Marin County’s new forced-farming mandate that denies building permits to landowners in the coastal agricultural zone unless they agree to personally engage in farming or ranching.
LIF-blog  property-rights  news-law 
august 2017 by icresource
Django Unchained, or, The Help: How “Cultural Politics” Is Worse Than No Politics at All, and Why |
By Adolph Reed, Jr. (University of Pennsylvania)

This is a perspective that can provide some badly needed clarity on debates in contemporary politics regarding the relation of race, racism and inequality. For example, Ron and Rand Paul, libertarians of the highest order, do not oppose the 1964 Civil Rights Law because they hate, or even don’t like, black people. (And, for the record, whenever one finds oneself agreeing at all with Kanye West about anything, it’s time to take a step back, breathe deeply and reassess.) They oppose it, as they’ve made clear, because it infringes on property rights. They dislike black people because they understand, correctly, that black people are very likely to be prominent among those committed to pursuing greater equality. They oppose black people’s demands and all others intended to mitigate inequality because any efforts to do so would necessarily impinge on the absolute sanctity of property rights. I don’t mean to suggest that the Pauls aren’t racist; I’m pretty confident they are, no matter how much they might protest the assessment. My point is that determining whether they’re racist, then exposing and denouncing them for it, doesn’t reach to what is most consequentially wrong and dangerous about them or for that matter what makes their racism something more significant than that of the random bigot who lives around the corner on disability.
journos-pundits  film  review  critique  culture  art  aesthetics  analysis  essay  race  politics  culture-war  ideology  values  civil-liberty  randy-ayndy  discrimination  property-rights  ethnocentrism  left-wing  egalitarianism-hierarchy  coalitions  identity-politics  class-warfare  inequality  envy 
june 2017 by nhaliday
SPIEGEL Interview with Singapore's Lee Kuan Yew: "It's Stupid to be Afraid" - SPIEGEL ONLINE
SPIEGEL: How so?

Mr. Lee: The social contract that led to workers sitting on the boards of companies and everybody being happy rested on this condition: I work hard, I restore Germany's prosperity, and you, the state, you have to look after me. I'm entitled to go to Baden Baden for spa recuperation one month every year. This old system was gone in the blink of an eye when two to three billion people joined the race -- one billion in China, one billion in India and over half-a-billion in Eastern Europe and the former Soviet Union.

SPIEGEL: The question is: How do you answer that challenge?

Mr. Lee: Chancellor Kohl tried to do it. He did it halfway then he had to pause. Schroeder tried to do it, now he's in a jam and has called an election. Merkel will go in and push, then she will get hammered before she can finish the job, but each time, they will push the restructuring a bit forward.

SPIEGEL: You think it's too slow?

Mr. Lee: It is painful because it is so slow. If your workers were rational they would say, yes, this is going to happen anyway, let's do the necessary things in one go. Instead of one month at the spa, take one week at the spa, work harder and longer for the same pay, compete with the East Europeans, invent in new technology, put more money into your R&D, keep ahead of the Chinese and the Indians.


SPIEGEL: During your career, you have kept your distance from Western style democracy. Are you still convinced that an authoritarian system is the future for Asia?

Mr. Lee: Why should I be against democracy? The British came here, never gave me democracy, except when they were about to leave. But I cannot run my system based on their rules. I have to amend it to fit my people's position. In multiracial societies, you don't vote in accordance with your economic interests and social interests, you vote in accordance with race and religion. Supposing I'd run their system here, Malays would vote for Muslims, Indians would vote for Indians, Chinese would vote for Chinese. I would have a constant clash in my Parliament which cannot be resolved because the Chinese majority would always overrule them. So I found a formula that changes that...
news  org:euro  interview  lee-kuan-yew  statesmen  foreign-policy  realpolitik  polisci  asia  developing-world  china  sinosphere  government  thucydides  expansionism  leviathan  property-rights  big-peeps  nationalism-globalism  europe  japan  korea  geopolitics  usa  democracy  antidemos  labor  temperance  trade  competition  germanic  pharma  peace-violence  latin-america  iran  nuclear  deterrence  india  russia  great-powers 
june 2017 by nhaliday
On the economics of the Neolithic Revolution | A Fine Theorem
Matranga writes a simple Malthusian model. The benefit of being nomadic is that you can move to places with better food supply. The benefit of being sedentary is that you use storage technology to insure yourself against lean times, even if that insurance comes at the cost of lower food intake overall. Nomadism, then, is better than settling when there are lots of nearby areas with uncorrelated food availability shocks (since otherwise why bother to move?) or when the potential shocks you might face across the whole area you travel are not that severe (in which case why bother to store food?). If fertility depends on constant access to food, then for Malthusian reasons the settled populations who store food will grow until everyone is just at subsistence, whereas the nomadic populations will eat a surplus during times when food is abundant.

It turns out that global “seasonality” – or the difference across the year in terms of temperature and rainfall – was extraordinarily high right around the time agriculture first popped up in the Fertile Crescent. Matranga uses some standard climatic datasets to show that six of the seven independent inventions of agriculture appear to have happened soon after increases in seasonality in their respective regions. This is driven by an increase in seasonality and not just an increase in rainfall or heat: agriculture appears in the cold Andes and in the hot Mideast and in the moderate Chinese heartland. Further, adoption of settlement once your neighbors are farming is most common when you live on relatively flat ground, with little opportunity to change elevation to pursue food sources as seasonality increases. Biological evidence (using something called “Harris lines” on your bones) appears to support to idea that nomads were both better fed yet more subject to seasonal shocks than settled peoples.

econotariat  economics  growth-econ  broad-econ  farmers-and-foragers  agriculture  civilization  leviathan  sapiens  history  antiquity  roots  cost-benefit  EGT  equilibrium  malthus  environment  inequality  property-rights  GT-101  signaling  peace-violence  allodium  multi  piracy  study  pdf  analysis  oscillation  🎩  🌞  models  ideas  archaeology  pseudoE  s:*  incentives  political-econ  geography  eden  moments  uncertainty  flux-stasis  explanans  eden-heaven 
june 2017 by nhaliday

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