Cato-cover

Implementing property rights for development but also for environmental conservation: a top-down approach

A new paper published by Cato Institute’s Policy Analysis open new perspectives for defining and securing property rights in the developping world as adocated by Hernado De Soto. Because property rights, secure tenure, and access to low-cost secured credit is crucial for self-sustained, long-term economic development, it seems sensible that billions of aid dollars have been spent over the last decade trying[…]

Thanksgiving

Thanksgiving… thanks to property rights

Sharing a Thankgiving  dinner in an American family helps to understand America. The survival of the small Pilgrims’ colony is linked to the implementation of  property rights as  a substitute to communal property  and the  associated “Tragedy of the Commons”. These two papers by David Bollier and Benjamin Powell explain how this event inspired John Locke and  the American[…]